Companies producing halal food will be given Investment Tax Allowance (ITA) of 100% of qualifying capital expenditure incurred within a period of 5 years. The allowance can be set-off against 100% of statutory income in each year of assessment.
Applications should be made using existing relevant ICA application forms (ICA/JA-1, ICA/JA-2, ICA/JA-3, ICA/JA-4, ICA/JA-5, ICA/JA-6)
- New Companies undertaking production of halal Food.
- Existing companies undertaking diversification project in the production of halal food.
- Existing halal food companies undertaking upgrading/ expansion of existing plant