Benefits available to:-
Include | Exclude |
---|---|
New Building | Land and land Development Cost |
Other Construction | Working Capital |
Plant & Machinery | Goodwill |
Project Related Infrastructure | Royalty |
Preliminary and Pre-Operative Expense | |
Indigenous Second hand Plant & Machinery | |
Interst Capitalised | |
Power Generation Except for Captive Use | |
Rented and leased Property |
CATEGORY OF TALUKA | % ROI |
---|---|
CATEGORY 1 | 25% (Maximum Rs.35 lakhs) |
CATEGORY 2 | 20% (Maximum Rs.30 lakhs) |
CATEGORY 3 & MUNICIPAL CORPORATION AREAS | 10% (Maximum Rs.10 lakhs) |
Conditions:- | ||
---|---|---|
Timeline for Application | "Whichever is Later ►1 Year From First Disbursment of Loan ►1 Year From Commencement of Production ►1 Year From Date of Issue of this Government Resultion" | |
When to Credit Subsidy | Capital Subsidy will be Paid Only after Commencement of Production | |
Benefits under other scheme | If Enterprise availed any benefits Under Central Goverment then Total Quantum Of Capital Investment Subsidy From State and Central Shall not exceed total loan amount disbured By Bank/ Financial Institution. |
CATEGORY OF TALUKA | % ROI | PERIOD |
---|---|---|
CATEGORY 1 | 7% | 7 Year |
CATEGORY 2 | 6% | 6 Year |
CATEGORY 3 & MUNICIPAL CORPORATION AREAS | 5% | 5 Year |
Conditions:- | ||
---|---|---|
ADDITIONAL 1% INTEREST SUBSIDY TO SPECIFIED ENTERPRISE | ►Differently Abled Enterpreneur ►Woman Enterpreneur" ►Registered Startup ►Young Enterpreneur (Below 35 Years on Date of Sanction of loan) ►Enterprise needs to bear minimum 2% Interest of loan | |
Timeline for Application | "Whichever is Later ►1 Year From First Disbursment of Loan ►1 Year From Commencement of Production ►1 Year From Date of Issue of this Government Resultion | |
Date of availment of Subsidy | From Date of 1st Disbursement OR From Date of commencement of production | |
Benefits under other scheme | If Enterprise availed any benefits Under Central Goverment then Total Quantum Of Interest Subsidy From State and Central Shall not exceed total interest amount charged By Bank/ Financial Institution. | |
Reimbursement of Subsidy | After commencement of Production |
CATEGORY OF TALUKA | % ROI | UP TO ….% OF FCI P.A. |
---|---|---|
CATEGORY 1 | 100% | 7.50% |
CATEGORY 2 | 90% | 6.50% |
CATEGORY 3 & MUNICIPAL CORPORATION AREAS | 80% | 5% |
Conditions:- | ||
---|---|---|
Timeline for Application | "Whichever is Later ►1 Year From First Disbursment of Loan ►1 Year From Commencement of Production ►1 Year From Date of Issue of this Government Resultion" | |
Date of availment of Subsidy | "Date of 1st Disbursement OR Date of commencement of production" | |
Separate registration | Service enterprise should have to registration under applicable ACT | |
Separate Books of accounts | If MSMEs having multiple manufacturing units, then have to maintain separate books of accounts and also certified by CA | |
Reimbursement of Subsidy | Quarterly Basis |