FAQ Regarding Subsidy
With the Member Secretary of appropriate Screening Committee as shown below: a) For investments upto Rs. 10 crore—Member Secretary of District Level Screening Committee of the concerned district (District Industries Centre) b) For investments above Rs. 10 crore—Member Secretary of the State Level Screening Committee i.e. Commissioner of Industries, Government of Rajasthan.
Investment upto Rs. 10 crores: District Level Screening Committee of the concerned District.
Investment above Rs. 10 crores: State Level Screening Committee.
Investment means the investment made by the enterprise in fixed assets which constitutes the cost of land, cost of factory and building, cost of plant and machinery or equipment, other investment made in fixed assets which is essential for production from the unit and fee involving technical know how or drawing fee paid to the service provider.
The Scheme applies to new investment and expansion made by the existing and sick enterprises.
The operative period of the Scheme is from 8th October, 2014 to 31st March, 2019.
Yes. However, in case the enterprise is availing any Investment Subsidy under any other Scheme of Government of Rajasthan in respect of investment made in fixed assets, the total subsidy payable under this Scheme shall be reduced to the extent of Investment Subsidy so received.
There is no upper ceiling for investment.
Any investment having the capital investment of Rs 500 cr. and above or providing employment to 500 persons and above or Enterprises investing more than Rs. 100 crore and using the minerals mentioned in Annexure-III appended to the Scheme, as raw material can avail customized incentive benefits under the scheme.
Yes, the procedure for claiming exemptions i.e. 50% exemption in Stamp Duty, Conversion Charges, Electricity Duty, Entertainment Tax and Mandi Fee are mentioned under clause 11 of the scheme. In the same clause procedure for claiming Employment Generation Subsidy, Reimbursement of VAT on purchase of plant and machinery or equipment, claim of Capital Subsidy and determination of Zero Liquid Discharge based Effluent Treatment Plant and claim of Reimbursement of VAT for Textile sector have been detailed out.
Yes. Different application forms for different benefits are required to be submitted, duly completed, which are attached to the scheme.
Yes, the list of ineligible investment proposals is at Annexure-I of the scheme.
No. However, list of goods as and when specified by the State Government in the Finance Department would be eligible from the date of issue of the Notification.
Yes, additional incentives are offered to Women, Scheduled Castes and Scheduled tribes entrepreneurs which is mentioned at clause 6 of the scheme.
Yes this scheme offers special benefits to Backward Region (Revenue District of Barmer, Dholpur, Jaisalmer and Karauli) and Most Backward Region (All blocks of Tribal Sub Plan area, Revenue District of Baran and Jhalawar) of the state. Additional benefits to the Backward and Most Backward areas can be seen at clause 7. For identification/addition in the list of Backward and Most Backward areas, notification/s will be issued by the concerned department from time to time.
Yes the state has identified the thrust sectors to be promoted for investment which are Ceramics & Glass, Dairy, Electronic & System Design, Industrial gases, Micro Small and Medium, Pharma, Plastic to Oil, Powerloom, Textile and Tourism.
Eligible enterprise have to apply under Single Window Clearance Mechanism to BIP, the Nodal Agency for State Empowered Committee (SEC) constituted under the chairmanship of Chief Secretary. The SEC either rejects or recommends the proposal to the cabinet for approval.
This scheme offers capital subsidy to such enterprises which plan to establish zero liquid discharge based effluent treatment plant. However, this benefit is limited to enterprises of Textile sector or revival of sick industrial enterprises.
- Subsidy: VAT/CST/SGST reimbursement
- Exemptions as mentioned under answer to Q. No. 9 above.
No. However, MSMEs can avail the term loan facility from any FIs, Banks and other Non Banking Financial Institutions, duly recognized by RBI.
Incentives are provided in the form of VAT/CST/SGST reimbursement and exemptions as mentioned under answer to the Q.9 above. However, for the enterprises related to Entertainment, the reimbursement of amount is restricted to 25% of the VAT paid.
The terms and conditions for availing the benefits are mentioned under clause 14 of the Scheme.
In case of breach of any of the condition/s mentioned anywhere in the Scheme, the benefits availed under this Scheme, is liable to be withdrawn by the appropriate Screening Committee and on its recommendation the concerned Department shall recover the benefits availed by the enterprise along with interest @ 18% per annum from the date from which the benefits have been availed.
No. But it is one of the mandatory condition to avail benefits under the Scheme.
This scheme encourages the competent authority to grant the benefits through electronic mode. Besides it also encourages the competent authority to change any procedure mentioned under this scheme to facilitate the electronic mode of delivery of benefit.
All related competent authorities shall implement the scheme i.e. provide benefits after the enterprise has been provided Entitlement Certificate by the concerned Screening Committee.