Skip to main content🇮🇳 Independent, unofficial aggregatorLast data sync: 5 days ago
Independent, unofficial aggregator — not affiliated with the Government of India or any state government.
AG
GujaratBusiness & Entrepreneurship

Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries: Net SGST reimbursement

View Official Source

About This Scheme

The "Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries" is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state's dynamic mega-industry sector, which significantly contributes to employment, GDP, and exports. Effective from October 5, 2022, to October 4, 2032, this initiative supports growth, investments, and the vision of "Aatmanirbhar Gujarat" and "Aatmanirbhar Bharat." The component "Net SGST reimbursement" aims to provide financial support to eligible industrial projects by reimbursing a portion of their net State Goods and Services Tax (SGST).

Eligibility

1. The mega industry must operate as a manufacturing unit. 1. The unit must have a minimum investment of INR 2,500 crore in plant and machinery. 1. The unit must provide direct employment to at least 2,500 persons. 1. The unit must belong to one of the thrust sectors as defined in the [Guidelines](https://cmogujarat.gov.in/sites/default/files/2023-01/AatmaNirbhar-Gujarat_Industrial-Policy_0.pdf) (Refer Page No. 9). 1. The unit must obtain separate GST registration for the eligible products. 1. The project must be a new industrial undertaking with commercial production started within the applicable period. 1. The unit must comply with the conditions stated regarding sales classifications and documentation.

Benefits

- Reimbursement: Eligible units will be reimbursed the full net SGST paid.- Maximum limit: Reimbursement is capped at 0.9% of the eFCl value per annum.- Long-term support: The scheme offers reimbursement for a period of 20 years, starting from the commencement of commercial production.

How to Apply

Online
See official source for details

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.

AGSMNSGST — Sarkari Updates