The "Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries" aims to strengthen the overall industrial ecosystem in the State and also enable a larger set of manufacturing companies to emulate the adoption of clean energy and make them future-ready to compete in global markets.
Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries: Net SGST reimbursement - Introduction
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).
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.
Eligibility
- The mega industry must operate as a manufacturing unit.
- The unit must have a minimum investment of INR 2,500 crore in plant and machinery.
- The unit must provide direct employment to at least 2,500 persons.
- The unit must belong to one of the thrust sectors as defined in the cmogujarat.gov.in (Refer Page No. 9).
- The unit must obtain separate GST registration for the eligible products.
- The project must be a new industrial undertaking with commercial production started within the applicable period.
- The unit must comply with the conditions stated regarding sales classifications and documentation.
Exclusions
- Units involved in trading activities or providing services, unless they maintain separate registration for manufacturing.
- Units misrepresenting their sales (e.g., declaring inter-state sales as intra-state to claim higher incentives).
Application Process
- Step-1: Visit the ifp.gujarat.gov.in portal. Click on "New Investor Registration" to access the registration form.
- Step-2: Fill in the Registration Form. Click on "Submit".
- Step-3: Verify the E-mail ID using the link sent on your registered E-mail ID.
- Step-4: After verification, you will be registered successfully.
- Step-1: Visit the ifp.gujarat.gov.in portal. Click on "Login".
- Step-2: Enter the email address and password you used during registration.
- Step-3: Click the "Login" button to access your account.
- Step-4: Now fill in the required details and mandatory documents about your business to complete the application process.
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Definitions
In case of new industrial unit, the DoCP shall be the date of first sale bill of the product(s) for which the project has been set up. In case of expansion and/or diversification projects, the DoCP shall be the date of first sale bill of the product(s) being manufactured by the expansion and/or diversification project.