Sponsored
    Follow Us:
Sponsored

Package Scheme of  Incentives – 2013

Government of Maharashtra

Industries, Energy and Labour Department Government Resolution No.: PSI -2013/ (CR- 54 )/IND-8

Mantralaya, Mumbai – 400 032,
Date: 1st April 2013.

PREAMBLE-

In order to encourage the dispersal of industries to lesser developed areas of the State, the Government has been giving package of incentives to New Industrial Units / Expansion Units set up in the developing regions of the State since 1964 under a Scheme popularly known as the “Package Scheme of Incentives.”

The Package Scheme of Incentives, introduced in 1964, has been amended from time to time. The Scheme as amended last, is commony known as the “Package Scheme of Incentives-2007” (PSI-2007) and is operative since the 1st April, 2007.

The State has recently declared the new Industrial Policy -2013 to ensure sustained industrial growth through various innovative initiatives so as to further improve the conducive industrial climate in the State and to provide global competitive edge to the industries in the State. The policy envisages grant of fiscal and non-fiscal incentives to the Industrial units with a view to helping the units achieve higher and sustainable economic growth with emphasis on balanced regional development and employment generation through greater Private and Public Investment in industrial sector. It is therefore necessary to amend the Package Scheme of Incentives-2007, in the light of the Industrial Policy-2013 and introduce a new “Package Scheme of Incentives 2013” containing details of eligibility criteria, quantum of incentives and monitoring mechanism for administering the incentives during the period up to the 31st March, 2018.

Resolution

In supersession of the Package Scheme of Incentive – 2007, which shall expire on the 31st March, 2013, the Government is pleased to accord approval to the new “Package Scheme of Incentives -2013” (PSI-2013) which will come into effect on the 1st April 2013 for a period of five years. The detailed provisions of the PSI-2013 are as follows : –

1. APPLICABILITY OF PSI-2013

1.1 Period of Operation of PSI-201 3 :-

The PSI -2013, as may be amended by the Government from time to time, shall remain in operation from the 1st April 2013 up to 31st March,2018 .

1.2 Coverage under the PSI – 2013 :-

The following categories of Eligible Industrial Units in the Private Sector, Co­operative Sector, Central Public Sector, State Public Sector/ Joint Sector shall be eligible to be considered for incentives under the PSI- 2013 :-

i) Industries listed in the First Schedule of the Industries (Development and Regulation) Act, 1951, as amended from time to time

ii) Manufacturing Enterprises as defined in the Micro, Small and Medium Enterprises Development Act, 2006. (MSMED Act, 2006)

iii) Information Technology Manufacturing Units registered with the Directorate of Industries or the Maharashtra Industrial Development Corporation (MIDC) or the Development Commissioner, Santacruz Electronic Export Processing Zone (SEEPZ) or Software Technology Parks of India (STPI) in the State.

iv) Bio-technology Manufacturing Units as specified by the Government from time to time, which are outside the purview of any registering authority mentioned above.

v)  Cold Storages

vi) Mechanized Food/Agro Processing Industries in the following sectors:

  • Dairy, Fruit and Vegetable Processing.
  • Grain Processing.
  • Fish Processing.
  • Consumer foods including Packed foods.
  • Non alcoholic beverages from fruits and vegetables.

vii) Central Public Sector Units which satisfy the qualifying criteria as defined in Para No.2.2.(iii) given below.

1.3 Classification of Areas for PSI-2013 :-

For the purposes of the PSI- 2013, detailed talukawise classification of different areas of the State as Group, A /B/ C/ D/ D + etc., on the basis of their level of industrial development shall be as given in Annexure-I to this G.R. where –

(i) Group A: Denotes Industrially developed areas

(ii) Group B: Denotes Areas where some industrial development has taken place, but are less developed than the areas under Group A.

(iii) Group C: Denotes Areas, which are less developed than those covered under Group B.

(iv) Group D: Denotes the lesser-developed areas of the State, not covered under Group A/ Group B/ Group C.

(v)  Group D+: Denotes the least developed areas, not covered under Group A/Group B/Group C/Group D.

(vi) No Industry District: Denotes District having no industries and not covered under Group A / B/ C/ D & D+ .

(vii) Naxalism Affected Area : Denotes Area affected by naxalism, as described in GR No NAVIKA-2008/C.R. 209/Ka. 1416 Dated 31 .5.2009 ( Annexure II)

Download Full text of the Notification

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

0 Comments

  1. Heena Jose says:

    Is this scheme applicable to Existing Unit in C Zone ( SHIRUR ) PUNE. Where can I get the applciation form / download the application form for Eligibility Certificate & Application form for Electricity Duty Exemption along with the procedure & List of documents required.

    Can you please brief on the above.

    Thank you

  2. HP KAMATH says:

    Sir,

    I wanted clarification wrt Electric city duty waiver for new project which is expansion of existing unit in Sinnar. Our expansion comes under large scale.
    Regards

  3. shaikh m z says:

    sir,

    I have gone through the gr of package scheme, in this the disbursement of subsidy is given YEARLY CAP FOR THE INCENTIVE – If the unit is eligible for the total quantum of Rs.1000 and the E.C. period is 10 years, then actual incentives disbursed to such unit, shall not exceed Rs.100 (1000/10) in a given year even though the amount of total incentives sanctioned for that year is more than Rs. 100.

    How is this EC Period calculated or it is fixed like 10 years as given in table.

    Thank you

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
December 2024
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031