Incentives to Encourage Consumption of Local Raw Material Scheme, 2008

What is Incentives to Encourage Consumption of Local Raw Material Scheme, 2008?

"Incentives to Encourage Consumption of Local Raw Material Scheme, 2008" promoted the use of local raw materials, supporting local manufacturers and village economies. It offered Sales Tax reimbursement and subsidies on power and water bills to eligible Micro, Small, and Medium Enterprises.

Benefit

- Reimbursement to the extent of a maximum of 90% of Sales Tax paid by such unit, subject to the quantum based on the proportion of local raw material consumed. - Incentives in the form of a subsidy on power and water bills annually. - 25% subsidy on the total expenditure incurred by the unit on power and water tariffs, subject to a maximum of ₹2,00,000/- per annum, as per the proportion of local raw material consumed.

Level

State — Goa

Ministry / Dept.

Commercial Taxes Department

Benefit type

cash

Key eligibility

- The Scheme covered units that went into production on or after 6th August 2008. - Only those units under green and specified orange categories were eligible under this Scheme. - Only those units which were permanently registered with the Directorate of Industries, Trade and Commerce or cleared by

Last verified

Recently

Benefits

- Reimbursement to the extent of a maximum of 90% of Sales Tax paid by such unit, subject to the quantum based on the proportion of local raw material consumed. - Incentives in the form of a subsidy on power and water bills annually. - 25% subsidy on the total expenditure incurred by the unit on power and water tariffs, subject to a maximum of ₹2,00,000/- per annum, as per the proportion of local raw material consumed.

Eligibility

Documents Required

How to Apply

1. Step 1: Offline application — step 1

   Step 1: The interested applicant had to obtain the specified proforma from the Directorate of Industries, Trade and Commerce. Alternatively, the prescribed format could also be downloaded from the official website of the Directorate.

2. Step 2: Offline application — step 2

   Step 2: The applicant was required to take a print of the form, fill in all the mandatory fields, paste a passport-sized photograph, and attach copies of all the mandatory documents (self-attested, if required).

3. Step 3: Offline application — step 3

   Step 3: The duly filled and signed application form, along with the documents, had to be submitted to the Director, Directorate of Industries, Trade and Commerce. The Director of Industries, Trade and Commerce would scrutinize the application and verify the eligibility of the unit.

4. Step 4: Offline application — step 4

   Deadline: The applications for the financial year had to be submitted by 30th September . No claim was entertained after this date.

5. Step 5: Offline application — step 6

   Post-Application Processes

6. Step 6: Offline application — step 7

   Step 1: The Directorate of Industries, Trade and Commerce displayed the list of claimants under the Scheme on the notice board on the first working day after 30th September. A copy of this list was forwarded to the Government immediately.

7. Step 7: Offline application — step 8

   Step 2: Upon receipt of the application, the Director of Industries, Trade and Commerce scrutinized and disposed of the application within three months. A Task Force Committee scrutinized and recommended the benefits. No dues were confirmed by the Directorate of Industries, Trade and Commerce with concerned departments under the deemed provision basis within 60 days before disbursement.

8. Step 8: Offline application — step 9

   Step 3: Once approved, the eligible unit received the benefits as per the Scheme, including reimbursement of Sales Tax and subsidies on power and water bills.

Sources & References

• Official scheme website ↗
• Source record ↗
• Information is summarised from official government sources. Verify all details on the official website before applying.