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Incentive Scheme for MSMEs in Powerloom Sector: Subsidy on Stamp Duty and Registration Fees

“Subsidy on Stamp Duty and Registration Fees” incentives under the “Incentive Scheme for MSMEs in Powerloom Sector” scheme by the Dept. of MSME & T, Government of West Bengal, aims to provide reimbursement for stamp duty and registration fee paid by it for the purpose of registration of documents.

Ministry / Department
Micro, Small & Medium Enterprises and Textiles Department
Level
State
Benefit type
cash
Last verified: Recently

What is Incentive Scheme for MSMEs in Powerloom Sector: Subsidy on Stamp Duty and Registration Fees?

“Subsidy on Stamp Duty and Registration Fees” incentives under the “Incentive Scheme for MSMEs in Powerloom Sector” scheme by the Dept. of MSME & T, Government of West Bengal, aims to provide reimbursement for stamp duty and registration fee paid by it for the purpose of registration of documents.

Benefit
> **Micro & Small Enterprise:** **Zone A:** 75% **Zone B:** 75% **Zone C:** 75% **Zone D & E:** 100% > **Medium Enterprise:** **Zone B, C, D and E:** 75%
Level
State — West Bengal
Ministry / Dept.
Micro, Small & Medium Enterprises and Textiles Department
Benefit type
cash
Key eligibility
- The Scheme shall be generally applicable to all micro, small, and medium enterprises (MSMEs) in the powerloom sector. - Enterprises must have started production from 01.01.2022 to 31.12.2024. - Enterprises should have executed a Four-party agreement with the Directorate of Textiles, Financial inst
Last verified
Recently

Benefits

> **Micro & Small Enterprise:** **Zone A:** 75% **Zone B:** 75% **Zone C:** 75% **Zone D & E:** 100% > **Medium Enterprise:** **Zone B, C, D and E:** 75%

Eligibility

- The Scheme shall be generally applicable to all micro, small, and medium enterprises (MSMEs) in the powerloom sector. - Enterprises must have started production from 01.01.2022 to 31.12.2024. - Enterprises should have executed a Four-party agreement with the Directorate of Textiles, Financial instArea: West BengalBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Offline application — step 1

      After commencement of production an eligible micro, small or medium enterprise in Powerloom segment claiming the subsidy, will submit application as per prescribed format in Form-A2 with all the relevant documents to the Directorate of Textiles. Time frame for submission of first Application: Within 12 months from the date of commencement of commercial production (01.01.2022 to 31.12.2024). Address: Directorate of Textiles, Handlooms, Spinning Mills, Silk Weaving & Handloom Based Handicrafts Division New Secretariat Buildings, 1, K. S. Roy Road, 5th Floor, 'B' Block, Kolkata 700001. Tel No. 033-2248 4537 / 2248 6271 (Ext. 215) Fax No. 033-2248 4537

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

    Open Official Website