- Details
- Benefits
- Eligibility
- Exclusions
- Application Process
- Documents Required
- Frequently Asked Questions
- Sources And References
- Feedback
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Gujarat
Financial Assistance to Industrial Parks: Assistance on Fixed Capital Investment
Details
Benefits
- Assistance in General Area: 25% of eligible fixed capital investment, up to a maximum of ₹30,00,00,000/-.
- Assistance in Vanbandhu Talukas: 50% of eligible fixed capital investment, up to ₹30,00,00,000/-, for Industrial Parks.
- Support for Residential Facilities: Up to 25% of the cost of constructing hostels or dormitories for domiciled workers, with a maximum limit of ₹20,00,00,000/-.
Eligibility
- Industries Association / any enterprise registered under the Societies Act, Partnership Act, Trust Act, Companies Act or SPV constituted for setting up of Industrial Park shall be eligible to develop Industrial Park under this scheme.
Exclusions
- Expenditure on the purchase of land and land development.
- Payments related to goodwill fees, commissioning fees, and royalty.
- Costs associated with preliminary and pre-operative expenses.
- Interest capitalized during the project.
- Costs for transportation equipment or vehicles.
- Payments for technical fees or consultant fees.
- Any expenditure on working capital or items not explicitly mentioned as eligible investments.
- Any other expenditure classified as ineligible by the State Level Empowered Committee (SLEC).
Application Process
Registration Process:
Post-Registration Process:
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Documents Required
For Registration:
- Copy of Registration for Constitution of Developer Company/Firm.
- (Industries Association/any enterprise registered under Societies Act, Partnership Act, or the Companies Act or SPV).
- Copy of PAN Card of Developer Company/Firm.
- 7/12 of Survey No. for Land in which Industrial Park to be developed.
- Village Map of Land in which Industrial Park to be developed (with Highlighted Survey/Block Nos.).
- Lay-out of the proposed Industrial Park (Certified by Approved Civil Engineer/Architect).
- Project Report.
- Notarized Affidavit in Prescribed Format.
For Approval:
- Copy of Registration for Constitution of Developer Company/Firm (Industries Association/any enterprise registered under Societies Act, Partnership Act, or the Companies Act or SPV).
- Copy of PAN Card of Developer Company/Firm.
- 7/12 of Survey No. & 8A Khata Details for Land in which Industrial Park to be developed.
- Copy of Sale Deed & Index-2 of Land purchased for Industrial Park.
- Village Map of Land in which Industrial Park to be developed (with Highlighted Survey/Block Nos.).
- Approved Lay-out Plan from Concerned Govt. Authority for the proposed Industrial Park.
- Detailed Project Report (containing component-wise Estimates as per Prevailing SOR of concerned Govt. Department or its undertakings, Features and Scope of Industrial Park, Benefits to industrial units to be established, etc.).
- CA Certified Net Worth of the Developer Company/Firm/Promoters.
- Authority Letter/Board Resolution for signing on behalf of Developer Company/Firm (if applicable).
- If you have applied to Central Government for incentives/assistance under any scheme of GOI, then give Details (Sanction Letter, Approval Letter, Disbursement, etc.).
- Notarized Affidavit in Prescribed Format.
For Claim:
- Duly attested copy of Sanction Letter with Annexure for Land Details issued under the scheme from Industries Commissionerate.
- Cancelled Bank Cheque and duly attested copy of PAN Card of Developer Company/Firm.
- CA Certificate for Expenditure incurred (containing details as per prescribed Format).
- Component-wise CA Certified Expenditure Statements (Components as per Sanction Letter) (containing details as per prescribed Format).
- Component-wise Cost (Components as per Sanction Letter) as per relevant SOR of concerned Govt. Department or its undertakings certified by approved Chartered Engineer for Claim Duration (containing details as per prescribed Format).
- TPQA (Third Party Quality Assurance) Certificate for the Quality of Work done for the Industrial Park (TPQA agency must be selected from the approved/suggestive list of Central/State Government department or Board/Corporation) (containing details as per prescribed Format).
- Color Photographs of developed Infrastructure Facilities.
- Project Completion Certificate for the Industrial Park from approved Civil Engineer/Architect or TPQA (If Project is completed) (containing details as per prescribed Format).
- If you have applied to State Government for incentives/assistance under any other scheme of GOG for the same project, then provide Details. (Details of Scheme, Registration, Sanction, Approval, etc. received under that scheme; Component-wise Quantum of Assistance sanctioned, disbursed, if any.)
- If you have applied to Central Government for incentives/assistance under any scheme of GOI for the same project, then provide Details. (Details of Scheme, Registration, Sanction, Approval, etc. received under that scheme; Component-wise Quantum of Assistance sanctioned, disbursed, if any.)
- Notarized Affidavit for Claim in Prescribed Format.
Frequently Asked Questions
What is the objective of the scheme "Financial Assistance to Industrial Parks" ?
What is the purpose of the "Assistance on Fixed Capital Investment" component?
Who is eligible to apply for this assistance?
What types of expenses are considered eligible for assistance?
Is the cost of land purchase covered under this assistance?
What is the maximum amount of financial assistance available?
Is prior approval from the State Level Empowered Committee (SLEC) required?
Do Industrial Parks in Vanbandhu Taluka receive additional assistance?
Are technical consultant fees or preliminary expenses eligible for assistance?
What are Schedule of Rates (SOR) norms?
Can applicants claim assistance for expenses incurred before receiving approval?
Are transportation equipment and vehicles covered under this assistance?
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You're being redirected to an external website. By proceeding, your details will be shared with the relevant department.
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You have already submitted an application for this scheme. You may apply again only after 30 days i.e. after
It seems you have already initiated your application earlier.To know more please visit
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Check Eligibility
Gujarat
Financial Assistance to Industrial Parks: Assistance on Fixed Capital Investment
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