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Maharashtra- The Preferred Investment Destination
10th September 2015
Knowledge Partner
1© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
2© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
Maharashtra contributes to ~15% of India GDP on an average
State GDPGDP has grown more than 85% since 1980, i.e. highest in India
GSDP and State contribution (USD billion; %)
1285
1570
1751 1726 1731
180 230 245 243 244
FY10 FY11 FY12 FY13 FY14
India GDP Maharashtra GSDP
14% 14.65% 14% 14.07% 14.1%
Source: PIB, CSONote: GDP at Current Prices
Economic growth (%)
9.3
11.3
4.8
6.28.7
8.6 9.3 6.3
4.5 4.7
FY10 FY11 FY12 FY13 FY14
Maharashtra's GDP growth (%) India's GDP growth (%)
Maharashtra’s GDP composition (%)
8.2 8.9 8.5 7.9 7.5
30.0 30.7 29.4 28.4 28.4
61.8 60.5 62.2 63.7 64.0
FY10 FY11 FY12 FY13 FY14
Agriculture Industry Services
3© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
FDI in Maharashtra
Attracts the highest FDI in the country; expected to maintain its lead in the future as well
During April 2000 to November 2014Source: Ministry of Commerce and Industry
Total value of investment in the said period was € 62.6 bn (USD 70.4 bn), which
accounts for 30% of the total FDI Inflow
The next best destination Delhi garnered € 40.7 bn (USD 45.8 bn) and a share of 19 %
FDI inflow – India & Maharashtra
8,249 6,0979,553 8,716
3,420 4,983
25,83421,383
35,121
22,424 24,299 25,526
FY10 FY11 FY12 FY13 FY14 FY15*
Maharashtra India
FDI inflow and state contribution (USD million; %)
FDI Inflow – Maharashtra vs Other States
State-wise % share of cumulative FDI inflow (2001 - 2014)
30
207
64
41
28
Maharashtra
Delhi
Tamil Nadu
Karnataka
Gujarat
Andhra Pradesh
West Bengal
Others
Industrial Ecosystem
in Maharashtra
5© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
Ease of doing business in Maharashtra
Facilitating Investors with conducive business environment
Property Registration
• Sub Registrar office is computerized • Most city municipal bodies & major
districts are issuing computerized property bills
• E-payment of fees through GBAR & e-SBTR • Property Tax can be paid through a mobile
app
Electricity
• Procedures reduced from 7 to 3
• Time from 67 to 15 days
• Online submission of application form & supporting documents
Construction Permits
• No of days reduced from 162 to 50
• No of procedures reduced from 27 to 11
• Online application System for building permit to be implemented
Land Reforms
• Increase in FSI from 0.2 to 1.5 for industry set up
• Additional FSI up to 200% for IT SEZ
• Abolished Industrial License permission from Municipal Corporations & Industrial location policy for the MMR.
Labor Reforms
• Introduced self-certification scheme with Single Integrated Return Form for implementation of 16 Labor Laws in the State
• To eliminate “Inspector Raj”, circular issued for randomized risk based inspection and submission of inspection reports within 72 Hrs
• Self-certification scheme for boiler permission.
Tax & Environmental Clearances
• Common Application form for VAT, Professional tax, CST
• 7 benches constituted appointing High Court judges to hear commercial cases
• Randomized risk based inspection & submission of inspection reports within 24 Hrsas mandated
• River Regulation Zone policy: Discontinued
6© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
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Maharashtra: Industrial Clusters
MIDC continually works towards increasing its land bank and setting-up of clusters/specialised parks
IT and ITeS
Gems and Jewellery
Logistics
Pharma / Chemical
Mumbai - Thane
Auto DefenceIT/ITeS and ESDMEngineeringChemicalFMCG
Pune
Textile
Food Processing
Solapur
Engineering
Auto
Pharma
Chemical
Aurangabad
Food Processing
Engineering
Winery
Ahmednagar - Nashik
Food Processing
Logistics
IT
Textile
Nagpur / Amravati
7© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
Source: Economic Survey of Maharashtra, 2013-14
Maharashtra: Infrastructure
Electricity
• Total State generation 88.14 billion Kwh nearly 10% of the national average
• Total consumption 100 billion kwh more than 14% of India
• Industrial consumption is at 38 billionkwh more than 15% of India
Railways
• 9.3% of total railway network in the country
• 2 Major Railway zones
• Dry Ports, truck terminals and railway sidings for easy freight movement
Airports
• 3 International and 7 Domestic Airports
• 20 Airstrips
• Mumbai airport is one of the busiest airports in India.
Seaports
• 2 Major ports
• 21.76% of the total cargo transport of the major ports in India is handled by the JnPT and MbPT ports
• 53 Minor ports
Roads
• 99.2% of the villages are well connected with all weather roads in the state
• The state is well connected to its six neighboring states and other parts of India through 18 national highways.
8© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
Maharashtra: Abundant Availability of Skilled Manpower
Has more than 6,000 institutes that enrols over 2.5 million students per annum
Pharmaceuticals
Research, Drug, Atomic Studies, Ports, Design
Electronics
Citrus, Cotton, Veterinary
Agriculture
Research, Healthcare
Film, Defence, Research, Chemical
Media, Textile
State University Deemed University
20 State Universities and 21 Deemed University
StreamsNo. of
InstitutesEnrolments per
year
General Education(Art, Science, Commerce)
3300 15,20,000
Engineering 1,074 5,43,000
Architecture 75 10,000
MBA/MMS and PGDM
516 36,000
Hotel Management and Catering Technology
23 868
Pharmacy 462 38,000
Master in Computer Application
148 15,000
Industrial Training Institutes
766 1,05,000
Medical Education 293 28,500
One of the Indian Institute of Technology (IITs) at Mumbai and one of the Indian Institute of
Management (IIM) at Nagpur
9© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
Labor Disputes in Indian StatesMaharashtra is one of the most industry friendly states
15
15
2
2
5
1
30
19
9
17
10
6
Upto May 20142013
46
17
19
25
14
7
2012
63
22
16
14
11
2
2011
Nu
mb
er o
f in
du
stri
al d
isp
ute
s
Tamil Nadu
Gujarat
Andhra Pradesh2
Karnataka
Rajasthan
Maharashtra
Source: Ministry of Labour and Employment, GoI
German – Maharashtra
Partnership
11© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
German Presence in Maharashtra
Source: Department of Industrial Policy & Promotion, Govt. of India, Indian Embassy in Berlin
FDI (from April 2000 to June 2015)
In India In Maharashtra
Total FDI€ 230,041 Million (USD 258,020 Million)
€ 66,953.75 Million (USD 75,097 Million)
German FDI€ 7,309 Million (USD 8,198 Million)
€ 194.9 Million(USD 218.6 million )
German Companies
1,521 619
Other key players
12© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
German Presence in Maharashtra
Source: Department of Industrial Policy & Promotion, Govt. of India, Indian Embassy in Berlin
Offered a 2-acre land at Hinjewadi IT Park in Pune for business expansion
Production site in Aurangabad , Maharashtra
Investment of € 684.72 mn (USD768 mn), capacity of manufacturing 110,000 cars annually in Chakan, Pune
1,500-crore brownfield expansion of its Chakan unit near Pune
To setup farm equipment manufacturing unit in Nagpur
To expand its existing capacity at its Nashik plant.
Recent German Investments
13© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
Key Investment Sectors - Region
• German companies evincing investment interest in various sectors including :
• Manufacturing
• Automobile
• Agriculture
• Energy
• IT & Electronics
• Textile
• Wine and spirits
• Chemicals
• TransportationFoundry Industry
IT Services
Agriculture, Defense
Winery & Spirits
Auto & Auto Ancillaries
Textile
Pune
Kolhapur
AmravatiNashik
Nagpur
Mumbai
Key Regions for Investment
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Make in Maharashtra
‘Make in Maharashtra’ is an initiative by the Maharashtra Government to complement the Union government’s
‘Make in India’ mission
Approvals required by investors to start a project reduced to 25 from 76 and all the necessary permissions would
be granted within a month
Single-window clearance: To all units to reduce the average time required for establishment of such units and issue
various clearances required for setting up of industries at a single point.
Permissions for investment proposals for € 13mn (Rs 100 crore) plus projects would be given at one place
To bring down power tariff, the government has initiated the revival of non-operating power plants with a little
investment
Working towards improving power production and water supply, essential for industries, and easing of land
acquisition processes
15© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
Setting-up operations in Maharashtra
Maharashtra - Germany Partnership
INDIAN COMPANY FOREIGN COMPANY
Liaison/ Project / Branch Office
Automatic route
FIPB ApprovalNew User
Registration (MCA)
Apply for land
Tax Registration
Industrial Park
SEZ
Private Land
PAN, VAT, Service Tax
Excise Duty
IEC Code
Certificates & Clearances
Shop & Establishment
Trade Registration
Certificate of Commencement of Business
Insurance
EPFO
Environmental & other Clearances
Apply for Industrial
Licensing to DIPP
Apply for Power, Water
MIDC facilitates you to start operations within eight to ten weeks
JV / Merger with local company
Wholly Owned Subsidiary
16© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
Maharashtra: Policy Support
Progressive policies aimed at increasing the ‘competitive advantage’ of businesses
─ VAT + CST Abatement
─ Stamp Duty Exemption
─ Electricity Duty Exemption
Plus, a host of other benefits… Fisc
al S
up
po
rt ─ Skill Development
─ Single Window Clearance (SWC)
─ Investor Facilitation
─ Investor After Care Cell
No
n-Fiscal Su
pp
ort
Mega and Ultra Mega project can qualify for fiscal
incentives up to 100% of the fixed capital
investment
Special Incentives
10% additional incentive is provided by
the state if the project creates double the
employment required for the eligibility
17© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
Maharashtra: Policy Support
Project Qualification criteria, Monetary ceiling and Eligibility period
Ultra Mega/ Mega Projects
No.Project
ClassificationArea Classification
Fixed Capital
Investment
Direct
Employment
1 Ultra Mega Industrial Unit
Entire State € 213.98 mn(USD 240 mn)
3,000
2Mega Industrial Unit
A & B € 106.99 mn(USD 120 mn)
1,500
C € 71.33 mn(USD 80 mn)
1,000
D & D+ € 35.66 mn(USD 40 mn)
500
Qualification Criteria Incentive Basket
Ultra Mega/ Mega Projects
Taluka/Area
Classification
(% of Fix Capital
Investment)
A & B 50
C 75
D , D+ & NID 100
− Stamp Duty Exemption : 50% in A & B areas and 100% in rest of the areas− Electricity Duty Exemption : For 10 yrs. in A & B areas and 15 yrs. in rest of the
areas
− IPS per Year : 50% Gross VAT
Investment
(In USD Million)
Investment
(In Euro Million)
Max.
Period
(in Yrs.)
Up To 80 Up To 71.2 7
81 to 120 72 to 106.8 9
121 to 161 107.7 to 143.3 12
Above 161 Above 143.3 20
18© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
Incentives: Ultra Mega / Mega Projects
Numerous incentives to improve the conducive industrial climate in the State
Particular Incentive
Industrial Promotion Subsidy
60% to 100% Net VAT + 100% of CST
Water and Energy Audits
− 75% reimbursement of cost of water and energy audit limited to €1406 (USD1,580) and € 2812.5 (USD 3,160) respectively
− Reimbursement of 50% cost of capital to conserver water and energy , limited to € 7031.4 (USD 7,900)
Stamp Duty Exemption 100% stamp duty within investment period for acquiring land
Electricity Duty Exemption 100%
Food Processing Sector Additional 10% Incentives and additional 1 year towards eligibility
Power Cost reimbursement € 1.34 (USD 1.5) per 100 unit
Common Facility Centers Fiscal assistance by way of grant up to 70% on cost of plant and machinery
Interest Subsidy Interest Subsidy of 5% per annum
For Ultra Mega and Mega projects, quantum of incentives are decided by High powered committee under the chairmanship
of Chief Secretary, Government of Maharashtra and
sanctioned by Hon. Chief Minister of Government of
Maharashtra on a case to case basis
Incentives worth of € 191.18 mn (USD 214.43 mn) disbursed during financial year 2014-15
19© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
Incentives: LSI
Project Eligibility period and incentives offered
Incentive Basket
LSI Projects
Taluka/Area
Classification
(% of Fix Capital
Investment)
Max Period (in
Yrs.)
A - 7
B - 7
C 30 7
D 40 7
D+ 50 7
NID 70 7
− The maximum disbursement of the incentives every year will be proportionate to the monetary ceiling and the eligibility period
Schemes Policy Support
Industrial Promotion
Subsidy
Every year, in areas other than A & B areas, IPS will be 60% to 100% of VAT on local sales minus Input Tax Credit or zero which ever is less and Central Sales Tax payable on eligible finished product
Water & Energy Audit
• 75 per cent reimbursement of cost of water and energy audit limited to € 1345.16 (Rs.1 lakh) for water audit and € 2690.3 (Rs.2 lakhs) for energy audit
• 50% cost of capital equipment required for undertaking measures to conserve water and energy limited to € 6725.8 (INR 5lakhs) each
Stamp Duty
Exemption
• 100% exemption within investment period for acquiring land and for term loan purposes
• In A and B areas, Stamp Duty exemption will be offered only to IT and BT units in IT & BT Parks
Electricity Duty
Exemption
• Exemption from electricity duty payment to eligible new units in C, D, D+, NID area for a tenure equal to the eligibility period
• In A & B areas, electricity duty exemption will be offered to 100% EOU Large units and IT/BT units for 7 years
20© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
Incentives: MSME
Project Eligibility period and incentives offered
Incentive Basket
MSME Projects
Taluka/Area
Classification
(% of Fix Capital
Investment)
Max Period (in
Yrs.)
A - 7
B 20 7
C 40 7
D 70 10
D+ 80 10
NID 90 10
− For Existing/New units qualifying as Expansion / diversification are eligible for 75% subsidy on fixed capital investment
Schemes Policy Support
Industrial Promotion
Subsidy
In areas other than A & B, equal to VAT on local sales minus ITC or zero
whichever is more plus CST payable plus 20-100% of ITC on eligible
finished products
Water & Energy Audit
• 75% reimbursement of cost of water and energy audit admissible
• Assistance by way of 50% grant, limited to € 1345.16 (Rs.1 lakh) for
water audit and € 2690.3 (Rs.2 lakhs) for energy audit
• 50% cost of capital equipment required for undertaking measures to
conserve water and energy limited to € 6725.8 (INR 5lakhs) each
Interest
Subsidy
• In areas other than A area, @5% pa with maximum value up to the
value of electricity consumed and bills paid for that year will be
admissible
21© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
Incentives: MSMEs
Schemes Policy Support
Electricity Duty
Exemption
• New MSMEs in C, D, D+, No Industries Districts will be entitled to exemption from payment of electricity duty for tenure equal to the
eligibility period.
• In A & B areas , 100% electricity duty exemption will be offered to Exported oriented MSMEs and IT/BT units for seven years
Technical Upgradation
• 5% subsidy on capital equipment for technology upgradation subject to a maximum of € 33,629 (Rs.25 lacs)
Quality Certification • 75 % subsidy on the expenses incurred on quality certification, limited to € 1345.16 (Rs.1 Lakh) .
Cleaner Production Measure
• 25% subsidy on capital equipment for cleaner production limited to € 6725.8 (INR 5lakhs)
Patent Registration• 75 % subsidy on the expenses incurred on patent registration limited to € 13451.65 (Rs.10 Lakh) for the National patents and €
26903 (Rs.20 lakh) for the International patents.
Stamp Duty
Exemption
• 100% exemption within investment period for acquiring land and for term load purposes
• In A & B areas, Stamp Duty exemption only to IT and BT units in IT and BT parks
• Eligible Units under PSI 2007 scheme will also be eligible
Power Tariff Subsidy
• To the extent of € 0.013 (INR1) per unit consumed to eligible new units located in (other than A areas) Vidharbha, Marthwada, North
Maharashtra and districts of Raigad, Ratnagiri and Sindhudurg in Konkan
• To the extent of € 0.006 (INR 0.5) per unit consumed in other areas except A
22© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
Package Scheme of Incentives
Process to apply for and avail PSI benefits
Apply for Eligibility Certificate
Issue of Eligibility Certificate
Submit Incentive Claim
Sanction of Claim
Disbursement of Claim
Cla
im a
nd
Dis
bu
rse
men
t o
f In
cen
tive
sA
pp
licat
ion
fo
r In
cen
tive
s
Single Point of Contact
Development Commissioner
(Industries)didci@maharashtra.gov.in
+91-022-22023584
Submit application form on or before the date of commencement of commercial production along with Company registration certificate, Environment Clearance, Water connection sanction, VAT and CST registration, Audited balance sheet etc.
Eligibility certificate will be issued within 1 months after receiving all documents
Submit Incentive Claim application at the end of the financial year along with Auditor’s Certificate about VAT paid during the claim period, MVAT and CST returns filed for the claim period, Statutory sales-tax VAT auditor’s report, Details of employment for the project etc.
Claim will be sanctioned within 1 months post scrutiny
Once the Claim is sanctioned, it will be electronically disbursed to your account
Online Incentive Claim System will be available in next 2 months
23© 2015 KPMG International Cooperative (”KPMG International”), a Swiss entity. Member firms of the network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.
MIDC – Nodal Agency for All Investors
Largest water supply network in Asia
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MIDC’s Focus Areas
Industrial Estates
Specialized Infrastructure
Electricity
Water
CFCs
Projects
264 Industrial complexes
Approx. 84,000 hectares of land
Wine Parks
Silver Parks
Floriculture Park
Food Parks & Textile parks
32 IT Parks
9 SEZs
Dedicated feeders for industries to ensure uninterrupted power supply
13 Chemical Zones
25 CETPs
3 STPs
4 CHWTSDF
DMIC
SUPA – Japanese Investment Zone
Key Activities
Function as special planning authority
Link between Govt. and Industry
Acquisition and disposal of land
Providing support Infrastructure
One-stop for Investors Relations
A dynamic web-portal to monitor application status
Strong network of local authorities
Knowledge Partner
Maharashtra Industrial Development CorporationUdyog Sarathi, Mahakali caves road, Andheri (E), Mumbai – 400 093Board Number: 91-22-26870027/52/54/73 | Fax: 91-22-26871587Email: ceo@midcindia.org | Website: www.midcindia.org