Investment Promotion Scheme (IPS): Scheme For Reimbursement Of Stamp Duty
“Scheme For Reimbursement Of Stamp Duty'' under the “Investment Promotion Scheme (IPS)”, implemented by the Dept. of Industries, U.T. Administration Of DNH & DD, aims to provide reimbursement on Stamp duty to the new units as well as the units undertaking expansion/ diversification.
About the Investment Promotion Scheme (IPS): Scheme For Reimbursement Of Stamp Duty Scheme
The scheme “Scheme For Reimbursement Of Stamp Duty” is a sub scheme under the “Investment Promotion Scheme (IPS)”. It was launched on 3rd July, 2015 for a period of five years by the Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu. Now it has been extended further from 20th May, 2022 and shall be operative till 19th May, 2027.
Objective of the "Investment Promotion Scheme (IPS)”:
The scheme envisages to provide incentives and assistance to the MSME Sector in order to nurture them and protect them from market vagaries thereby making them vibrant and successful, therefore making the U.T. a Special Hub for the MSME sector; maximize Women participation in the business sector, reduce unemployment among the local residents and incentivize the industries to employ resident laborers etc.
Objective of the "Scheme For Reimbursement Of Stamp Duty" Sub-scheme:
Under this scheme, New Units as well as the units undertaking Expansion/ Diversification will be reimbursed payment of Stamp duty during the operative period of the Scheme for acquiring land.
Benefits
- For MSME sector: 50% reimbursement. - For units other than MSMEs: 25% reimbursement. - For Thrust Sectors: 100% reimbursement. - For Industrial units located in the Industrial Parks: 50% reimbursement.
Note: Reimbursement of Stamp duty will be made only after purchase of total required land and development of at least 25% of the infrastructure as required by the institutions developing the Industrial parks.
Eligibility Criteria
- Should be a New Manufacturing/ Service units or Existing Manufacturing/ Service units which undertakes Expansion/ Diversification in MSME sector.
- The unit should have commenced the commercial production between 20.05.2022 to 19.05.2027.
- Unit should be located in the U.T. of Dadra and Nagar Haveli & Daman and Diu.
How to Apply for Investment Promotion Scheme (IPS): Scheme For Reimbursement Of Stamp Duty
Application mode: Online
> Registration Process:
Step 1: Visit the Registration page of the Official Website.
Step 2: Provide the information in the respective input spaces and click on “Register”.
Step 3: Verify your email address using the verification link sent on your email (If Mail is Not Received Your Inbox. Please Check the Spam).
Step 4: Click the Link/URL in the received email or Paste Link/URL in browser's address bar to complete your Account Verification.
Step 5: Now enter “111111” as OTP to verify your mobile number. Mobile Number and Pin Successfully will be sent to the registered Email Address.
Step 6: On successful registration the login credentials will be received in the registered email.
> Application Process:
Step 1: Visit the user Login page of the Official Website.
Step 2: Enter registered Mobile Number along with PIN sent on your email then click “Log In”.
Step 3: On successful Log In, from the left side menu bar click on “Departments & Services” tab.
Step 4: Scroll down to “District Industries Centre DD & DNH” and click on the “Click Here” button to apply for “Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027)”.
Step 5: “Common Application Form” will be open. Enter all the details in required input fields and upload all the mandatory documents.
Step 6: After successful entry of the information, verify all the details and click on the “Submit” button to complete the application process.
> Helpdesk:
District Industries Centre,
Contact No.: 0260-2260871 / 0260-2260310
E-mail Address: dic-dd@nic.in
For Technical Assistance on Single Window Portal (i.e. https://investdd.in) Contact No. : 0260-2231885 / 2231886 E-Mail : ddegs-dd@nic.in
Exclusions
- An Industrial unit that has availed similar incentive, shall not be eligible for the incentive under this Scheme.
Frequently Asked Questions
What is the Investment Promotion Scheme (IPS): Scheme For Reimbursement Of Stamp Duty scheme?
The scheme “Scheme For Reimbursement Of Stamp Duty” is a sub scheme under the “Investment Promotion Scheme (IPS)”. It was launched on 3rd July, 2015 for a period of five years by the Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu…
Who is eligible for Investment Promotion Scheme (IPS): Scheme For Reimbursement Of Stamp Duty?
Should be a New Manufacturing/ Service units or Existing Manufacturing/ Service units which undertakes Expansion/ Diversification in MSME sector. The unit should have commenced the commercial production between 20.05.2022 to 19.05.2027. Unit should be located in the U.T. of Dadra and Nagar Haveli &…
What benefits does Investment Promotion Scheme (IPS): Scheme For Reimbursement Of Stamp Duty provide?
For MSME sector: 50% reimbursement. - For units other than MSMEs: 25% reimbursement. - For Thrust Sectors: 100% reimbursement. - For Industrial units located in the Industrial Parks: 50% reimbursement. Note: Reimbursement of Stamp duty will be made only after purchase of total required land and dev…
How can I apply for Investment Promotion Scheme (IPS): Scheme For Reimbursement Of Stamp Duty?
> Registration Process: Step 1: Visit the Registration page of the Official Website. Step 2: Provide the information in the respective input spaces and click on “Register”. Step 3: Verify your email address using the verification link sent on your email (If Mail is Not Received Your Inbox. Pleas…
Source: official scheme details published on the Government of India's myScheme portal. Always verify eligibility and deadlines on the official portal before applying. Scheme rules can change.
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