IPSSRSD

Investment Promotion Scheme (IPS): Scheme For Reimbursement Of Stamp Duty

Under the Investment Promotion Scheme (IPS), the Scheme for Reimbursement of Stamp Duty provides financial incentives to new manufacturing or service units, as well as existing units expanding or diversifying, located in Dadra and Nagar Haveli & Daman and Diu. Eligible units can receive up to 100% reimbursement on stamp duty, depending on their classification and location, with specific conditions for infrastructure development.

State Cash

States / UT: Dadra & Nagar Haveli and Daman & Diu

Nodal department: Department of Industries

Scheme for: Individual

Scheme profile

DBT (direct benefit transfer): No

Scheme open date: 2015-07-03

Categories: Business & Entrepreneurship

Sub-categories: Setting up / start-up / entrepreneurship

Target beneficiaries: Business Entity, Industries

Tags: Stamp Duty, MSMEs, Incentives, Entrepreneurship, Subsidy, Reimbursement, IPS

Details

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
  • 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

  1. Should be a New Manufacturing/ Service units or Existing Manufacturing/ Service units which undertakes Expansion/ Diversification in MSME sector.
  2. The unit should have commenced the commercial production between 20.05.2022 to 19.05.2027.
  3. Unit should be located in the U.T. of Dadra and Nagar Haveli & Daman and Diu.

Exclusions

  • An Industrial unit that has availed similar incentive, shall not be eligible for the incentive under this Scheme.

Application Process

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

Documents Required

No document list is available for this scheme yet.

References

Apply

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Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status