Industrial Promotion Subsidy (IPS) under Package Scheme of Incentives 2019
Industrial Promotion Subsidy linked to 100% Gross SGST payable by the unit on first sale of eligible products within Maharashtra, subject to a ceiling as a percentage of Fixed Capital Investment (FCI) based on taluka classification: B 30%, C 40%, D 50%, D+ 60%, Vidarbha/Marathwada/special areas 80%, No-Industry/Naxal/Aspirational districts 100%, over 7-10 years.
Eligibility
- New Micro, Small & Medium manufacturing enterprises and eligible expansions/diversifications
- Units with Fixed Capital Investment up to Rs 50 crore treated as MSME under PSI 2019
- Ceiling and eligibility period depend on taluka classification (B/C/D/D+/etc.)
How to apply
Apply online through the MAITRI single-window portal (maitri.mahaonline.gov.in) / Directorate of Industries; obtain Eligibility Certificate and claim IPS against SGST paid on first sale of eligible products within Maharashtra.
Required documents
- Udyam registration
- Eligibility Certificate from Directorate of Industries/DIC
- Proof of Fixed Capital Investment
- SGST returns / first-sale invoices of eligible products
Official sources
Verification notes
Package Scheme of Incentives (PSI) 2019, operative 1 Apr 2019-31 Mar 2024 or until successor policy. FCI-ceiling percentages and 7-10 year periods per taluka category to be reconfirmed against the latest GR; verify if PSI 2019 has been extended/superseded. [AI-gathered from official sources on 2026-07-05; needs team review]