StatePunjab (State) Verified 2026-07-05

Punjab IBDP 2022 Investment Subsidy (Net SGST reimbursement)

Investment subsidy by way of reimbursement of 100% of net SGST on intra-State sale for 7 years from the date of commercial production, capped at 100% of Fixed Capital Investment (FCI).

Eligibility

MSME unit with Udyam Registration
New unit commencing commercial production within policy period
Making eligible intra-State sales

How to apply

Apply online via the Invest Punjab Business First portal; GMDIC processes claim and reimbursement of net SGST is made online.

Required documents

Udyam Registration
GST/SGST registration and returns
Proof of FCI
Commercial production certificate

Official sources

Punjab Industrial and Business Development Policy 2022 (official) ↗

Verification notes

Clause 12.8 (Fiscal incentives for MSME units) of Punjab IBDP 2022. Figures (100% net SGST, 7 years, 100% FCI cap) verified in policy text. [AI-gathered from official sources on 2026-07-05; needs team review]