AGMSMECSGST

The "Aatmanirbhar Gujarat Scheme for assistance to MSMEs" aims to empower the state's dynamic MSME sector, which significantly contributes to employment, GDP, and exports.

The "Aatmanirbhar Gujarat Scheme for MSMEs" is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state's dynamic MSME sector, which significantly contributes to employment, GDP, and exports. Effective from October 5, 2022, to October 4, 2027, this initiative supports growth, investments, and the vision of "Aatmanirbhar Gujarat" and "Aatmanirbhar Bharat."

The component "Net SGST reimbursement to Micro, Small and Medium Manufacturing Enterprise (MSMEs)" provides reimbursement of net SGST based on the taluka category of the project.

• The firm must be a Micro/Small/Medium enterprise.
• The enterprise must have obtained acknowledgment or registration from the Ministry of MSME or the Department for Promotion of Industry and Internal Trade (DPIIT), as applicable.
• New manufacturing enterprises or existing ones undertaking expansion or diversification are eligible.
• The enterprise must commence commercial production during the scheme's operative period.
• The subsidy is based on the lower of the Gross Fixed Capital Investment (GFCI) or the cost appraised by a bank or financial institution.
• Enterprises must obtain separate GST registration for manufacturing eligible products.
• Separate books of accounts are required for each manufacturing unit, certified by a Chartered Accountant.
• Incentives are only for goods manufactured in the eligible enterprise's premises, not for resold goods.
• Compliance with all reporting and reimbursement requirements is mandatory.

Category of Taluka Quantum of Incentive Category 1100% of net SGST for 10 years upto 7.5% of eFCl p.a. Category 2 90% of net SGST for 10 years upto 6.5% of eFCl p.a. Category 3 & Municipal Corporation Areas80% of net SGST for 10 years upto 5% of eFCI p.a.

> Note: The period of 10 years shall be from the date of commencement of commercial production.

• Enterprises that have already availed incentives for the same GFCI under any state government scheme are ineligible unless specifically allowed.
• Enterprises engaging in resale of goods are ineligible.
• Enterprises showing inter-State sales as intra-State sales to claim higher incentives are disqualified and liable for repayment with interest.
• Failure to submit certified details of reimbursement claims will render the enterprise ineligible.

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