Sarkari Yojana

Banglashree for Micro, Small and Medium Enterprises: Subsidy for State Goods and Services Tax (SGST)

West Bengal
Quick Summary: New manufacturing MSMEs in West Bengal can get back 30% (Zones B, C) or 50% (Zones D, E) of the net SGST they pay for 8 years under Banglashree, up to 75% of fixed capital investment.

About Banglashree for Micro, Small and Medium Enterprises: Subsidy for State Goods and Services Tax (SGST)

One of the sub-schemes of the “Banglashree for Micro, Small and Medium Enterprises” programme is the “Subsidy for State Goods and Services Tax (SGST)”. Introduced on 1st April 2020 by the Department of Micro, Small and Medium Enterprises and Textiles, Government of West Bengal, it will stay in effect until 31st March 2025. > Objectives of the “Banglashree for MSME” Scheme:

The scheme’s fiscal incentives are designed to encourage entrepreneurs to set up Micro, Small and Medium Enterprises, promote balanced MSME development across all regions of the State, and build a sustainable MSME ecosystem that maximises resource use, creates new jobs and extends operations, so the State becomes India’s MSME leader. Objectives of the “Subsidy for State Goods and Services Tax (SGST)” Scheme: With this incentive, an eligible micro, small and medium enterprise can get a refund, for its approved project, of the net State Goods and Services Tax (SGST) it has paid to the Government of West Bengal.

Scheme Overview

Government Level

State Government

Eligible Entity

Business Entity

Launch / Open Date

01 Apr 2020

Scheme Details

Eligibility

Eligibility Requirements

To qualify for Banglashree for Micro, Small and Medium Enterprises: Subsidy for State Goods and Services Tax (SGST), applicants must satisfy the following conditions:

✅

The entity is a Micro/ Small/ Medium Enterprise

The entity is a Micro/ Small/ Medium Enterprise.

✅

The entity works in the manufacturing sector

The entity works in the manufacturing sector.

✅

The entity started production on or after 1st…

The entity started production on or after 1st April 2019.

✅

The entity is a private sector/ cooperative sector/…

The entity is a private sector/ cooperative sector/ joint sector undertaking, or a company/ undertaking owned and managed by the State Government or the Industrial SHGs.

✅

The entity's Date of Commencement of Commercial Production…

The entity's Date of Commencement of Commercial Production (DOCCP) is between 1st April 2020 to 31st March 2025.

Applicants must meet all of the above conditions to be considered eligible for this scheme.
Benefits

Benefits Provided

Banglashree for Micro, Small and Medium Enterprises: Subsidy for State Goods and Services Tax (SGST) provides the following benefits to eligible applicants:

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Pattern Of Assistance

Pattern Of Assistance: For 8 years from the start of commercial production, an eligible micro, small and medium enterprise can claim, for its approved project, a refund of net SGST paid to the Government of West Bengal at these rates:

💰

Zone B and C:

30% of Net SGST refunded. Zone D and E: 50% of Net SGST refunded. Note: Total SGST refunds cannot be more than 75% of the fixed capital investment.

Benefit amounts and conditions may vary by category — refer to the official scheme guidelines for exact figures applicable to your case.
Documents Required

Documents Required

Applicants should keep the following documents ready before starting the application:

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Photocopy of the Memorandum of Association and Articles…

Photocopy of the Memorandum of Association and Articles of Association authenticated by the Registrar of Companies, or the partnership deed, as the case may be.

✅

Names and addresses of the Directors / Partners…

Names and addresses of the Directors / Partners / Owners, or Cooperative / Self Help Group Members, set out in a statement as applicable.

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Photocopy of the project report that has been…

Photocopy of the project report that has been approved.

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Photocopies of loan sanction and disbursal letters issued…

Photocopies of loan sanction and disbursal letters issued by banks / financial institutions.

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Photocopies of audited balance sheets for the last…

Photocopies of audited balance sheets for the last 2 years, as applicable.

✅

List of plant and machinery with original values,…

List of plant and machinery with original values, plus copies of the related bills and money receipts.

✅

As applicable, a statement of existing West Bengal…

As applicable, a statement of existing West Bengal manufacturing with items, annual approved capacity, and output over the last three years (quantity and value in Rs. Lakh).

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Photocopy of the land deed, as applicable; for…

Photocopy of the land deed, as applicable; for rented /leasehold land / buildings, a copy of the rent agreement and receipt or lease agreement.

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Photocopy of the land/ building mutation & conversion…

Photocopy of the land/ building mutation & conversion certificate.

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Photocopy of a valid consent to operate certificate…

Photocopy of a valid consent to operate certificate granted by the WBPCB.

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Photocopies of SGST-related records

Photocopies of SGST-related records.

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Photocopy of the trade licence

Photocopy of the trade licence.

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Photocopy of the first electricity bill, as applicable

Photocopy of the first electricity bill, as applicable.

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Photocopy of the Udyog Aadhaar Registration acknowledgement

Photocopy of the Udyog Aadhaar Registration acknowledgement.

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Photocopy of the SC / ST certificate, as…

Photocopy of the SC / ST certificate, as applicable.

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Photocopies of other statutory licences/certificates, if required

Photocopies of other statutory licences/certificates, if required.

✅

A self declaration in accordance with para 7.1(vi)…

A self declaration in accordance with para 7.1(vi) of the Scheme .

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The land schedule

The land schedule.

✅

Copy of the receipt for the SGST application…

Copy of the receipt for the SGST application made to the Commissioner, Commercial Tax , West Bengal.

Ensure all documents are valid and, where required, duly attested before submitting your application.
Important Dates

2020-04-01

How to Apply

Online Application

Applicants can apply for Banglashree for Micro, Small and Medium Enterprises: Subsidy for State Goods and Services Tax (SGST) through the online application process outlined below.

Registration Process:

1️⃣

Access the Shilpasathi Portal and choose ‘Apply Online’…

Access the Shilpasathi Portal and choose ‘Apply Online’ on Silpasathi. For new registration, choose ‘Create New’ on the subsequent screen.

2️⃣

Mark the Applicant Type (Industry /Business /Commercial /Charitable…

Mark the Applicant Type (Industry /Business /Commercial /Charitable Society/ Govt. entity) and provide the Registration Number.

3️⃣

Complete the mandatory fields on the ‘User Registration’…

Complete the mandatory fields on the ‘User Registration’ page and choose ‘Register’. Application Process:

1️⃣

Access the Shilpasathi Portal and choose ‘Apply Online’…

Access the Shilpasathi Portal and choose ‘Apply Online’ on Silpasathi.

2️⃣

Log in using a username & password or…

Log in using a username & password or an OTP received on your registered mobile number.

3️⃣

The user dashboard is displayed; choose ‘ALL SERVICES’,…

The user dashboard is displayed; choose ‘ALL SERVICES’, then 'MSME Incentive' from the services shown.

4️⃣

Choose ‘Create CAF’, which creates your CAF ID,…

Choose ‘Create CAF’, which creates your CAF ID, and then ‘Apply Online’ to move on.

5️⃣

Fill the "eligibility form" and choose “Save and…

Fill the "eligibility form" and choose “Save and Continue” to reach the common application form (CAF).

6️⃣

Supply every mandatory field in the CAF and…

Supply every mandatory field in the CAF and choose “Update and Continue” to preview.

7️⃣

When the form is submitted, the “Dashboard” comes…

When the form is submitted, the “Dashboard” comes up to show the application status.

8️⃣

Resume from the Dashboard with “Click to Proceed”…

Resume from the Dashboard with “Click to Proceed” and finish by choosing “Save” to retain the changes.

9️⃣

Choose "Preview" to go over the form before…

Choose "Preview" to go over the form before submitting it finally.

🔟

Next, choose "Go to Application" to fill in…

Next, choose "Go to Application" to fill in the "Online Form - A" application.

1️⃣

The "APPLY SUBSIDY" section then shows the year-wise…

The "APPLY SUBSIDY" section then shows the year-wise subsidy items of your application for checking; choose "SAVE" when complete.

2️⃣

The "FILL UP SUBSIDY" tab follows, where you…

The "FILL UP SUBSIDY" tab follows, where you enter year-wise subsidy details and choose "Add More" to see a multi-year or year-wise breakup.

3️⃣

Upload the needed documents, review the details, choose…

Upload the needed documents, review the details, choose “VERIFY & SUBMIT”, tick the declaration box and choose “Submit Application”.

4️⃣

With final submission of Form-A, an application reference…

With final submission of Form-A, an application reference number is generated; use it to monitor the application's status. Date of submission of first application: Within 12 months after the DOCCP, or 12 months after the Banglashree notification date, whichever is later.

Helpdesk: : Protiti, 23, Abanindranath Tagore Sarani (Camac Street), Kolkata - 700017, West Bengal, India; Phone: +91 33 2255 3700; Fax: +91 33 2255 3737; Email: silpa.sathi@wbidc.com. Technical queries or serious issues while applying can be sent by email to the Quick Response Team: qrt.silpasathiwb@gmail.com Silpa Sathi Single Window Cell - Helpline Number (Toll-free): 1800-345-5562

Exclusions / Who Is Not Eligible

> ***Enterprises Excluded from this Scheme:***

- Enterprises registered and for which eligibility certificates have been issued /incentives have been sanctioned and/ or disbursed under the respective Incentive Scheme of the State.
- Enterprises registered and for which eligibility certificates have been issued in terms of the respective Incentive Scheme of the State but no sanction or disbursement of incentive has been made.
- Enterprises commenced production before 01.04.2019 and applied for incentive under the respective Incentive Scheme of the State within the stipulated date.

> ***Negative List Of Industries:***

1. Sponge Iron Factory.
1. Bricks (Excluding Fly Ash bricks, Sand lime Bricks, Refractory Bricks).
1. Any other industry notified by the State Govt. for inclusion in this list.

> ***Items excluded while calculating the investment made in Plant & Machinery:***

- Equipment such as tools, jigs, dies, moulds and spare parts for maintenance and the cost of consumable stores.
- Installation of Plant and Machinery.
- Research and development equipment and pollution control equipment.
- Power generation set and extra transformer installed by the enterprise as per the regulations of the State Electricity Board.
- Bank charges and service charges paid to the National Small Industries Corporations or the State Small Industries Corporations.
- Procurement or installation of cables, wiring, bus bars, electrical control panels (not mounted on individual machines), oil circuit breakers or miniature circuit breakers which are necessarily to be used for providing electrical power to the Plant and Machinery or for safety measures.
- Gas producer plant.
- Transportation charges for indigenous machinery from the place of their manufacture to the site of the enterprise.
- Charges paid for technical know-how for the erection of the Plant and Machinery.
- Such storage tanks which store raw materials and finished products only and are not linked to the manufacturing process.
- Fire fighting equipment.

**NOTE:** The cost of any second-hand plant and machinery purchased and installed for implementation of the project will be excluded in the calculation of the cost of the plant and machinery.

Official Application & Website

Verify the latest eligibility, dates and instructions before applying.

Official Sources & References