Sarkari Yojana
Land/Built-Up Area Rebate Scheme
About Land/Built-Up Area Rebate Scheme
The Department of Information Technology, Government of Goa, introduced the “Land/Built-Up Area Rebate Scheme” in 2018 as part of its “Information Technology Policy Schemes”. It offers a Land / Built-up Area Rebate to the IT Industry in Goa, and every New and Existing Unit operating in Goa can apply. The rebate is given one time, either on buying Land to create IT Office Space or on buying Built-Up office space for IT operations.
Scheme Overview
State Government
Business Entity
Scheme Details
Eligibility Requirements
To qualify for Land/Built-Up Area Rebate Scheme, applicants must satisfy the following conditions:
Operations of all New and Existing Units have…
Operations of all New and Existing Units have to be located in Goa.
Applicants must fall under one of these categories
Applicants must fall under one of these categories:
A Proprietorship Firm
A Private Limited Company incorporated under the Companies Act, 2013 (or equivalent)
A Public Limited Company incorporated under the Companies Act, 2013 (or equivalent)
A Registered Partnership Firm incorporated under the Indian Partnership Act, 1932 (or equivalent)
A Limited Liability Partnership incorporated under the Limited Liability Partnership Act, 2008 (or equivalent)
Aadhaar must be linked to the bank accounts…
Aadhaar must be linked to the bank accounts of the unit and/or its partner(s)/director(s).
Benefits are available to the unit only after…
Benefits are available to the unit only after it produces its Udyog Aadhaar.
The rebate on land/built-up area can be claimed…
The rebate on land/built-up area can be claimed only after the unit has run from that office space for more than one year.
Employees must have been on the company's rolls…
Employees must have been on the company's rolls for at least one year.
The incentive can be claimed only once the…
The incentive can be claimed only once the unit meets the investment and employment targets set out in its business plan.
Benefits Provided
Land/Built-Up Area Rebate Scheme provides the following benefits to eligible applicants:
Purchase of Land for creating IT Office Space:
The unit gets a one-time rebate of ₹40,000 for each male employee (₹50,000 for each female employee), up to 60% of the land cost as fixed by the Consideration Amount (value as defined in the Stamp Registration/ Sale Deed).
Purchase of Built-Up office space for IT operations:
Up to 20% of the space cost, as fixed by the Consideration Amount (value as defined in the Stamp Registration/ Sale Deed), is given as a one-time rebate. NOTE 1: The rebate is capped at ₹1,50,00,000 for land purchases and at ₹1,00,00,000 for Built up space purchases. NOTE 2: Only one of the above rebate options can be availed by a Unit. To qualify, Units must provide direct employment in proportion to the built-up space created, at up to 80 sq ft per employee, and direct employees must have been on the unit's rolls for at least 12 months.
The share of incentives under clauses 2.1 and…
The share of incentives under clauses 2.1 and 2.2 above is released pro-rata according to how many employees are of Goan origin or Goan Graduates:
Where such employees are up to 30% of those on the company's rolls, 50% is paid
Where they make up 30% to 60% of employees on the rolls, 75% is paid
Where they exceed 60% of employees on the company's rolls, 100% is paid.
Existing Units may claim rebates on transactions carried…
Existing Units may claim rebates on transactions carried out up to 3 years before the policy was notified.
New Units can claim the rebate on transactions…
New Units can claim the rebate on transactions after the policy's notification, and prescribed guarantees will be obtained from the project's sponsors for the rebate. NOTE: Benefits depend on budgetary allocation. If benefits are stopped because the allocation is exhausted, no Promissory Estoppel will apply.
Documents Required
Applicants should keep the following documents ready before starting the application:
Documents Required for Claiming the Rebate
Incorporation Certificate (copy)
Incorporation Certificate (copy).
Registration document/certificate of the new unit (copy)
Registration document/certificate of the new unit (copy).
PAN, Aadhaar, and GST TIN (copies)
PAN, Aadhaar, and GST TIN (copies).
Memorandum and Articles of Association
Memorandum and Articles of Association.
The first bill raised, showing when operations began,…
The first bill raised, showing when operations began, or another relevant document (copy).
Occupancy certificate for the office space, issued by…
Occupancy certificate for the office space, issued by the developer/local authority.
3-year business plan / detailed project report (DPR)…
3-year business plan / detailed project report (DPR) stating projected investment and employment targets, which will be used in evaluating payment of later installments of the subsidy.
Employee details along with the percentage of Goan-origin…
Employee details along with the percentage of Goan-origin employees.
Evidence of employment for staff on the rolls…
Evidence of employment for staff on the rolls for over 12 months (PF contribution copy, salary slip or other relevant document). For Land Rebate
Sale deed or another document proving ownership of…
Sale deed or another document proving ownership of the land bought. For Built-up Rebate
Sale deed or another document proving ownership of…
Sale deed or another document proving ownership of the built-up office space bought. Common Documents
Nil encumbrance certificate covering the property
Nil encumbrance certificate covering the property.
A bank guarantee equal to the amount claimed
A bank guarantee equal to the amount claimed. Documents Required to Be Uploaded With the Application For Land Rebate
Sale deed of the land bought
Sale deed of the land bought. For Built-Up Rebate
Sale deed of the Built-Up office space bought
Sale deed of the Built-Up office space bought. Common Documents
3-year business plan/ detailed project report (DPR) showing…
3-year business plan/ detailed project report (DPR) showing projected investment and employment targets, to be used when evaluating payment of later installments of the subsidy.
Nil encumbrance certificate for the property concerned
Nil encumbrance certificate for the property concerned.
Bank guarantee matching the claim amount
Bank guarantee matching the claim amount.
How to Apply
Online Application
Applicants can apply for Land/Built-Up Area Rebate Scheme through the online application process outlined below.
Open the Goa Online Official Web Portal and…
Open the Goa Online Official Web Portal and choose "Register" in the top right corner.
Confirm your Email ID and Mobile Number through…
Confirm your Email ID and Mobile Number through OTP on the following page, after which the Registration Page opens.
Complete all mandatory fields on the Registration Page…
Complete all mandatory fields on the Registration Page and set up a Login Name with a strong Password. Read the Declaration and Terms & Conditions carefully and tick the checkboxes. Type the Captcha Code and click "Register/Signup".
Sign in with your Login Name and Password,…
Sign in with your Login Name and Password, enter the Captcha Code, and press "Login".
From the top ribbon, choose "Services" and then…
From the top ribbon, choose "Services" and then "IT Services". Selecting the scheme name opens its application form; complete the mandatory fields and upload the mandatory documents.
Submit the form, and keep a note of…
Submit the form, and keep a note of the unique registration number generated for future reference.
NOTE: Applications can be made on a quarterly/bi-annually/annual basis once the relevant expenditure has been incurred.
Disbursement Timeline
Incentive Application Receipt: D
Checklist-based scrutiny of the application: D+30days
Approval by the Empowered Committee: D+60 days
Sanction Orders/Regret Letter issued and Disbursement made: D+90 days
NOTE 1: Companies are reimbursed the rebate in three tranches, counted from the Commercial Operation Date or the policy notification date, whichever comes later.
NOTE 2: At the close of each installment period, units are evaluated to confirm eligibility for the following installment.
Exclusions / Who Is Not Eligible
The Units availing similar financial incentives under any other policy of the Government of Goa are not eligible.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.