Sarkari Yojana
Investment Promotion Scheme (IPS) for MSME Sector: Reimbursement Of Free On Board (FOB) Expenses
About Investment Promotion Scheme (IPS) for MSME Sector: Reimbursement Of Free On Board (FOB) Expenses
“Reimbursement Of Free On Board (FOB) Expenses” is a sub scheme falling under the “Investment Promotion Scheme (IPS)” for MSME Sector. The Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu launched it on 3rd July, 2015 for a term of five years. It has since been extended from 20th May, 2022, and is to remain operative till 19th May, 2027. > Objective of the “Investment Promotion Scheme (IPS)”:
The scheme intends to give the MSME Sector incentives and assistance that nurture the units, keep market vagaries at bay and help them become vibrant and successful. It also aims at maximum Women participation in business, lower unemployment among local residents and incentives prompting industries to employ resident laborers etc. > Objective of the “Reimbursement Of Free On Board (FOB) Expenses” Sub-scheme:
Financial assistance is given under this sub-scheme by reimbursing part of the Free On Board(FOB) value on Export of Food/ Marine processed products.
Scheme Overview
State Government
Business Entity
03 Jul 2015
Scheme Details
Eligibility Requirements
To qualify for Investment Promotion Scheme (IPS) for MSME Sector: Reimbursement Of Free On Board (FOB) Expenses, applicants must satisfy the following conditions:
Applicants should be New Manufacturing/ Service units, or…
Applicants should be New Manufacturing/ Service units, or Existing Manufacturing/ Service units that are expanding or diversifying (Expansion/ Diversification) in the MSME sector.
Commercial production must have started in the window…
Commercial production must have started in the window between 20.05.2022 to 19.05.2027.
Units have to be situated in the U.T
Units have to be situated in the U.T. of Dadra and Nagar Haveli & Daman and Diu.
The enterprise has six months from 31st March…
The enterprise has six months from 31st March of the previous financial year to apply.
Benefits Provided
Investment Promotion Scheme (IPS) for MSME Sector: Reimbursement Of Free On Board (FOB) Expenses provides the following benefits to eligible applicants:
For 3 years, each beneficiary can recover…
For 3 years, each beneficiary can recover 20% of the Free On Board(FOB) value, subject to a ceiling of ₹20,00,000/- per year.
Documents Required
Applicants should keep the following documents ready before starting the application:
Document of Corporate Identification Number (CIN)
Document of Corporate Identification Number (CIN).
Document of Taxpayer Identification Number (TIN)
Document of Taxpayer Identification Number (TIN).
Document of Permanent Account Number (PAN)
Document of Permanent Account Number (PAN).*
Document of Goods and Services Tax Number (GST)
Document of Goods and Services Tax Number (GST).
Any document of Other Registrations
Any document of Other Registrations.
A copy of the Udyam Registration /Industrial Entrepreneur…
A copy of the Udyam Registration /Industrial Entrepreneur Memorandum, where applicable.
Partnership Deed and Firm Registration Certificate (copy) in…
Partnership Deed and Firm Registration Certificate (copy) in the case of a partnership concern; Memorandum & Articles of Association and Date of Incorporation Certificate (copy) in the case of Public/Private Limited companies.
Land purchase deed duly signed by the applicant,…
Land purchase deed duly signed by the applicant, in copy, where the Enterprise stands on its own land.
Registered lease agreement for a minimum of 5…
Registered lease agreement for a minimum of 5 years from the date of commencement of commercial production, in copy, where the Enterprise stands on leased land/ building.
Copy of the Electricity Department's sanction order for…
Copy of the Electricity Department's sanction order for power supply plus a copy of the latest bill.
Authorization letter
Authorization letter.
PCC, DNH & DD Consent to Operate /…
PCC, DNH & DD Consent to Operate / Renewal, as a copy (as applicable for Notification No. PCC/DMN/13(PART VI)/2020-21/448 DATED 25/01/2021).
Copy of the licence of the Factory
Copy of the licence of the Factory.
Undertaking
Undertaking.
2015-07-03
How to Apply
Online Application
Applicants can apply for Investment Promotion Scheme (IPS) for MSME Sector: Reimbursement Of Free On Board (FOB) Expenses through the online application process outlined below.
Registration Process :
Visit the Official Website and click through to…
Visit the Official Website and click through to the Registration page.
Enter the details in the relevant input spaces…
Enter the details in the relevant input spaces and press “Register”.
Verify your email address with the link that…
Verify your email address with the link that will be sent to you (If Mail is Not Received Your Inbox. Please Check the Spam).
Finish the Account Verification by clicking the emailed…
Finish the Account Verification by clicking the emailed Link/URL or pasting it in your browser's address bar.
Now verify your mobile number using “111111” as…
Now verify your mobile number using “111111” as the OTP, and the Mobile Number and Pin will be sent to your registered Email Address.
You will receive the login credentials in the…
You will receive the login credentials in the registered email after registration is successful. Application Process :
Open the Official Website's Login page for users
Open the Official Website's Login page for users.
Type the Mobile Number you registered along with…
Type the Mobile Number you registered along with the PIN from your email and click “Log In”.
On a successful Log In, select the “Departments…
On a successful Log In, select the “Departments & Services” tab from the left side menu.
Scroll down, locate “District Industries Centre DD &…
Scroll down, locate “District Industries Centre DD & DNH” and click “Click Here” to apply for “Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027)”.
When the “Common Application Form” opens, enter details…
When the “Common Application Form” opens, enter details in all required fields and upload all mandatory documents.
Make sure all details are right, then click…
Make sure all details are right, then click “Submit” to complete the application.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.