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TMI BlogCENTRAL CAPITAL INVESTMENT SUBSIDY SCHEME, 2012X X X X Extracts X X X X X X X X Extracts X X X X ..... t of admissible subsidy : All new industrial units and existing industrial units on their substantial expansion , would be eligible for Capital Investment Subsidy @ 15% of investment of Plant Machinery, subject to a ceiling of Rs. 30 lakhs. Micro, Small and Medium enterprises would be eligible for Capital Investment Subsidy of 30% of the investment of plant machinery subject to a ceiling of Rs. 3.00 crore and Rs. 1.50 crore for manufacturing and service sector respectively. 6. Eligibility period:- The subsidy will be available for the duration of the scheme to such units which have pre-registered and commence commercial production/operation prior to 14-06-2017. The unit should file its claim as per prescribed procedure at District Industry Centre concerned within one year from date of commencement of commercial production/operation. 7. Definitions:- ( i ) 'New Industrial Unit' means an industrial unit which commences commercial production/operation on or after 15th June, 2012. ( ii ) 'Existing Industrial Unit' means an industrial unit which has commenced commercial production/operation before 15th June, 2012. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n made for procurement, would not be eligible for consideration of the subsidy. 11. A unit can avail subsidy only under a single scheme, either from the Central Government or from the State Government. A unit seeking subsidy should certify that it has not obtained or applied for subsidy for the same purpose or activity from any other Ministry or Department of the Government of India or State Government. 12. Designated agency for disbursement of subsidy Jammu Kashmir Development Finance Corporation (JKDFC) shall be the designated agency for disbursement of Capital Investment Subsidy on the basis of the recommendation of the State Government. JKDFC shall furnish the Utilization Certificate to Ministry of Commerce Industry, Department of Industrial Policy Promotion against the funds released for disbursement of subsidy to the eligible units. JKDFC shall release the subsidy to the eligible industrial unit through ECS and RTGS system only. 13. Procedure for claiming Capital Investment Subsidy The procedure for claiming subsidy under this scheme would be as follows:- ( i ) Industrial units eligible for subsidy under the scheme will get themse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... report of the Financial Institution would be taken into account while computing the value of Plant Machinery. 16. Rights of the Centre/State Government/Financial Institutions If the Central Government/State Government/financial Institutions concerned is satisfied that the subsidy or grant to an industrial unit has been obtained by misrepresenting an essential fact, furnishing of false information or if the unit goes out of commercial production/operation within 5 years after commencement, the unit would be liable to refund the grant or subsidy after being given an opportunity of being heard. 17. No owner of an industrial unit after receiving a part or the whole of the grant or subsidy will be allowed to change the location of the whole or any part of industrial unit or effect any substantial contraction or disposal of a substantial part of its total fixed capital investment within a period of 5 years after its going into commercial production/operation without taking prior approval of the Ministry of Commerce Industry, Department of Industrial Policy and Promotion/State Government/Financial Institution concerned 18. 100% physical verification of the actual establ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Jammu Digiana Jammu Cantt. Gangyal Birpur Baribrahmna EPIP Kartholi Akhnoor 02. Samba Samba IGC Samba Phase-III 03. Udhampur Udhampur H D BattalBallian 04. Reasi Reasi (Gran) 05. Kathua Kathua Hiranagar Billawar IID Govindsar Ceramix Ind. Complex 06. Rajouri Kheora 07. Poonch Poonch 08. Kishtwar Sangrambata 09. Doda Dandi (Bhaderwah) New Industrial Estates (Under Development) in Kashmir Division. Sl. No. Name of District Name of Industrial Estate 01. Kathua Ghatti Govindsar Phase I-II DambraBillawar Hiranagar (ChakBulananda) 02. Rajouri ThandiPani ( Silk Cluster) Lamberi 03. Udhampur Majalta 04. Doda Beoli 05 Reasi Nimba 06. Poonch Surankote 07. Samba IGC Samba Phase-III ANNEXURE -II Thrust Industries included under J K Industrial Policy Sl.No. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uring activities. ii. Cost of Productive equipment such as tools, jigs, dyes and mouldsetc including taxes and duties and insurance premium. iii. Electrical components necessary for plant operation on the plant side from where meter is installed up to the point where finished goods is to be produced/dispatched (i.e. H.T. Motors, L.T. Motors, Switch Boards, Panels, Capacitors, Relay, Circuit Breakers, Panel Boards, Switchgears). iv. Freight charges paid for bringing Plant Machinery and equipment from the supplier's premises to the location of the unit. v. Transit Insurance premium paid. B. Components which will not be considered for computing the value of Plant and Machinery: i. Loading and unloading charges ii. Sheds/buildings for Plant Machinery. iii. Miscellaneous fixed assets such as DG sets, Excavation/Mining equipments, Handling equipments, electrical components other than those mentioned at A (iii) above. iv. Working Capital including Raw Material and oth ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... /Fuel grinding mill auxiliaries including weigh feeder below raw coal hopper, separator, bucket elevator, rotary air lock, air slides, bag house, bag house fan booster fan, belt conveyor screw conveyor, inertisation system etc. This also includes system for other fuel alternate fuel. E. Cement grinding section 1. Cement mill (Ball Mill/VRM/Roller Press Ball Mill) 2. Cement Mill auxiliaries like weigh feeder below hopper, separator, bucket elevator, rotary air lock, air slides, FK Pump, Fluxo Pump, solid flow meter, bag house, Bag house fan, conveyors, Material extraction gates below Silo/stockpile, Gypsum crusher, Pneumatic Handling system for Flyash/Mechanical handling system for slag etc. F. Packing Section 1. Packer its auxiliaries such as belt conveyor, belt diverter, bucket elevator, screen etc. 2. Truck loader Wagon loader (if applicable), Bulk Loading Packaging arrangement. G. Others 1. Blowers, Pumps, compressors etc. 2. Belt Coveyors (for all sections) 3. De-dust ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3. Intermediate stands (as above) 4. Finishing stands (as above) 5. Quenching system (for TMT) 6. Shears, Pinch Roll 7. Cooling Bed Systems 8. Crane 9. Workshop Machines (Lathe, Shapere, Drils, Grinders, Milling Machine, Templates, measuring equipments like screw gauge, vernier etc.) 10. Auxiliary equipments (included as Plant Machinery) 11. Electrical equipments (Current transformers, circuit breakers, panel boards, motors, reactors, Relay panels, switch gears, starters, digital meters, etc.) 12. Other material handling equipments (within the Rolling Mills furnace area for hot metal transfer) - (Conveyor which lead to mechanization/automation, chain pulley blocks etc.) 13. Water System equipments and towers- (Water settle tanks for removal of metallic contamination, oil, grease, etc., DM water plant, if any. Water pumping units, water cooling power/system etc. 14. Coal Pulverizer system including Pipeline fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... under adventure leisure sports etc. exclude additionalities such as conference room, auditorium etc. ANNEXURE -IV Composition of State Level Committee 1. Secretary, Department of Industry Commerce, J K Chairman 2. Director, Industries and Commerce, Kashmir Member Secretary* 3. Director, Industries and Commerce, Jammu Member 4 Director, Accounts and Treasuries Secretary* 5. MD, Jammu Kashmir Development Finance Corporation Member 6. Financial Advisor/CAO, I C Department Member 7. Nominee of DIPP Member 8. President, Federation Chamber of Industries, Kashmir Member 9. Chairman, Federation of Industries, Jammu Member *As applicable ANNEXURE -V Composition of Empowered Committee 1. Secretary, DIPP Chairman 2. Secretary, D/o Expenditure Member 3. Representative of Planning Commission Member 4. Secretary of Ministry administratively concerned with the industrial activ ..... X X X X Extracts X X X X X X X X Extracts X X X X
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