Eligible units / Eligibility
Micro, Small and Medium Enterprises (MSME)

• Micro Enterprises are those that have a fixed capital investment of less than or equal to INR 1 crore.
• Small Enterprises are those that have a fixed capital investment of more than INR 1 crore and less than or equal to INR 10 crore
• Medium Enterprises are those that have a fixed capital investment of more than INR 10 crore and less than or equal to INR 50 crore.

Mega Industries

• Investment in Plant & Machinery of at least INR 2,500 crore and provides direct employment to at least 2,500 persons

Large industries

• Investment in Plant & Machinery of more than INR 50 crore

Incentives
Capital Investment Subsidy to Micro enterprises

• Category 1 Taluka: 25% of term loan amount up to INR 35 lakhs
• Category 2 Taluka: 20% of term loan amount up to INR 30 lakhs
• Category 3 Taluka: 10% of term loan amount up to INR 10 lakhs

Interest Subsidy

• Category 1 Taluka: Interest subsidy @ 7% on term loan up to INR 35 lakhs per annum for a period of 7 years
• Category 2 Taluka: Interest subsidy @ 6% on term loan up to INR 30 lakhs per annum for a period of 6 years
• Category 3 Taluka: Interest subsidy @ 5% on term loan up to INR 25 lakhs per annum for a period of 5 years

Net SGST reimbursement to MSMEs

• Category 1 Taluka: 100% of net SGST for 10 years up to 7.5% of eligible Fixed Capital Investment per annum
• Category 2 Taluka: 90% of net SGST for 10 years up to 6.5% of eligible Fixed Capital Investment per annum.
• Category 3 Taluka: 80% of net SGST for 10 years up to 5% of eligible Fixed Capital Investment per annum

EPF reimbursement to MSMEs

• MSMEs shall be able to claim reimbursement of employer’s contribution under Employees’ Provident Fund (EPF) made by them for their new employees working in Gujarat for a period of 10 years from Date of Commencement of Operations

Interest subsidy for Large Industries under General Sector

• Category 1 Taluka: Interest subsidy @ 7% on term loan for 10 years up to 1% of eligible Fixed Capital Investment
• Category 2 Taluka: Interest subsidy @ 7% on term loan for 8 years up to 1% of eligible Fixed Capital Investment
• Category 3 Taluka: Interest subsidy @ 7% on term loan for 6 years up to 1% of eligible Fixed Capital Investment

Interest subsidy for Large Industries under Thrust Sector

• Category 1 Taluka: Interest subsidy @ 7% on term loan for 10 years up to 1.2% of eligible Fixed Capital Investment
• Category 2 Taluka: Interest subsidy @ 7% on term loan for 10 years up to 1% of eligible Fixed Capital Investment
• Category 3 Taluka: Interest subsidy @ 7% on term loan for 8 years up to 1% of eligible Fixed Capital Investment

Net SGST reimbursement to Large Industries for General Sector

• Category 1 Taluka: 100% of net SGST for 10 years up to 7.5% of eligible Fixed Capital Investment per annum
• Category 2 Taluka: 90% of net SGST for 10 years up to 6.5% of eligible Fixed Capital Investment per annum.
• Category 3 Taluka: 80% of net SGST for 10 years up to 5% of eligible Fixed Capital Investment per annum

Net SGST reimbursement to Large Industries for Thrust Sector

• Category 1 Taluka: 100% of net SGST for 10 years up to 8% of eligible Fixed Capital Investment per annum
• Category 2 Taluka: 90% of net SGST for 10 years up to 7% of eligible Fixed Capital Investment per annum
• Category 3 Taluka: 80% of net SGST for 10 years up to 5.5% of eligible Fixed Capital Investment per annum

Interest subsidy to Mega Industries

• 7% on term loan up to 1.2% of Eligible Fixed Capital Investment per annum for 10 years

Net SGST reimbursement to Mega Industries

• 100% of net SGST up to 0.9% of eligible Fixed Capital Investment for 20 years

Reimbursement of SGST on Capital Goods to Mega Industries

• 100% reimbursement of input SGST to the extent input tax credit is admissible under Gujarat GST Act 2017

EPF reimbursement to Mega Industries

• Reimbursement of employer’s contribution under Employees’ Provident Fund (EPF) made by them for their new employees working in Gujarat for a period of 10 years from Date of Commencement of Operations

Reimbursement of Stamp Duty and registration fees

• 100% reimbursement of stamp duty and registration fees as well as exemption from Electricity Duty as applicable under Gujarat Electricity Act 2003.

For complete policy document, please scan:- https://ic.gujarat.gov.in/documents/aatmanirbhar-gujarat/index.html