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ABSTRACT Industries – Subsidy to small, medium and large scale industries – Grant of subsidy to the eligible pipeline cases – Orders – Issued. INDUSTRIES (MIF.I) DEPARTMENT G.O.Ms.No.12 Read: 1. G.O.Ms.No.37, Small Industries Department, dt.20.7.2000. 2. G.O.Ms.No.32, Small Industries Department, dt.28.6.2002. 3. From the Managing Director, TIIC, Lr.No.TIIC / HO / DW / 03-04, dt.16.10.03. ----- ORDER: In the G.O. second read above, all earlier orders on subsidy were superceded and the matter of subsidy to cases in pipeline on the date of issue of the above G.O. was placed before the Standing Committee on Incentives for Industrial Promotion (SCIIP) in its meeting held on 24.2.2003. The Committee felt that the cases which were in pipeline on the date of issue of above GO need to be protected and hence it was decided to adopt for pipeline cases the norms issued to identify IFST pipeline cases while withdrawing of sales tax incentives to industrial units. As per the guidelines mentioned in G.O.Ms.No.12, CT Department, dated 23.1.2000 which relates to IFST pipeline cases, the pipeline cases relating to subsidy have to be processed with the following conditions: a) The unit should be registered with the industrial agency of the State / Central Government. b) Land should have been allotted or purchased for the factory. c) The industry should have applied for finances from a regular financial institution; and d) The industry should start production within two years from the date of issue of G.O.Ms.No.32, Small Industries Department, dt.28.6.2002 i.e., on or before 27.6.2004. 2. In the letter third read above, TIIC has requested the Government to issue orders to grant subsidies as per the orders in force at that time to the pipeline eligible small / medium / large scale industries which have commenced production prior to issue of G.O. second read above and as per the earlier G.O.Ms.No.37, Small Industries Department, dt.20.7.2000. 3. The Government after careful examination, direct that the capital subsidy / generator subsidy / LTPT subsidy / women workers subsidy / special capital subsidy applicable to leather / pharmaceutical / electronic industries may be sanctioned to the eligible small / medium / large scale industries in pipeline on the date of issue of G.O. second read above as per the orders in force at that time subject to the usual conditions and following pipeline conditions subsisting on 28.6.2002 :- a) The unit should be registered with the industrial agency of the State/Central Government. b) Land should have been allotted or purchased for the factory. c) The industry should have applied for finances from a regular financial institution; and d) The industry should start production within two years from the date of issue of G.O.Ms.No.32, Small Industries Department, dt.28.6.2002 i.e., on or before 27.6.2004. 4.This order issues with the concurrence of Finance Department vide its U.O.No. 93 / SS (AKG) / P / 04, dt.17.3.04. (By order of the Governor) ARUN
RAMANATHAN, To The Managing Director, Tamil Nadu Industrial Investment Corporation Limited, Chennai-35. The Industries Commissioner & Director of Industries and Commerce, Chepauk, Chennai-5. The Accountant General, Chennai-18. The Accountant General, Chennai-18.(by name) The Pay and Accounts Officer (E), Chennai-5. Copy to: Additional Director, Guidance, Chennai-8. Sr.P.A. to Minister (F & F), Chennai-9. Sr.P.A. to Minister (Industries), Chennai-9. Secretary to Government, Finance Department, Chennai-9. Secretary to Government, Small Industries Department, Chennai-9. Secretary to Government, Energy Department, Chennai-9. Industries (IT) Department, Chennai-9. (to host in Govt. website). Industries (OP.II) Department, Chennai-9. Sf/Sc. /Forwarded/by order/ Section Officer.
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