Interest subsidy on loan/ tax incentives for setting up new plastics manufacturing of small size

Operated by
Industries and Mines Dept.-Industries Commissionerate, Government. of Gujarat
Purpose 
To provide assistance to plastic industry by way of interest subsidy and VAT incentive.
Probable duration
Any time during the year

Eligibility

  •  Enterprises which are registered as an industrial unit as MSME with respective DIC and should be of small size

  •  Have obtained IEM form GOI 

  •  The New Enterprises, which is engaged in manufacturing of plastic products/ items/ articles by using plastic as a raw materials purchased within the state only, is eligible.

  •  Plastic material means organic polymers of high molecular mass from petrochemicals such as Polyolefin (LLDPE, LDPE, HDPE, PP), PVC, Nylon, Polyesters, Polystyrene, Polycarbonate, Polyamide (Nylon 6, Nylon 66) etc.

Benefit Description

Financial assistance in form of interest subsidy on loan/ tax incentives for setting up small sized new plastics industry

Application process

http://ic.gujarat.gov.in/documents/pagecontent/Application-Form-Plastic-Industry-Final-29-04-2017.pdf

Other Details

Conditions if Any
  • The enterprise that has availed assistance under this scheme will not be entitled to avail benefit under any other scheme of state government, unless and otherwise specified under that scheme.
More Information
Annexure Link: -
Link: 
# Refer scheme for financial assistance to Plastic industry under the head New Industry Policy 2015 in the following link: http://ic.gujarat.gov.in/incentive-schemes.aspx

File: -