Centre notifies guidelines for J&K Industrial Scheme 2020

2 April 2021

Follow Ziraat Times on Whatsapp - Join Now

Srinagar: The Department for Promotion of Industry & Internal Trade of the Ministry of Commerce & Industry, Government of India, has notified the General Operational Guidelines for Registration of Units under New Central Sector Scheme for Industrial Development of Jammu & Kashmir, announced in 2020.

The guidelines, issued on Its April 2021, are being re-produced by Ziraat Times here for the benefit of prospective investors.

These guidelines are issued and should be read with the notification issued vide F.No.1(1)2020-SSS dated 19.02.2021 for Central Sector Scheme for Industrial Development of Jammu & Kashmir.

Registration under the Scheme shall commence from 01.04.2021 and will continue till 30.09.2024.
All application for registration shall be disposed of by 31.03.2025 unless otherwise extended.
The applicant unit willing to avail incentive(s) under the scheme has to apply for registration through online portal jknis.dipp.gov.in in the forms enclosed at Annexure I along with the following documents :

(i) Detailed project Report as per the Annexure II

(ii) Land documents (Revenue paper regarding owner ship/rent deed duly registered by the registering authority/lease deed in case of Govt. land)

(iii) Bank loan sanction letter.

(iv) Appraisal Report from the bank/financial institution showing the appraised cost of

building, plant and machinery, miscellaneous fixed assets etc.

(v) Appraisal Report from Jammu & Kashmir Development Finance Corporation Limited(JKDFC) in case of self-financed units.

(vi) Certificate from CA for fixed assets of the unit regarding investment already made in the project in case of units which are under implementation or have to commence commercial production/operation.

(vii) Consent/NOC from State Pollution Control Board to establish and manufacture the finished product(s) or run unit.

(viii) Certificate of mandatory/obligatory registration/approval from concerned department as applicable.

(ix) Copy of Incorporation Certificate in respect of firm and unit.

(x) Certificate from CA stating detail of all the owner(s)/director(s)/partner(s)

(xi) Copy of PAN.

(xii) Copy of GSTIN certificate.

(xiii) Copy of last GST return filed as applicable.

(xiv) Udyam Registration/EM II

Merely submitting application for registration will not entitle any applicant for registration under the scheme. The following shall be taken into consideration for granting registration to the unit under the scheme:
(i) Application submitted through on-line portal with all the details required therein along with all the documents with their correctness.

Detailed Project Report, Bank Appraisal Report.
(iii) Eligibility of unit as per the provision contained in the notification dated 19.2.2021 of the scheme.

(iv) Fixed Financial Assets, availability of land, required power connection, adequate required infrastructure to run the unit, source of finance, employment generation potential and sustainability to run unit.
(v) Submission of required documents from the authorized authority to run the unit.
(vi) Unit should not be blacklisted by any authority under the law or bankrupt or declared NPA.
(vii) Any other information/documents required by the registering authority.

5- No unit will have the right to register under this scheme or claim the benefits unless it is specifically approved by the registering authority.

Heritage property not in use before 1.04.2021 is restored thereafter for commercial or hospitality or tourism services on commercial basis will also be considered as new unit as per the following eligibility conditions:

i. Heritage property under the scheme shall include those recognized/defined as under:

Monuments notified under ASI
Monuments notified by the State Government under Ancient Monuments Preservation (Amendment) Act, 2010.
Heritage sites notified under The Jam.mu & Kashmir Heritage Conservation and Preservation Act, 2010.

d. Heritage Monuments listed by recognized Agencies such as UNESCO, INTACH (Indian National Trust for Art and Cultural Heritage) etc.

ii. Its restoration/conservation/preservation should have been done on the basis of a conservation plan prepared/vetted by INTACH, J&K or a qualified conservation body duly notified by the UT.

7- Zone A and Zone B for the purpose of this scheme as defined by UT Govt. of J&K shall be as per Annexure m.

8- (i) If any unit is availing or has availed any incentive envisaged in this scheme, from other scheme(s) of Government of India, it will not be eligible for those incentives under this scheme. However, it will be eligible for other incentive(s) under this scheme.
(ii) If any unit applied for similar incentive from other scheme(s) of Government of India, it has to opt to receive such incentive only from any one of the schemes.

Details of core and non-core segment in Plant & Machinery for manufacture and construction of building and other durable physical assets in service sector is enclosed atAnnexureIV
Eligible building and physical durable assets of service sector under the scheme shall be as per Annexure V
The details of application and documents uploaded for registration shall be verified after site visit of the unit (Premises) and examination of the documents by the concerned DIC. After checking the eligibility of the applicant unit as per the scheme notification dated 19.02.2021, the General Manager, DIC (concerned) shall recommend the application for registration to Directorate of Industries & Commerce (concerned) along with the online certificate that the unit does not fall in negative list in case of Manufacturing units and service activity falls in positive list in case of Service Sector Unit as defined in notification no. F. No. 1(1)/2020-SSS dated 19th February 2021 and the unit fulfils all criteria as per the scheme notification.