Clcss and epgc

This query is : Resolved

Khushal Khimji Haria (Querist)
Follow

16 July 2013 Sir,

Can we avail benifit of CLCSS subsidy and EPGC on the same machine which we are importing.

Khushal Haria

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
Follow

17 July 2013 NO .

The Ministry of Small Scale Industries (SSI) is operating a scheme for technology upgradation of Small Scale Industries (SSI) called the Credit Linked Capital Subsidy Scheme (CLCSS). The Scheme aims at facilitating technology upgradation by providing upfront capital subsidy to SSI units, including tiny, khadi, village and coir industrial units, on institutional finance (credit) availed of by them for modernisation of their production equipment (plant and machinery) and techniques. The Scheme (pre-revised) provided for 12 per cent capital subsidy to SSI units, including tiny units, on institutional finance availed of by them for induction of well established and improved technology in selected sub-sectors/products approved under the Scheme. The eligible amount of subsidy calculated under the pre-revised scheme was based on the actual loan amount not exceeding Rs.40 lakh.

YOU CAN AVAIL ONLY ONE SCHEME both of them.

more info direct call:

https://dcmsme.gov.in/schemes/sccredit.htm

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now