Capital investment subsidy eligibility in Jammu & Kashmir clarified, with scope, exclusions, approval and disbursement procedures. The Central Capital Investment Subsidy Scheme, 2012 provides capital investment subsidy to new industrial units and existing units undertaking substantial expansion in Jammu & Kashmir, based on eligible investment in plant and machinery, subject to specified rates and ceilings, exclusions for second hand and cash paid procurements, a negative list of ineligible activities, pre registration and filing timelines, valuation certification by banks or JKDFC, approval by State Level and Empowered Committees, disbursement by JKDFC, and recovery and reporting obligations including five year post commencement monitoring.
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Capital investment subsidy eligibility in Jammu & Kashmir clarified, with scope, exclusions, approval and disbursement procedures.
The Central Capital Investment Subsidy Scheme, 2012 provides capital investment subsidy to new industrial units and existing units undertaking substantial expansion in Jammu & Kashmir, based on eligible investment in plant and machinery, subject to specified rates and ceilings, exclusions for second hand and cash paid procurements, a negative list of ineligible activities, pre registration and filing timelines, valuation certification by banks or JKDFC, approval by State Level and Empowered Committees, disbursement by JKDFC, and recovery and reporting obligations including five year post commencement monitoring.
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