TaxTMI 
TaxTMI 
CENTRAL INTEREST SUBSIDY SCHEME, 2012
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....as as per Annexure-I and also to specified Thrust Industries outside the notified areas as per Annexure-II. 'New Industrial Unit' means an industrial unit which commence commercial production/operation on or after 15th June 2012. 4. However an industrial unit in Textile sector in Jammu & Kashmir would have choice to apply for subsidy either under "Technology Upgradation Fund Scheme" (TUFS) of Ministry of Textile or under the Special Package administered by DIPP. 5. Extent of admissible subsidy: All eligible industrial units in the state of Jammu & Kashmir shall be given an interest subsidy to the extent of 3% on the average of actual daily Working Capital loan given to them by the Scheduled Banks or Central/State financial institutions, ....
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....ncentrates. (ii) Weapon or ammunition. (iii) Pan Masala as covered under Chapter 21 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986). (iv) Plastic Carry bags of less than 20 microns as specified by Ministry of Environment & Forests Notification No. S.O. 705(E) dated 2-9-1999 and S.O.698(E) dated 17-6-2003. 10. Designated Agency for disbursement of Subsidy: Jammu Kashmir Development Finance Corporation (JKDFC) shall be the designated agency for disbursement of interest subsidy on the basis of the recommendation of the state Government. JKDFC will disburse subsidy through ECS and RTGS system only. 11. Procedure for claiming Interest Subsidy: Industrial units eligible for subsidy under the scheme will get them....
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....iod of 5 years of receiving a part or the whole of the grant or subsidy under the scheme without taking prior approval of the Ministry of Commerce & Industry, Department of Industrial Policy & Promotion/State Government/JKDFC. 15. 100% physical verification of the actual establishment and working status of each of the units availing subsidy under the scheme will be done by State Government through District Industries Centres. Districts Industries Centres shall submit annual report to the Directorate of Industries and JKDFC about the functionality of the units. JKDFC shall thereafter submit annual report to the Department of Industrial Policy and Promotion about the functionality of the units availing subsidy under the scheme. After receivi....
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....amba Samba IGC Samba Phase-III 03. Udhampur Udhampur H D BattalBallian 04. Reasi Reasi (Gran) 05. Kathua Kathua Hiranagar Billawar IID Govindsar Ceramix Ind. Complex 06. Rajouri Kheora 07. Poonch Poonch 08. Kishtwar Sangrambata 09. Doda Dandi (Bhaderwah) New Industrial Estates (Under Development) in Jammu Division Sl. No. Name of District Name of Industrial Estate 01. Kathua Ghatti Govindsar Phase I-II DambraBillawar Hiranagar (ChakBulananda) 02. Rajouri ThandiPani ( Silk Cluster) Lamberi 03. Udhampur Majalta 04. Doda Beoli 05 Reasi Nimba 06. Poonch Surankote 07. Samba IGC Samba Phase-III ANNEXURE - II Thrust Industries included under J&K Industrial Policy Sl.No. Activity/Industry....
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....abric. 16. Bottling of mineral water. 17. Stationery items like note book, Pen, Pencils, Erasers, Sharpeners, Geometry boxes etc. 18. Wood based industry :- Manufacturing of plywood/Ply board/Core veneer/Pencil Blocks/Slates/Joinery/Furniture/Paneling. ANNEXURE -III Composition of State Level Committee 1. Secretary, Department of Industry & Commerce, J&K Kashmir Chairman 2. Director, Industries and Commerce, Kashmir Member Secretary* 3. Director, Industries and Commerce, Jammu Member Secretary* 4 Director, Accounts and Treasuries Member 5. MD, Jammu & Kashmir Development Finance Corporation Member 6. Financial Advisor/CAO, I&C Department Member 7. Nominee of DIPP Member 8. President, Federation Chamber of Indu....