Banglashree for Micro, Small and Medium Enterprises: Subsidy on Stamp Duty and Registration Fee in Durg
BMSMESDRFS
Micro, Small and Medium Enterprises Department, Government of West Bengal
Guidance for businesses in Durg
"Subsidy on Stamp Duty and Registration Fee (SDRFS)" incentives under "Banglashree for MSMEs" scheme implemented by the MSMEs Dept., Government of West Bengal, provides a reimbursement of stamp duty and registration fee paid by the eligible enterprises for the purpose of registration of documents.
At a glance
- Micro & Small — Zone A
- 25%
- Micro & Small — Zone B
- 50%
- Micro & Small — Zone C
- 75%
- Micro & Small — Zone D & E
- 100%
- Medium — Zone B, C, D and E
- 75%
Benefits
Micro & Small Enterprise: Zone A - 25%; Zone B - 50%; Zone C - 75%; Zone D & E - 100%.
Medium Enterprise: Zone B, C, D and E - 75%.
The subsidy will be admissible for the purpose of: Purchase of land and/ or buildings for setting up of the approved project and Land/building/shed taken on Lease (minimum ten years) at any government /government approved Industrial Park/ Estate for setting up of the approved project.
The amount admissible will be calculated proportionately based on the percentage of land / buildings used for setting up of the enterprise for implementation of the approved project.
Eligibility
- The business/organization should be a Micro/ Small/ Medium Enterprise.
- The business/organization should belong to the manufacturing sector.
- The business/organization should have started production on or after 1st April 2019.
- The business/organization should be in the private sector/ cooperative sector/ joint sector undertaking or should be a company/ undertaking owned and managed by the State Government or the Industrial SHGs.
- The Date of Commencement of Commercial Production (DOCCP) should be between 1st April 2020 to 31st March 2025.
Documents required
- Copy of the Memorandum of Association and Articles of Association authenticated by the Registrar of Companies / partnership deed (wherever applicable).
- A statement on the name and address of the Directors / Partners / Owners of the enterprise / Members of Cooperative or Self Help Groups, as applicable.
- Copy of approved project report.
- A copy of loan sanctions letter and disbursement letter issued by financial institutions / banks.
- A copy of the audited balance sheet for the last 2 years wherever applicable.
- A list of plants and machinery with original value along with copies of the bills, money receipts.
- Existing manufacturing activities in West Bengal stating items, annual approved capacity, annual production during the last three years (in quantity and value in Rs. Lakh), if applicable.
- Copy of the land deed (wherever applicable). In case of rented /leasehold land / buildings, copy of rent agreement and receipt /lease agreement.
- Copy of mutation & conversion certificate of land/ building.
- Copy of valid consent to operate certificate from the WBPCB.
- Copies regarding SGST.
- Copy of trade licence.
- Copy of first electricity bill (wherever applicable).
- Copy of acknowledgement of Udyog Aadhaar Registration.
- Copy of SC / ST certificate wherever applicable.
- Copy of other statutory licenses/certificates, if necessary.
- Self declaration as per para 7.1(vi) of the Scheme.
- Scheduled of the land.
- Sketch map of the land/building purchased.
- Documents showing payment of Stamp Duty and Registration Fee.
How to apply
Registration Process: Step 1: Visit the Shilpasathi Portal and click 'Apply Online'; on the next screen, click 'Create New' for new registration. Step 2: Select the Applicant Type (Industry/Business/Commercial/Charitable Society/Govt. entity) and enter the Registration Number. Step 3: On the 'User Registration' page, fill in all mandatory fields and click 'Register'. Application Process: Login using your username & password or via OTP, click 'ALL SERVICES' and select 'MSME Incentive'. Step 4: Click 'Create CAF' and 'Apply Online'. Step 5: Fill the eligibility form and click 'Save and Continue' to reach the Common Application Form (CAF). Step 6: Fill all mandatory fields and click 'Update and Continue'. Steps 7-9: View status on the Dashboard, click 'Click to Proceed', 'Save', and 'Preview'. Step 10: Click 'Go to Application' to fill Online Form-A. Steps 11-12: In 'APPLY SUBSIDY' check year-wise subsidy items and click 'SAVE'; in 'FILL UP SUBSIDY' provide year-wise details and click 'Add More'. Step 13: Upload documents, click 'VERIFY & SUBMIT', check the declaration box and 'Submit Application'. Step 14: You receive an application reference number to track status. Date of submission of first application: within 12 months from the DOCCP or from the date of notification of Banglashree, whichever is later. Helpdesk: Protiti, 23, Abanindranath Tagore Sarani (Camac Street), Kolkata - 700017, West Bengal; Phone: +91 33 2255 3700; Email: [email protected]; Silpa Sathi Single Window Cell Toll-free Helpline: 1800-345-5562.
About the scheme
The Subsidy on Stamp Duty and Registration Fee (SDRFS) is an incentive under West Bengal's "Banglashree for MSMEs" scheme (MSMEs Department). It reimburses the stamp duty and registration fee paid by eligible enterprises for registering documents relating to the purchase or lease of land/buildings for setting up an approved project.
Why it matters
- Stamp Duty Relief:
- 25%–100% reimbursement by zone.
- Land & Buildings:
- For purchase or long-term lease.
- Setup Cost:
- Reduces the cost of acquiring premises.
- Backward Areas:
- Full reimbursement in Zones D and E.
Focus areas
- Stamp Duty & Registration:
- Reimbursement on land/building documents.
- Setup Support:
- Lowering the cost of acquiring premises.
- Backward Areas:
- Full reimbursement in Zones D and E.
Is this scheme right for you?
This incentive reimburses the stamp duty and registration fee on land and buildings acquired for a manufacturing MSME in West Bengal — up to 100% in backward zones. If your eligible unit is buying or leasing premises for an approved project, this subsidy can offset a significant setup cost.
Frequently asked questions
What areas are classified under Zone A for the purpose of determining incentives?
Zone A includes the Kolkata Municipal Corporation Area, all municipal areas of North 24-Parganas, all municipal areas of South 24-Parganas, and all municipal corporation and municipal areas of Howrah.
Which districts fall under Zone B for incentive classification?
Zone B comprises districts such as Hooghly, North 24 Parganas (excluding municipal areas and Sundarban areas), South 24 Parganas (excluding municipal areas and Sundarban areas), Howrah (excluding corporation and municipal areas), Siliguri Municipal Corporation, Paschim Medinipur, Purba Medinipur, Purba Bardhaman, Paschim Bardhaman, and Nadia.
What are the eligibility criteria for incentives under Banglashree for MSMEs?
Micro, small, or medium enterprises in the manufacturing sector that commence commercial production between 1st April 2019 and 31st March 2025 are eligible. Existing enterprises are also eligible for incentives for project expansion.
Which enterprises are not eligible for Banglashree for MSMEs?
Enterprises that commenced production before 1st April 2019, those registered and received incentives under other state incentive schemes, or those that applied for incentives under other schemes within the stipulated date are not eligible.
What is the timeline for submitting the first incentive application under Banglashree for MSMEs?
Enterprises must submit their first incentive application to the General Manager, District Industries Centre, or Officer-In-Charge Sub-DIC, Siliguri within 12 months from the date of commencement of commercial production or within 12 months from the date of the notification, whichever is later.
Can enterprises in the manufacturing sector other than micro, small, and medium enterprises avail of Banglashree for MSMEs?
No, the scheme is specifically applicable to micro, small, and medium enterprises in the manufacturing sector.
What is the procedure for claiming the Subsidy?
Enterprises need to apply for the subsidy along with the required documents to the designated authorities as per the guidelines provided by the concerned department or agency.
What is the significance of the classification of areas into different zones for the scheme?
The classification helps in determining the quantum of incentives available for projects based on their location, with higher incentives provided for projects in backward areas.
Can enterprises avail of incentives under both Banglashree for MSMEs and other state incentive schemes simultaneously?
No, enterprises cannot avail incentives under both schemes simultaneously. They must choose one scheme based on their eligibility and requirements.
Is there any provision for enterprises that have already received incentives under other state schemes but wish to expand their projects?
Yes, existing enterprises are eligible for incentives under Banglashree for MSMEs for project expansion, subject to the conditions specified in the scheme.
How does the State Government verify the eligibility of enterprises for the incentives?
The eligibility of enterprises is verified based on the documents submitted along with the application, and inspections may be conducted by designated authorities if required.
What measures are in place to prevent misuse of the subsidy scheme?
Strict guidelines, documentation requirements, and verification procedures are in place to ensure that subsidies are availed by eligible enterprises for genuine purposes only.
Is there any provision for enterprises to appeal if their application for incentives is rejected?
Yes, enterprises have the right to appeal against the rejection of their application, and there is a designated process for handling such appeals.
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