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Haryana Government Gazette

EXTRAORDINARY

Published by Authority

No. 42-2019/Ext.] CHANDIGARH, WEDNESDAY, MARCH 6, 2019 (PHALGUNA 15, 1940 SAKA)

HARYANA GOVERNMENT

INDUSTRIES AND COMMERCE DEPARTMENT

Notification

The 6th March, 2019

No. 49/43/2015-4IBI.— In supersession of earlier Credit Linked Interest Subsidy Scheme notified vide

notification No. 49/43/2015-4IBI, dated 29.01.2016, the Governor of Haryana is pleased to notify the modified

“ State Credit Linked Interest Subsidy Scheme for Technology Up-gradation” with the following provisions :-

Objective:-

The survival and growth of the Micro and Small Sector is critically dependent on their modernization and

Technological Up gradation. Up gradation of both the process of manufacture and corresponding plant and

machinery is necessary for the small enterprises to reduce the cost of production and remain price competitive at a

time when cheaper products are easily available in the global market. Due to inadequate finance and lack of

awareness of both the quality standards and access to modern technologies, a large percentage of Micro and Small

sector continue with outdated technology and plant & machinery. Government of India has introduced Credit Linked

Capital Subsidy Scheme for Technology Up-gradation of the MSE sector.

The Ministry of MSME, GOI has currently put the scheme under hold and they are in the process of revising

earlier notified Credit Linked Capital Subsidy Scheme and the State Government had linked its earlier scheme

notified on 29th of January, 2016 to the GOI scheme. Now the State Government has decided to delink the State

Credit Linked Interest Subsidy Scheme for Technology Up-gradation.

Quantum of Assistance:

Under the State Credit Linked Interest Subsidy Scheme (SCLISS) for Technology Up- gradation, the State

Government shall provide interest subsidy @5% upto a maximum of INR 5 lakh per year for a period of 3 years to

an eligible unit in specified sectors/products of the industry.

Commencement and Applicability :

The Scheme shall commence with effect from the date of notification of the Enterprise Promotion Policy

(EPP) – 2015 i.e. 14/08/2015 and shall remain in operation upto 14/08/2020. The assistance shall be available on

term loan (Plant and Machinery) sanctioned after 14/08/201 but before 14/08/2020.

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HARYANA GOVT. GAZ. (EXTRA.), MAR. 6, 2019 (PHGN. 15, 1940 SAKA)

Eligibility Criteria

All the existing Micro and Small Units located anywhere in the State, who have filed UAM shall be eligible

under the Scheme. Only the list of technologies approved by the Government of India under CLCSS from time to

time shall be eligible for subsidy. The eligible units must also comply with the following conditions:

The unit must upgrade their existing plant and machinery with State of Art Technology with or

without expansion/ diversification as per guideline under CLCSS Scheme of GoI. The units shall

provide a certificate from SIDBI/NABARD regarding their eligibility under the CLCSS of GOI.

ii.

Industry also graduating from small scale to medium scale on account of sanction of additional loan

under CLCSS shall be eligible for assistance.

iii.

The item of Manufacture of unit should not have been placed in the restrictive list as notified by the

State government from time to time.

iv.

The unit should have obtained NOC/CLU from competent Authority if applicable.

The unit should be in commercial production.

vi.

The unit should be in regular production at the time of disbursement and the subsidy shall not be

released to a closed unit.

vii.

The units who have applied under GOIs Credit Linked Capital Subsidy Scheme but have not been

able to avail capital subsidy due to revision in CLCSS by GOI are also eligible only after fulfilling the

terms and conditions under SCLISS.

Procedure

Application on prescribed Form (Annexure-I) for the grant of State Credit Linked Interest subsidy

along with listed documents would be submitted to the Director of Industries & Commerce, on the

web portal of the department.

The application would be processed and examined by GM DIC and he shall check the list of

machinery and certify that the machinery is available on list given at website. The unit shall provide a

certificate from SIDBI/NABARD that the machinery is covered under the list of technologies

approved by the Government of India under CLCSS from time to time. GM DIC shall physically visit

the unit and verify the eligibility of plant & machinery as per the claim. The deficiencies, if any,

would be communicated to the applicant in writing within a period of 10 working days and the

applicant would be given a time period of four weeks to rectify the deficiencies so pointed out. The

enterprise shall not be required to submit any additional document other than specified under

Annexure-I without approval of competent authority.

In case the deficiencies are not removed within prescribed period, the claim may be filed by the

Competent Authority, under intimation to the applicant through e-mail.

A claim application so filed may be reopened with the orders of Administrative Secretary Industries &

Commerce provided request for the same is received within a period of 30 days from the date of

rejection of the claim by the designated Competent Authority.

Competent Authority for Sanction:

Director, Industries & Commerce shall be competent authority for sanction of State Credit Linked Interest

Subsidy for Technology Up-gradation.

Time Limit

The enterprise shall forfeit its entitlement for the capital subsidy, if it does not submit its claim, complete in

all respects within three months of the purchase of the equipment for which CLISS is being claimed. The subsidy

amount will be disbursed only after commissioning of the project.

Interpretation/ Relaxation

Administrative Secretary Industries & Commerce, Haryana shall be competent to make interpretation/

relaxation of provisions of this scheme.

Appeal

Appeal against orders passed by the Competent Authority shall lie with the Administrative Secretary,

Industries & Commerce, Haryana within a period of 30 days from the date of communication of orders appealed

against and orders passed by the Administrative Secretary shall be final.

HARYANA GOVT. GAZ. (EXTRA.), MAR. 6, 2019 (PHGN. 15, 1940 SAKA)

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10.

Penal Action

In case, it is found at any stage that the applicant has claimed the assistance on the basis of wrong facts, the

applicant shall besides refunding assistance with compound rate of interest @ 12% per annum and facing legal

action, will be debarred from grant of any incentives/assistance from the State Government.

The industry should be in operation for a period of three years from the date of disbursement of subsidy

otherwise the entire amount of subsidy on pro rata basis shall be recovered from the unit.

11.

Terms and Conditions

(a)

In case, it is found at any stage that the applicant has claimed the assistance on the basis of wrong

facts, the applicant shall besides refunding assistance with compound rate of that the Beneficiary will

comply with and faithfully observe all terms and conditions of the said Scheme and also all the

subsequent amendments and modifications and additions thereto together with the conditions of the

sanction of the said financial assistance.

(b)

That the Beneficiary will allow the officers of the Government of Haryana or any other person or

persons authorized by Government of Haryana to inspect the work for which the interest subsidy has

been granted and also the machines, plant, appliances, tools, equipments, etc. for the procuring of

which the subsidy has been granted and will furnish such information concerning the machines, plant

implements, etc., or concerning the matter connected with the interest subsidy or incidental thereto as

the Government of Haryana or their nominees may, from time to time require.

(c)

That the Beneficiary will not change the place or location of the industrial unit entirely or partly, nor

enter into partnership with any one, or change its constitution by merger, amalgamation or in any

manner nor the Beneficiary effect disposal of fixed capital investment without the express prior

permission of the Government of Haryana in writing.

(d)

The Beneficiary unit shall remain in commercial production for a period of at least three years from

the date of disbursement of subsidy otherwise the entire amount of subsidy on pro rata basis shall be

recovered from the unit. This is except in cases where the unit remains out of production for short

periods not exceeding three months due to reasons beyond its control such as shortage of raw material

/ power, etc. to the satisfaction of the State Government.

DEVENDER SINGH,

Additional Chief Secretary to Government of Haryana,

Industries and Commerce Department.

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HARYANA GOVT. GAZ. (EXTRA.), MAR. 6, 2019 (PHGN. 15, 1940 SAKA)

Annexure – I

Application format for claiming State Credit Linked Interest Subsidy Scheme for Technology Up-gradation

Sr. No.

Particulars

Details

Name of the applicant (Authorized person of the unit)

Name & Factory address of the unit with telephone no.

and e-mail

Registered Office address

Name of the block in which the enterprise located and

category of blocks i.e. B/C/D

Category of the unit (Micro/ Small).

EM Part-II/Udyog Aadhar No. & date

Date of commencement of commercial production of the

technologically upgraded unit(As per first sale bill)

Item of manufacture/processing

Category under which capital subsidy has been claimed:

Micro/ Small

Name of the bank/ financial institution

Quantum of term loan sanctioned for the technology up-

gradation.

Date of disbursement of first installment of loan & amount

Total cost of scheme as approved by bank/ financial

institution

Total source of funding / means of finance (as approved

by Bank/ FI):

Promoters’ Contribution

ii.

Term Loan

iii.

Others resources Total

Quantum of interest subsidy admissible to the unit

.................. (Attach bank certificate as per prescribed

performa as Annexure III)

16.

Self-attested copies of documents to be attached with the application:

Acknowledgement of UAM.

ii.

Certificate of Incorporation/ Partnership deed.

iii.

Board resolution/ Power of attorney

iv.

Change of Land Use (CLU)/ NOC from competent authority, if applicable.

Certificate for Financial Institution on Letter Head of the Bank (Annexure-II)

vi.

CA Certificate regarding investment in plant & machinery for new unit/ expansion/ diversification

(Annexure-III).

vii.

Certificate from SIDBI (Annexure – IV).

viii.

Audited balance sheet of the unit of last year (if Applicable).

ix.

Copy of first sale bill.

Signature of the applicant (with seal)

HARYANA GOVT. GAZ. (EXTRA.), MAR. 6, 2019 (PHGN. 15, 1940 SAKA)

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Declaration

I, ________________do hereby solemnly state that I am proprietor/ partner/director/____________________

of M/s______________________

located____________________which is engaged in the manufacture of____________________ and I have been

authorized to file the Credit linked Interest subsidy claim with the Department of Industries and Commerce, Haryana.

I do hereby affirm that the particulars given in the application are correct. In case, any of the statement/

information furnished in the application/ documents later found to be wrong or incorrect or misleading, I do hereby

undertake to refund the entire amount of assistance of

Rs.__________________________(Rupee___________________________________________________________)

granted to me at the compound rate of interest @12% per annum, besides facing legal action in case facts contained in

this application are proved to be wrong at the time of verification/ checking or otherwise at any stage.

Dated:

Signature of the applicant

(with seal)

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HARYANA GOVT. GAZ. (EXTRA.), MAR. 6, 2019 (PHGN. 15, 1940 SAKA)

Annexure-II

Certificate from financial institution

(on letterhead of the bank)

This is to certify that M/s .......................................................................... has been sanctioned term loan of

Rs. .............................. for the project located at .................... @ ........... % interest.

The unit has been disbursed term loan of Rs. .............. upto .............. The last instalment of the term loan of

Rs. ......................... was disbursed on dated ..................

This is to certify that:

(i)

No penal interest has been charged.

(ii)

The unit is eligible to be financed subsidy under Credit Linked Interest Subsidy Scheme of Government of

Haryana.

Signature

Branch Manager Name of Bank

Seal of the Bank

Place:

Date:

HARYANA GOVT. GAZ. (EXTRA.), MAR. 6, 2019 (PHGN. 15, 1940 SAKA)

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Annexure-III

Certificate from Chartered Accountant regarding investment in plant & machinery (on a CA letter head)

To whom it may concern

The records and books of account of M/s ...................................... with their regd. office at.......................

and factory located at ...................................................... in respect of investment in existing plant & machinery

(original purchase value) of the unit has been verified. It is certified that the investment in plant & machinery as on

date................ stands as Rs....................

Name & Signature of the Chartered

Accountant with stamps & CA

membership number

Dated:

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HARYANA GOVT. GAZ. (EXTRA.), MAR. 6, 2019 (PHGN. 15, 1940 SAKA)

Annexure-IV

Certificate from SIDBI

(On letterhead of SIDBI)

This is to certify that M/s ......................................................................... has been sanctioned term loan of

Rs. .............................. for the project located at .................... @ ........... % interest. The machinery is covered under

the list of eligible machineries under CLCSS.

The amount of interest subsidy eligible by the unit per year is ………………….

This is to certify that:

(i)

No penal interest has been charged.

(ii)

The unit is eligible to be financed subsidy under Credit Linked Interest Subsidy Scheme of Government of

Haryana.

Signature

Branch Manager

Small industries Development Bank of India

Seal of the Bank

Place:

Date:

56938—C.S.—H.G.P., Chd.