Port Blair, May 13: The Directorate of Industries under a scheme ‘Andaman & Nicobar Island Capital Investment Subsidy for Micro & Small Enterprises Scheme’ reimburses subsidy on fixed capital investment excluding land, building & vehicle to micro and small enterprises at the rate of 25% in South Andaman, Middle and North Andaman District subject to the maximum of Rs. 50 Lakhs and 50% in Nicobar District subject to the maximum of Rs. 50 Lakhs. For availing this subsidy, registration with the District Industry Centre is mandatory. This scheme shall remain in operation up to 31st March, 2017.
The documents required for availing this benefit under the scheme includes – Permanent Registration certificate/Entrepreneurs Memorandum-II issued by DIC, Certificate from Chartered Accountant regarding capital expenditure incurred on the project, certificate in prescribed Performa from the financial institution certifying the amount of loan sanction and disbursed, if any. Land owner ship document/lease agreement, Document relating to conversion of land for commercial purpose under the A & N islands LR&LRR, 1966. Approved building plan from the Municipal Council/PRI under the bye laws of PBMC/PRI Regulation & Rules, Clearance from the Pollution Control Committee, CRZ clearance, Trade License (wherever applicable), Bills/Vouchers/Money Receipts of machineries and equipments.