Maharashtra Industrial Policy 2019

Key Features

Financial Assistance

Component

Assistance Provided

Detailed Explanation & Example

Industrial Promotion Subsidy (IPS)

A percentage of Gross SGST or Net SGST payable on first sale within Maharashtra.

 

For example: If your new unit sells goods worth ₹10 cr in Maharashtra and SGST on that is ₹50 lakhs, and policy allows say 100% IPS, you could claim ₹50 lakhs subsidy.

Power Tariff Subsidy

Subsidy of ₹1 per unit (or variable) of electricity consumed in specified talukas/regions for a defined period (e.g., 3 years) for eligible units.

Example: Your MSME unit in a D region uses 200,000 units of power in the first year – at ₹1/unit subsidy you get ₹2 lakhs subsidy for that year.

 

Stamp Duty / Land Allotment Exemption

100% waiver of stamp duty on purchase of industrial land and/or term-loan purpose (in eligible regions).

Example: You buy land for your industry costing ₹1 cr. Stamp duty is say ₹5 lakhs; policy gives exemption  you save that amount.


Note: Other assistance elements such as interest subsidy, electricity-duty exemption, capital subsidy may also be provided depending on region & sector.

Eligibility Criteria

Who can apply:

Who cannot apply:

Documents Required

Application Process for the Scheme

Option 1: Apply with Bullit (Recommended)

Click here to start with guided support. Our team verifies eligibility, compiles documents, and handles application & follow-ups on your behalf. You can monitor progress while focusing on operations. 

Recommended for: Lean teams. Designed to save you time and effort. Access expert help from start to finish.
 

Option 2: Government Direct Route

  1. Visit the official portal of the Maharashtra Industry, Trade & Investment Facilitation Cell (MAITRI) or the Department of Industries of the Government of Maharashtra.
  2. Submit application for registration of the industrial unit, provide project details (fixed capital investment, employment plan, location, sector).
  3. Choose the incentive category applicable (new or expansion). Provide documents for GST registration, FCI, employment.
  4. Once registration is approved, apply for incentives under the “Industrial Promotion Subsidy”, power-tariff subsidy, stamp‐duty waiver, etc.
  5. After the unit becomes operational/investment made, claim subsidy/incentive by filing necessary return or certificate as per policy guidance.

Option 3: Local Area Industrial Officer / District Industries Centre Route

  1. Approach the District Industries Centre (DIC) or local industrial promotion department in your district.
  2. Seek guidance on state policy, regional classification, incentive category for your taluka/area.
  3. Submit offline application (if permitted) to the regional office along with documents.
  4. Follow up with state authority for sanction order and incentive claims.

Power Combos with The Scheme

Related Schemes