CII : Capital Investment Incentive

Eligible Units:
- New Units
- Existing Units with Substantial Expansion

The Capital Investment Incentive is a unique opportunity offered under the NCSS scheme, providing financial incentive to eligible businesses for their investments. To qualify, businesses must meet specified criteria, such as maintaining a minimum level of investment and production or adhering to defined operational guidelines. This incentive aims to bolster economic growth and development. Please refer to the scheme document to check eligibility.

For units established on or after April 1, 2021, in Zone A, they qualify for a 30% incentive of their total capital investment in eligible Plant & Machinery. Alternatively, for units in Zone B, they are eligible for a 50% incentive of their total capital investment in eligible Plant & Machinery, with a maximum incentive cap of Rs. 5 Crore in Zone A and Rs. 7.5 Crore in Zone B.

CIS : Capital Interest Subvention

Eligible Units:
- New Units
- Existing Units with Substantial Expansion

Capital Interest Subvention, a key component of the NCSS scheme, offers financial relief to eligible businesses. To qualify, enterprises must pay timely installments of the term loan, including compliance with term loan repayment schedule and adherence to operational guidelines. This subvention promotes economic growth and sustains businesses through interest rate support. Please refer to the scheme document to check eligibility.

Interest on loan up to the principal amount of Rs. 500 crore for investment in eligible plant and machinery shall be eligible for Capital Interest subvention. New units will be eligible for this incentive on the loan availed on investment made in eligible plant and machinery (for manufacturing sector), or construction of building and other durable physical assets (for service sector).

GSTLI : GST Linked Incentive

Eligible Units:
- New Units

The Goods and Services Tax Linked Incentive (GSTLI) is a vital element of the NCSS initiative, offering substantial financial benefits to eligible businesses. To avail the GSTLI, enterprises must fulfill eligible conditions and adhere to specified guidelines as mentioned in the scheme document.

All eligible units will be granted Goods & Services Tax Linked Incentive (GSTLI) equal to 100% of Gross payment of GST, i.e. GST paid through cash and input tax credit for a maximum period of 10 years from the date of commencement of commercial production/operation or till the validity of the scheme whichever is earlier. However GST paid on exported goods or services will not be counted towards eligible incentive amount under this component.

The amount of incentive paid in a financial year will not exceed one-tenth of the total amount of eligible incentive under this component subject to full payment of GST as per GST return filed for the claim period.

The quantum of incentive will be the same irrespective of the fact whether the unit is located in Zone A or Zone B in the UT of Jammu & Kashmir.

Discover the potential of GSTLI as a catalyst for your business's success, ensuring compliance, transparency, and financial stability in your journey toward economic prosperity.

WCIS : Working Capital Interest Subvention

Eligible Units:
- Existing Units

The Working Capital Interest Subvention (WCIS) is a pivotal component of the NCSS scheme, offering substantial financial benefits to eligible businesses to grow their business potential. To avail the WCIS, enterprises must fulfill eligible conditions and adhere to specified guidelines as mentioned in the scheme document.

All existing units in the UT of Jammu & Kashmir registered under GST prior to the date of notification of this scheme will be eligible for this incentive, subject to the registration and other conditions as detailed in the guidelines.

All existing eligible units can avail interest subvention @ 5% on working capital loan for a maximum of 5 consecutive years from the date of grant of registration under this scheme. Existing eligible units availing benefits under this component will be eligible for five years period, even when they are undertaking substantial expansion.

The maximum benefit under this component for manufacturing as well as service sector units is Rs. 1 crore in 5 years. The methodology for calculation of the eligible amount of working capital interest subvention will be prescribed in the detailed guidelines issued there under.

Units located both in Zone A and Zone B in the UT of Jammu & Kashmir are eligible for this incentive.