The scheme "Reimbursement of Stamp Duty and Registration Charges" by the Micro Small and Medium Enterprises Department, Government of Tamil Nadu, is introduced with the objective of reducing the stamp duty and registration charges incurred by MSEs investing in backward blocks, i.e. the charges paid to the Registration department on the purchase of land meant for industrial use.
50% subsidy
CAPITAL · quoted from the scheme, not calculated by us
DETAILS The scheme "Reimbursement of Stamp Duty and Registration Charges" by the Micro Small and Medium Enterprises Department, Government of Tamil Nadu, is introduced with the objective of reducing the stamp duty and registration charges incurred by MSEs investing in backward blocks, i.e. the charges paid to the Registration department on the purchase of land meant for industrial use. BENEFITS 50% reimbursement of stamp duty and Registration charges paid to the Registration department on the purchase of land meant for industrial use. ELIGIBILITY The applicant should be a manufacturing enterprise (micro or small scale), set up in the declared backward blocks of the state of Tamil Nadu. This incentive is admissible to eligible enterprises on the land area up to five times the plinth area of the factory building constructed. However, in respect of enterprises where the open land requirements would be large, due to the peculiar nature of the industry, the sanctioning Authority may consider allowing land in excess of five times the plinth area on case to case basis. Know Your Eligibility for this Scheme here
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4 documents to gather
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We don’t hold the step-by-step process for Reimbursement of Stamp Duty and Registration Chargesyet. The department’s own notification is the authority until we do — we would rather say that than invent a plausible sequence.
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