Goa State Logistics and Warehousing Incentives Scheme: Subsidy towards Investment of Fixed Capital
Category: Business & Entrepreneurship
Level: State | State: Goa

Details:
The “Goa State Logistics and Warehousing Incentives Scheme” was launched by the Department of Industries, Government of Goa. The scheme aims to provide financial assistance for the development of the logistics and warehousing industry in the State. The “Subsidy towards Investment of Fixed Capital” component of the scheme offers a capital subsidy rate of 10% or 15% (for special categories) of fixed capital invested in Fixed Assets, capped between ₹25,00,000/- to ₹50,00,000/- per unit per year, depending on the project category and location. The scheme is implemented by the Directorate of Industries, Trade and Commerce. The applications for this scheme are accepted through the Goa Online Portal.

Benefits:
Standard Projects
Eligible entities (Logistics Parks (Multi-modal/Integrated), Inland Container Depots, Container Freight Stations, Air Freight Stations, Warehouses, Cold Chain Units, Testing Facilities, Truck Terminals) are entitled to 10% of fixed capital invested in Fixed Assets.
Maximum Amount:
 Capped at ₹25,00,000/- per unit per year.
Special Category Projects
Eligible entities (Projects constructed in Backward Talukas OR owned by Women Entrepreneurs/Entrepreneurs belonging to Schedule Caste/Schedule Tribe Communities) are entitled to 15% of fixed capital invested in Fixed Assets.
Maximum Amount:
 Capped at ₹50,00,000/- per unit per year.
Benefit Disbursal Criteria/Conditions
Mode and Frequency:
 The processing of the application and the disbursement of the incentive amount must be completed within a maximum period of 90 days from the date of application received. Disbursement is performed by the Directorate of Industries, Trade and Commerce (DITC).
Time/Chronology:
 All sanctioned claims will be organized chronologically and disbursed to the respective entities following due procedure.
Sanction Basis:
 The subsidy shall be sanctioned to aided entities within the project cost approved by the Financial Institution and an empanelled Chartered Accountant.
Employment Criteria:
 The quantum of benefit sanctioned is determined by the proportion of Goan employees on payrolls:
If Goan employment is 60% or above, the entity receives 100% of the calculated benefit.
If Goan employment is more than 40% but less than 60%, the entity receives 80% of the calculated benefit.

Conditions
The entity must grant free access to any official authorized by the Directorate of Industries, Trade and Commerce for conducting inspection/supervision of the unit or the registers or holding discussions with the employed employees for ensuring proper utilization of the financial incentives/subsidies granted.
The entity must submit all necessary reports, information, and documents specified under the scheme or as required or directed by the Directorate of Industries, Trade and Commerce (DITC) time to time or as and when required.
The entity must ensure that the information and documents submitted are correct, otherwise, if found incorrect or false, the financial incentive shall be revoked.
The entity undertakes to refund 10 times the concessions claimed if the benefits were obtained by misrepresentation of facts or in case of misuse.


Eligibility Criteria:
- The applicant must not be classified as a Mega Project.
- The applicant must own a business unit in Goa.
- The applicant must provide Logistics and Warehousing services in Goa.
- The applicant must be a Logistics and Warehousing services provider, as the categories of business activities listed in Annexure-XI are exhaustive.
- The applicant must have a Permanent Account Number (PAN).
- The applicant must regularly file Income Tax Returns in the name of the legal entity.
- The applicant must be in continuous operations for a minimum period of six months post the date of notification of Logistics and Warehousing Policy 2023.
- The applicant must have incurred the expenses post the date of launch of the Logistics and Warehousing Policy 2023.
- The applicant must provide a minimum of 40% local employment.
- The applicant must submit claims in the prescribed application form (ANNEXURE-II) through the Goa Online Portal.
- The applicant must ensure that the unit was not set up with second-hand machinery.
- The applicant must ensure that the value of plant, machinery, and equipment procured has not previously enjoyed any incentives under any earlier incentive schemes.

##### ***Minimum Land Area Requirements (Must be met at time of application/claim)***

- The applicant must have a minimum land area of 1 Acre for Logistics Park, Inland Container Depot, or Container Freight Stations.
- The applicant must have a minimum land area of 1,000 square meters for Air Freight Stations, Warehouses, or Truck Terminals.
- The applicant must have a minimum land area of 200 square meters for Cold Storage or Testing Facilities.

##### ***Minimum Land Area Requirements (For Special Categories)***

- The applicant must have a minimum land area of 1 Acre for Logistics Park, Inland Container Depot, or Container Freight Stations if constructed in Backward Talukas OR owned by Women Entrepreneurs/Entrepreneurs belonging to Schedule Caste/Schedule Tribe Communities.
- The applicant must have a minimum land area of 1,000 square meters for Air Freight Stations if constructed in Backward Talukas OR owned by Women Entrepreneurs/Entrepreneurs belonging to Schedule Caste/Schedule Tribe Communities.
- The applicant must have a minimum land area of 500 square meters for Warehouses or Truck Terminals if constructed in Backward Talukas OR owned by Women Entrepreneurs/Entrepreneurs belonging to Schedule Caste/Schedule Tribe Communities.
- The applicant must have a minimum land area of 100 square meters for Cold Storage or Testing Facilities if constructed in Backward Talukas OR owned by Women Entrepreneurs/Entrepreneurs belonging to Schedule Caste/Schedule Tribe Communities.