MINUTES OF THE 20 th SLC MEETING HELD ON 31/01/2018 AT 03:00 PM IN THE CONFERENCE HALL OF COMMISSIONERATE OF INDUSTRIES, CHIRAG ALI LANE, ABIDS, HYDERABAD-TELANGANA STATE The list of the Members who attended the meeting is appended. Agend a Item Brief Description of the Issue Decision of the Committee 1 Confirmation of the Minutes of the previous Meeting held on 10/01/2018. The SLC has confirmed the Minutes of the previous Meeting held on 10/01/2018. 2 Follow up action on the minutes of the previous Meeting held on 10/01/2018 Noted 3 IIPP 2005-10, IIPP 2010-15 & T–IDEA Schemes – Sanction of Investment subsidy, 100% Reimbursement of Stamp Duty, Reimbursement of Pavala Vaddi, Reimbursement of Sales Tax and Reimbursement of Power cost - Regarding. ***** The Verification / Scrutiny Committee of Investment Subsidy in its meetings held on 31-01-2018 has verified / Scrutinized (13) claim applications of Investment Subsidy, (03) claim applications of 100% Reimbursement of Stamp Duty, (52) claim applications of reimbursement of Pavala Vaddi, (21) claim applications of reimbursement of Sales Tax, and (55) claim applications of reimbursement of power cost as per the Guidelines under respective schemes and recommended for sanction of The SLC has examined the recommendations of the Verification / Scrutiny Committee and decided to sanction eligible incentives / concessions to the industrial units as mentioned below under various schemes: 1. Investment Subsidy: Sanctioned investment subsidy to (13) units under IIPP 2010-15 /T-IDEA Schemes and the list is appended as Annexure – I 2. 100% Reimbursement of Stamp Duty sanctioned to (03) units under IIPP 2010-15 /T-IDEA Schemesand the list is appended as
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MINUTES OF THE 20 th SLC MEETING HELD ON 31/01/2018 AT 03:00 PM
IN THE CONFERENCE HALL OF COMMISSIONERATE OF INDUSTRIES,CHIRAG ALI LANE, ABIDS, HYDERABAD-TELANGANA STATE
The list of the Members who attended the meeting is appended.
Agenda
ItemBrief Description of the Issue Decision of the Committee
1 Confirmation of the Minutes of the previous Meeting held on 10/01/2018.
The SLC has confirmed the Minutes of the previous Meeting held on 10/01/2018.
2 Follow up action on the minutes of the previous Meeting held on 10/01/2018
Noted
3 IIPP 2005-10, IIPP 2010-15 & T–IDEA Schemes – Sanction of Investment subsidy, 100% Reimbursement of Stamp Duty, Reimbursement of Pavala Vaddi, Reimbursement of Sales Tax and Reimbursement of Power cost - Regarding.
*****
The Verification / Scrutiny Committee of Investment Subsidy in its meetings held on 31-01-2018 has verified / Scrutinized (13) claim applications of Investment Subsidy, (03) claim applications of 100% Reimbursement of Stamp Duty, (52) claim applications of reimbursement of Pavala Vaddi, (21) claim applications of reimbursement of Sales Tax, and (55) claim applications of reimbursement of power cost as per the Guidelines under respective schemes and recommended for sanction of eligible Incentives / Concessions to the units. The Minutes of Verification / Scrutiny Committee of Investment Subsidy and Sales Tax are appended as Annexure –I, II, III.
ABSTRACT
S No General Incentives
No of units
Amount(in
The SLC has examined the recommendations of the Verification / Scrutiny Committee and decided to sanction eligible incentives / concessions to the industrial units as mentioned below under various schemes:1. Investment Subsidy:
Sanctioned investment subsidy to (13) units under IIPP 2010-15 /T-IDEA Schemes and the list is appended as Annexure – I
2. 100% Reimbursement of Stamp Duty sanctioned to (03) units under IIPP 2010-15 /T-IDEA Schemesand the list is appended as Annexure – II.
3. Reimbursement Interest Subsidy (PAVALA VADDI SCHEME)sanctioned to (52) units under IIPP 2010-15 /T-IDEA Schemes and the list is appended as Annexure – III.
4. Reimbursement of Sales
:: 2 ::
Rupees )1
AInvestment subsidy 13 27322380
B Stamp Duty 3 8720
cSales Tax 21 68295713
Total 37 95626813
Or Say Rs. 9.56 Cr2 Pavala Vaddi 52 33626506
Total 52 33626506
Or say Rs.3.36 Cr3 Reimbursement of
Power Cost 55 63480313
Total 55 63480313
Or say Rs. 6.34 Cr
Grand Total 144 Rs. 19.27Cr
The Verification / Scrutiny Committee of Investment Subsidy and Sales Tax have recommended for sanction of eligible Incentives/concessions to the units as mentioned below.I.A Investment subsidy
Sl. No.
Appraisal
No. of SVC
Meeting
Name & Address of
the Unit
Date of receipt
Scheme
Recommended
Amount
Financial Institutio
n
1 1
M/s. Sri Vasavi Shrink Film, 616/P, Pudoor (V), Medchal (M), Medchal-Malkajgiri District
14-12-2017
T-IDEA
Rs. 30,00,000/- (Rupees Thirty Lakhs only)
The Cosmo Co-op bank Bank Limited, Nacharam
2 5
M/s Bhuvana Stones Crushers, Sy.No. 373/2, 373/3, Suvarnapuram (V), Mudigonda (M), Khammam District
09-01-2018
T-IDEA
Rs. 30,00,000/- (Rupees Thirty Lakhs only)
APSFC, Khammam Br.
3 4 M/s Sri Vijay 11-01- T- Rs. AP.
Tax Sanctioned reimbursement of Sales Tax to (21) units IIPP 2010-15 /T-IDEA Schemes. The list is appended as Annexure – IV.
5. Reimbursement of Power cost: Sanctioned the reimbursement of power cost to (55) units under IIPP2010-15 /T-IDEA Schemesand the list is appended as Annexure – V.
:: 3 ::
Durga Granites, Sy.No. 42/A, Khazipur (V), Karimnagar (M) & District
2018 IDEA
20,00,000/- (Rupees Twenty Lakhs only)
Mahesh Cooperative Urban Bank Ltd, Vanasthalipuram, Br.
Rs. 94,535/- (Rupees Ninety Four Thousand Five Hundred and Thrity Five only)
17.5
M/s Maha Laxmi Industry, Sy.No. 455/23/1, Laxmipuram, Burgampahad, Kothagudem
25-01-2018 T-IDEA
Rs. 4,88,799/- (Rupees Four Lakhs Eighty Eight Thousand Seven Hundred and Ninety Nine only)
18.10
M/s Lakshmi Packaging Industries, Plot No.93, IDA, Phase-III, Pashamilaram (V), Patancheru (M), Sangareddy District
25-01-2018 T-IDEA
Rs.3,98,842/- (Rupees Three lakhs Ninety Eight thousand Eight hundred and Forty Two only)
19.13
M/s. Sai Balaji Industries, Sy No. 327, Kataram [V&M], Jayashankar Bhupalpally District
25-01-2018 T-IDEA
Rs. 81,77,599/- (Rupees Eighty One Lakhs Seventy Seven Thousand Five Hundred and Ninety Nine Only)
20.14
M/s. Venkateshwara Industries, Sy No. 308/A, 308/B, 308/C, Obulakeshavapuram [V], Jangaon District
25-01-2018 T-IDEA
Rs. 58,29,125/- (Rupees Fifty Eight Lakhs Twenty Nine Thousand One Hundred and Twenty Five Only)
21. 9 M/s Sri Vaibhav Muruga Agro Tech Industries, Sy. No. 38/A,
29-01-2018
IIPP 2010-
Rs.25,39,200/- (Rupees Twenty Five
:: 13 ::
Yarraram (V) Andole (M), Sangareddy District
15
lakhs Thirty Nine thousand and Two hundred only)
REIMBURSEMENT OF POWER COST:
The Verification / Scrutiny Committee of Reimbursement of Power cost in its meeting held on 31/01/2018 claim applications of Reimbursement of Power cost (55) cases under IIPP - 2005 -10, IIPP 2010-15 & T-IDEA. The Verification / Scrutiny Committee of Reimbursement of Power cost has recommended for sanction of Reimbursement of Power cost to the units. The Minutes of Verification / Scrutiny Committee of Reimbursement of Power cost is appended Annexure – III. The Verification / Scrutiny Committee of Reimbursement of Power cost has recommended for sanction of Reimbursement of Power cost to the units as mentioned below:
The Verification / Scrutiny Committee of Investment Subsidy in its 20thmeeting held on Dated: 31-01-2018 has Verified / Scrutinized (SCP & BCC – 60 , PHC - 08& TSP – 33 = Total -101) claim applications of Investment Subsidy, (52) claim applications of Pavala Vaddi (SCP -28,PHC – 03 & TSP -21), and (02) claim applications of Power Cost (SCP -01& TSP –01) under respective schemes and recommended for sanction of eligible Incentives / Concessions to the units. The Minutes of Verification / Scrutiny Committee of Investment Subsidies is appendedas Annexure-I. The details are
The SLC has examined the recommendations of the Verification / Scrutiny committed and decided to sanction eligible incentives / concessions to the industrial units as mentioned below under various schemes:
1. Investment Subsidy: Sanctioned investment subsidy to (SCP -60, ST-33 & PHC -08) units to SCSP / TSP/PHC enterprises under IIPP 2010-15 & T-PRIDE Schemes and the list is appended as Annexure – VI,VII,VIII2. PavalaVaddi: Sanctioned
interest subsidy under Pavala Vaddi to (SC-28, TSP-21 and
:: 21 ::
as follows:
A). Incentives SCSP/BCC TSP PHC
Sl. No.
Type of Incentive
No.
of Cases
Amount in Rs.
No.
of Cases
Amount in Rs.
No.
of Cases
Amount in Rs.
1 Investment Subsidy
60 62604140
33 30355417
08 8083085
2 PavalaVaddi
28 3168130
21 1722337
03 375393
TOTAL: 88 65772270
54 32077754
11 8458478
B). Power SCSP TSP PHC
Sl. No.
Type of Incentive
No.of Cases
Amount in Rs.
No.of Cases
Amount in Rs.
No.of
Cases
Amount in Rs.
1 Reimbursement of Power Cost
01 34840 01 931550 00 00
TOTAL: 01 34840 01 931550 00 00
A B S T R A C T ( SCP,TSP&PHC)(Rs. In Crores)
A) Incentives (Investment Subsidy, Stamp Duty , Sales Tax& BIS/ISO)
101 101042642
B) PavalaVaddi 52 5265860C) Reimbursement of Power
Cost 02 966390 GRAND TOTAL: 155 107274892
The Verification / Scrutiny Committee of Investment Subsidy has recommended for sanction of eligible Incentives/ Concessions to the units as mentioned below:
T-PRIDE Rs. 23,17,240/- (Rupees Twenty Three Lakhs Seventeen Thousand Two Hundred
State Bank of India, Kollur
PHC-03) units to SCSP/TSP under IIPP 2010-15 & T-PRIDE and the list is appended as Annexure – IX,X,XI.
3. Reimbursement of Power Cost: Sanctioned reimbursement of Power Cost to (SC – 01 & ST – 01)units to SCSP/TSP under IIPP 2010-15 & T-PRIDE and the list is appended as Annexure – XII, XIII.
Rs 2,00,879/- (Rupees Two Lakhs Eight Hundred and Seventy Nine Only)
2.
M/s Kistaiah Earth Movers, 3-5-316/28/1, Ramagundam, Peddapalli
19/01/2018 T-PRIDE
Rs 1,62,928/- (Rupees One Lakh Sixty Two Thousand Nine Hundred and Twenty Eight Only)
3.
M/s Kistaiah Earth Movers, 3-5-316/28/1, Ramagundam, Peddapalli
19/01/2018 T-PRIDE
Rs 11,586/- (Rupees Eleven Thousand Five Hundred and Eighty Six Only)
VIII. REIMBURSEMENT OF POWER COST:
The Verification / Scrutiny Committee of Reimbursement of Power Cost in its meeting held on 31-01-2018 has verified / Scrutinized the Two (02) claim applications of SCP – 01 Nos and TSP – 01 Nos Entrepreneurs for Reimbursement of Power Costunder IIPP-2010-15 & T-PRIDE scheme and recommended for sanction of reimbursement of Power cost.
The Minutes of Verification / Scrutiny Committee of Reimbursement of Power Cost are appended Annexure-III.POWER COST – SCP
Rs. 34,840/- (Rupees Thirty Four Thousand Eight Hundred and Forty only)
POWER COST – TSP
:: 38 ::
S. No.
Name & Address of the Unit
Date of Receipt in COI
Scheme
Amount Recommended
1
M/s Om Shiva Paraboiled Rice Mill, 113/A1, 113/E2 & 113/E41, Juvvadi, Gandhari, Kamareddy
30/12/2017
IIPP 2010-
15
Rs 9,31,550/- (Rupees Nine Lakhs Thirty One Thousand Five Hundred and Fifty Only)
The SLC may sanction the above amounts to the units towards various Incentives under IIPP 2005-10, 2010-15 & T-PRIDE Schemes.
4 NOTE ON RELEASE OF SANCTIONED INCENTIVES / CONCESSIONS TO THE
UNITS AS ON 29.1.2018
I. General Incentives
Government has sanctioned an amount of Rs. 11,02,59,000/- (Rupees eleven crores two lakhs and fifty nine thousands only) towards Incentives for Industrial Promotion under the General schemes plan from the BE Provision 2017-18 under the Head of accounts 2851-00-800-25-SH(08)-310-312 and 2852-80-800-25-SH(04)-310-312 vide GO Rt No. 7 dt. 22/1/2018 of Industries & Commerce (IP & INF) Department.
The process of preparation of bills for obtaining LOC from DTO, Hyderabad is underway. Subsequent to receipt of LOC necessary release orders will be issued.
BRO has been issued for an amount of Rs. 100,00,00,000/- (Rupees one hundred crores only) towards Incentives for Industrial Promotion under the General schemes plan from the BE Provision 2017-18 under the Head of accounts 2851-00-800-25-SH(08)-310-312 vide GO Rt No. 18 dt. 10.01.2018 of Finance (EBS VII) Department.
The process of preparation of bills for obtaining LOC from DTO, Hyderabad will be taken up as and when administrative sanction is received.
The details of releases made and
SLC noted the status. The Chairman, SLC instructed the Member Convener,SLC /Additional Director of Industres to address a reminder letter to the Govt. requesting to relase balance budget provision in B.E.2017-18 and also to allocate additional budget to meet the pending demand for relase of sanctioned incentives.
:: 39 ::
pendency as on 29.1.2018 is as follows:
SLC Cases: Sanctions
made upto 19th SLC
and pending
for release
proceedings issued
for releases since last
SLC
Releases pending as
on 29.1.2018
Nature of Incentive Units Amt in Crores
Units Amt in Crores
Units Amt in Crores
Investment Subsidy
476 86.60 0 0 476 86.60
Reimbursement of Sales Tax
1227 749.95 0 0
1227 749.95
Reimbursement of Stamp Duty
114 6.25 0 0 114 6.25
Reimbursement of Land Cost
30 2.08 0 0 30 2.08
Reimbursement of Land Conversion charges
23 0.10 0 023 0.10
Reimbursement of Mortgage Duty
19 0.44 0 0 19 0.44
Skill Upgradation / Training
3 0.05 0 0 3 0.05
Total 1892 845.47 0 0 189
2 845.47
DLC Cases:
proceedings issued for
releases since last SLC
Releases pending as on 29.1.2018
Nature of Incentive
Units
Amount
Amt in
Crores
Units
Amount Amt in Crores
Total 0 0 0 144
181728466
18.17
II. Reimbursement of Power Cost (General)
Government has sanctioned an amount of Rs. 81,00,00,000/- (Rupees eighty one crores only) towards Incentives for Industrial Promotion under the General schemes plan from the BE Provision 2017-18 under the Head of account 2852-80-800-25-SH(13)-310-312 vide GO Rt No. 7 dt. 22/1/2018 of Industries & Commerce (IP & INF) Department.
:: 40 ::
The process of preparation of bills and obtaining LOC from DTO, Hyderabad is underway. Subsequent to receipt of LOC necessary release orders will be issued.
The details of releases made and pendency as on 29.1.2018 is as follows:
SLC Cases: Sanctions
made upto 19th SLC and pending for
release
proceedings
issued for
releases since last
SLC
Releases pending as
on 29.1.2018
Nature of Incentive
Units Amt in Crores
Units Amt in
Crores
Units Amt in Crores
Power Subsidy 2477
198.67
0 02477
198.67
DLC Cases: proceedings
issued for releases since last
SLC
Releases pending as on 29.1.2018
Nature of Incentive
Units Amount
Amt in
Crores
Units
Amount Amt in
Crores
Power Subsidy
0 0 063
2405362 0.24
III. Pavala Vaddi (General)
Government has sanctioned an amount of Rs. 10,50,00,000/- ( Rupees ten crores and fifty lakhs only) towards Pavala Vaddi for Industries under the General scheme from the BE Provision 2017-18 under the Head of account 2852-80-800-25-SH(14)-310-312 vide GO Rt No. 127 dt. 31/5/2017 of Industries & Commerce (IP & INF) Department;
Government has sanctioned an amount of Rs. 10,50,00,000/- ( Rupees ten crores and fifty lakhs only) towards Pavala Vaddi for Industries under the General scheme from the BE Provision
:: 41 ::
2017-18 under the Head of account 2852-80-800-25-SH(14)-310-312 vide GO Rt No. 189 dt. 28/08/2017 of Industries & Commerce (IP & INF) Department;
Letter of Credits for both the above sanctions are awaited from DTO, Hyderabad.
Government has sanctioned an amount of Rs. 31,50,00,000/- (Rupees thirty one crores fifty lakhs only) towards Incentives for Industrial Promotion under the General schemes plan from the BE Provision 2017-18 under the Head of account 2852-80-800-25-SH(14)-310-312 vide GO Rt No. 7 dt. 22/1/2018 of Industries & Commerce (IP & INF) Department.
The process of preparation of bills and obtaining LOC from DTO, Hyderabad is underway.
Subsequent to receipt of LOC necessary release orders will be issued.
The details of releases made and pendency as on 29.1.2018 is as follows:
SLC Cases: Sanctions
made upto 19th SLC and pending for
release
proceedings issued
for releases since last
SLC
Releases pending
as on 29.1.2018
Nature of Incentive
Units Amt in Crores
Units Amt in Crores
Units Amt in Crores
Pavala Vaddi
2054 150.68 0 0 2054 150.68
DLC Cases: proceedings
issued for releases since
last SLC
Releases pending as on
29.1.2018
Nature of Incentive
Units Amount Units
Amount
Units Amount
Pavala Vaddi
0 0 0 105 6920451 0.69
:: 42 ::
SUMMARY OF PENDING RELEASES (GENERAL SCHEME) AS ON 29.1.2018
Pending for
release
Type Units in Croresreleased upto
Date of SLC
Power SLC 2477 198.67 5th SLC part 25/5/2015DLC 63 0.24 Total 2540 198.91 Pavala Vaddi
SLC 2054 150.68 7th SLC 30/10/2015DLC 105 0.69 Total 2159 151.37 General
Investment Subsidy 476
86.604th SLC 05/03/2015
Sales Tax 1227
749.95100th SLC
part21/12/2013
Stamp Duty 114
6.254th SLC 05/03/2015
Land Cost 30
2.084th SLC 05/03/2015
Land Conversion 23
0.104th SLC 05/03/2015
Mortgage Duty 19
0.444th SLC 05/03/2015
Skill upgd / Training 3
0.05
4th SLC 05/03/2015
DLC 144 18.17 Total 2036 863.64 Grand Total 6735
1213.92
4A NOTE ON RELEASE OF SANCTIONED INCENTIVES / CONCESSIONS TO THE
UNITS AS ON 30/01/2018
SCSP – SLC CASES-Investment Subsidy (As on 30/01/2018 T he Government have allocated an amount of Rs. 6387.51 Lakhs towards incentives under SCSP for industrial promotion during the year 2017-18. The Government have issued BRO for Rs.4790.25 lakhs for the 1st
2nd,3rd quarter of 2017-18 and the same has been released.
The Government have issued BRO for the balance amount of Rs.1596.75 lakhs for the year 2017-18 vide G.O.Rt.No. 1527 Finance (EBSVII) Dept., Dt. 29/08/2017 LOCs are awaited.
The details of releases made and
The Chairman, SLC instructed the Member Convener, SLC /Additional Director of Industres to address a reminder letter to the Govt. requesting to relase balance budget provision in B.E.2017-18 and also to allocate additional budget to meet the pending demand for relase of sanctioned incentives.
The Government have allocated an amount of Rs. 2317.50 Lakhs towards Power subsidy during the year 2017-18. The Government have issued BRO for the 1st ,2nd and 3rd quarters of 2017-18 for Rs. 1738.12 Lakhs vide G.O.Rt.No. 1871 Finance (EBSVII) Dept., Dt. 21/11/2017. LOC is awaited.
The details of pendency as on 30/01/2018 is as follows:
The Government have allocated an amount of Rs 772.50 lakhs towards Extension of Pavala Vaddi Scheme to all SSI and Food Processing units during the year 2017-18. The Government have issued BRO for the 1st ,2nd and 3rd quarters of 2017-18 for Rs. 579.37 Lakhs vide G.O.Rt.No. 1871 Finance (EBSVII) Dept., Dt. 21/11/2017. LOC is awaited.
The details of releases and pendency as on 30/01/2018 is as follows:
SLC Cases: Sanctions
made upto 19th SLC and pending for
release
proceedings
issued for
releases from the available
funds
Releases pending as
on 30/01/2018
Nature of Incentive
Units Amt in
Crores
Units
Amt in
Crores
Units Amt in
Crores
Pavala Vaddi
182 3.13 -- -- 182 3.13
DLC Cases:
proceedings issued for
releases from the available
funds
Releases pending as on
30/01/2018
:: 45 ::
Nature of Incentive
Units
Amoun
t
Amount in Crores
Units
Amount Amt in
Crores
Pavala Vaddi
0 0 0 0 0 0
NOTE ON RELEASE OF SANCTIONED INCENTIVES / CONCESSIONS TO THE UNITS AS ON 30/01/2018
I. TSP – SLC CASES-Investment Subsidy
The Government has allocated an amount of Rs. 10659.39 Lakhs towards Incentives for Industrial Promotion Plan from the Provision B.E. 2017-18 under the head of account 2852-80-796-25-17-310-312 under STSDF. The Government have issued BROs for Rs. 5329.0 lakhs towards meeting the expenditure for the 1st, 2nd quarters vide G.O. Rt. No. 861of Finance (EBS.III) Dept., Dt. 11-04-2017and the same has been released. Further the Govt. released Rs. 5329.0 lakhs for 3rd& 4th quarters of 2017-18 vide G.O. Rt. No. 1875 of Finance (EBS.III) Dept., Dt. 21-11-2017. LOC is awaited.
The details of releases made and pendency as on 30.01.2018 is as follows:
SLC Cases: TSP
Scheme
Sanctions made up to
19th SLC and
pending for release
Proceedings issued
for releases since last
SLC
Releases pending as
on 30.01.2018
Units
Amt in
Crores
Units
Amt in
Crores
Units
Amt in
Crores
Investment Subsidy
945 103.77 0 0.0 945 103.7
750% Reimbursement of Sales Tax
7 0.73 0 0.0 7 0.73
Total: 952 104.50 0 0.0 952 104.
50
DLC Cases:
Proceedings issued Releases pending
:: 46 ::
for releases since last SLC as on 30.01.2018
Nature of Incentive
Units
Amount
Amount in Crores
Units
Amount
Amt in Crores
Total 0 0 0.0 1929
53862513
853.86
II. Reimbursement of Power Cost (TSP)
TSP –SLC CASES – POWER-(As on 30-01-2018)
The Government has allocated an amount of Rs. 1362.00 Lakhs towards Power subsidy for Industries under the head of account 2852-80-796-25-18-310-312 under STSDF during the year 2017-18. The Government has issued BROs & Administrative sanction for the 1st, 2nd and 3rd quarters of 2017-18 for an amount of Rs. 102.15 Lakhs. LOC is awaited.
The details of Releases and pendency as on 30.01.2018 is as follows:
SLC Cases:
Sanctions made up to
19th SLC Pending Release
Proceedings
issued for
releases since last
SLC
Releases pending as
on 30.01.2018
Nature of Incentive
Units Amt in
Crores
Units
Amt in
Crores
Units Amt in
Crores
Power Subsidy 15 0.63 00 0.0 15 0.63
DLC Cases:
Proceedings issued for releases since
last SLCReleases pending as on 30.01.2018
Nature of Incentive
Units
Amount
Amt in
Crores
Units
Amount
Amt in
Crores
Total 0 0 0.0 0 0 0
III. Pavala Vaddi (TSP)
TSP –SLC CASES – PAVALA VADDI -(As on 30-01-2018)
:: 47 ::
The Government has allocated an amount of Rs. 454.00 Lakhs towards Extension of Pavala Vaddi Scheme all SSI and Food Processing units under the head of account 2852-80-796-25-16-310-312 under STSDF during the year 2017-18. The Government has issued BROs & Administrative sanction for the 1st, 2nd& 3rdquarters of 2017-18 for an amount of Rs. 340 Lakhs. LOC is awaited.
The details of releases and pendency as on 30.01.2018 is as follows:
SLC Cases:
Sanctions made up to
19th SLC and pending for release
Proceedings
issued for
releases since last
SLC
Releases pending as
on 30.01.2018
Nature of Incentive
Units Amt in
Crores
Units
Amt in
Crores
Units Amt in
Crores
Pavala Vaddi 72 1.36 00 00 72 1.36
DLC Cases:
Proceedings issued for
releases since last SLC
Releases pending as on 30.01.2018
Nature of Incentive
Units
Amoun
t
Amount in Crores
Units
Amount Amt in
Crores
Pavala Vaddi
0 0 0.0 0 0 0
Summary of Pending releases under SCP as on 30/01/2018
SC Sub Plan
Pending releases Investment
Subsidy/Sales Tax up to 30/01/2018
Releases made upto
RemarksNo. of Units sanctio
Amount sanct
Amount Rs. In
:: 48 ::
ned ioned in Rs.
Crores
SLC 1687 22060760
91
220.60
Part of 9th SLC, Dated: 22.04.2016
During the year 2017-18, the Govt. have allocated an amount of Rs. 63.87 Crores towards incentives under SCSP. The Government have issued BRO for 1st, 2nd, 3rd qtr i.e. Rs. 47.90 Crores.
Accordingly, release proceedings were issued for Rs. 47.90 Crores for the sanctioned cases covering up to a part of 9th SLC (SLC sanctioned cases) 22/04/2016 and DLC up to 10/08/2016 (DLC sanctioned cases).
The Government has issued BRO for Rs. 1596.75 Lakhs LOCs are awaited.
The remaining pending demand will be released as soon as the balance Budget received from the Govt. for the year 2017-18.
DLC 1806 53907303
2
53.91 Up to 10/08/2016
Total 3493 27451491
23
274.51
Pending Power Cost Sanctioned up to
30/01/2018
SLC 14 2100220
0.21 15th SLC Dated: 12/09/2017
The Government has issued BRO for 1st ,2nd
and 3rd quarter of 2017-18. LOC is awaited.
DLC -- -- -- No case is pending as on 30/01/2018
Total -- -- --
Pavala Vaddi Sanctioned up
30/01/2018
SLC 182 31337956
3.13 15th SLC Dated: 12/09/2017
The Government has issued BRO for 1st , 2nd and 3rd quarter of 2017-18. LOC is awaited.
DLC -- -- -- No case is pending as on 30/01/2018
Total 3689 27785872
99
277.85
:: 49 ::
SUMMARY OF PENDING RELEASES UNDER TSP AS ON 30-01-2018
Type Pending for release Released upto Date of SLC
Power Units In Crores SLC 15 0.63
15th SLC, Dated: 12.09.2017
DLC 0 0.0Total 15 0.63 Pavala Vaddi Units In Crores SLC 72 1.36
15th SLC, Dated: 12.09.2017 DLC 0 0.0
Total 72 1.36 General (SLC) Units In Crores Investment Subsidy
945103.77
SLC Cases
Industries Sector -- Released up to 13th SLC
Service Sector &Transport Sector -- Released up to 8th SLC
Dated: (30- 03-2017)
Dated :(08-01-2016)
Sales Tax 07 0.73Stamp Duty
0 0.0
Land Cost 0 0.0Land Conversion
0 0.0
Mortgage Duty
0 0.0
Skill upgd / Training
0 0.0
Total 952 104.50General (DLC) Units In Crores
Investment Subsidy
1929 53.86 DLC Cases
Industries Sector -- Released up to 13th SLC
Service Sector &Transport Sector -- Released up to 31-08-2015
Dated :(30-08-2015)
31-08-2015
Grand Total
2968 160.35
5 STATUS REPORT ON THE PROPOSALS SENT TO THE
GOVERNMENT AS ON 29/01/2018.
****
The Government have issued the orders against each item/issue and also action taken on the orders of Government are as follows:
Sl. No.
Date of SLC Meetin
g
Subject & SLC Decision
Statues of the issue
Action taken
1 21/12/13 IIPP 2005-10 & IIPP – 2010-15 – Sanctioned Investment Subsidy to the industrial units under IIPP – 2005-2010
In a meeting on “SLC issues at the Government level “held on
The Govt. has been addressed vide Lr. No. 30/2/2013/102
The SLC directed the Member Convener, SLC / Additional Director of Inds. to follow up the matter with the Govt. for clearance of these issues at an early date.
:: 50 ::
& IIPP 2010-15 Schemes by the SLC subject to production of HMDA / DTCP approval – Release the sanctioned Investment Subsidy without insisting the HMDA / DTCP approval – Guideline proposed – Reg.
*** The issue pertaining to release of sanctioned investment subsidy to the industrial units without insisting for HMDA / DTCP approvals under IIPP 2005-10 and 2010-15 scheme has been placed before SLC in its meeting held on 31/10/2013 and the decision of SLC is as follows:
“The SLC discussed the issue in detail and decided to recommend the issue to the Government with full details and guidelines”
As per the decision taken by the SLC, the following guidelines are proposed for releasing the sanctioned incentives to the industrial units without insisting for HMDA / DTCP approvals.
The unit should obtain the building plan approval from Gram Panchayat / Municipality concerned, since they have started the construction of their unit which is prior it came under the purview of HMDA / DTCP.
The unit should have been in continuous production at least 2 years from the Date of Commencement of Commercial production to be eligible for disbursement of sanctioned investment subsidy.
However, the recovery of sanctioned and disbursed incentives will be as per the para 26 of IIPP 2010-15 operational guidelines.
The unit should obtain all statutory approvals like CFO from APCCB, approval from Factories Department etc.,
The unit should pay the property tax and sales tax regularly to the Government.
If, the above departments / organizations insist for approvals to run the unit as per their norms, the unit should obtain approvals and run the unit at least 6 years from DCP
SLC Decision
The SLC has decided to
01-09-2014 in the chambers of the Special Chief Secretary to Govt. & CIP Industries & Commerce Dept., and the decision recorded in the minutes of the above meeting is as follows;
The release of sanctioned investment subsidy can be considered if:
The unit has gone into production before Master plan of HMDA
and
Approval for change of land use is obtained from the competent authority.
54/10254/ID dt: 05-09-2015 with a request to issue executive orders in the matter.
A reminder request has been sent to Govt. vide Lr. 30/2/2013/10254/10254/ID dt: 08-12-2017.
Reply from Govt. is awaited.
Further, a reminder letter has been sent to Govt. vide Lr. No.30/2/2013/10254/10254/ID Dated.08/12/2017 while reiterating all the pending issues with the Govt. and with a request to issue suitable orders.
:: 51 ::
recommend the case to Government.
Accordingly, the proposals were recommended to the Government vide letter No. 10/C/13/2654/2654, dated: 07/01/2014.
2 23/12/14 Target 2000 Scheme - M/s. Marvel Weaves Ltd., Mahabubnagar District - To accord permission to pay an amount of Rs. 43,05,506/- towards Deferment of Sales Tax liability in one instalment and exemption of interest on Sales Tax Deferment payable to the Sales Tax Department - Regarding.
***
The Executive Director of APSFC has informed that the APSFC and APIDC has extended financial assistance to M/s. Marvel Weaves Ltd. To set up a unit for manufacture of canvas cloth at Inumulnarva, Mahabubnagar District. It is informed that the company has committed defaults in repayment of dues, the unit was seized and advertised for sale under section 29 of SFC Act and finally the offer received in response to 11th
advertisement was approved for sale consideration of Rs. 241.00 lakhs.
The Commercial Tax Officer, Ameerpet, Hyderabad has informed to the Corporation, the company has sales tax deferment arrears of Rs. 43,05,506/- (deferment tax for the period 2000-01 to 2002-03) and requested the Corporation to earmark the same from the sale proceeds and remit the same to the Commercial Tax Officer. The Corporation has informed the same to APIDC for their consent to keep the said amount aside for remitting the same to Commercial Taxes Department.
It is informed that the Commercial Tax Officer has requested the Corporation to pay the
Accordingly, the proposal were recommended to the Government vide letter No. 20/1/14/3146/3146, dated 16/01/2015.
Government Orders are awaited.
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said amount of Rs. 43,05,506/- along with @ 21.50% p.a. amounting to Rs. 98,91,092/- totaling to Rs. 1,41,96,598/-.
In this connection, the Corporation has informed that the captioned unit has the following dues payable to both the institutions as on 31/10/2013 with interest w.e.f. 01/11/2013.
Further APSFC has stated that the both the Corporations are sacrificing the huge amounts on this account.
The Company has availed deferment of sales tax to the tune of Rs. 43,05,506/- and is required to pay in 14 yearly installments w.e.f. January, 2014 without paying any interest.
In this regard, the Corporation has informed that the defunct unit was seized and both the Corporations are sacrificing huge amounts.
The Corporation has requested to issue a letter advising the Commercial Tax Officer, MG Road Circle, Ameerpet, Hyderabad to exempt from the interest, so that the principal amount of Rs. 43,05,506/- could be paid in one installment.
In view of the above, Permission may accord to pay an amount of Rs. 43,05,506/- towards Deferment of Sales Tax liability in one installment and exemption of interest on Sales Tax Deferment payable to the Sales Tax Department.
SLC may take a view.
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SLC DecisionThe SLC discussed the issue in detail and as the APSFC has agreed to pay the Sales Tax deferment amount of Rs.43,05,506/- will paid to Commercial Tax Officer, Ameerpet, Hyderabad and regarding the payment of interest on the amount of Rs.43,05,506 at the rate of Rs.21.50% worksout to Rs.1,41,96,598/- and the same is requested by APSFC for exemption.
The SLC recommended to Government for issuing necessary orders on the waiver of interest on the Sales Tax Deferment amount of Rs.43,05,506/-, which works out to Rs.1,41,96,598/-.
3 17/12/16 T-IDEA – Incentives – Setting up of New Textile Industry in Telangana – Request for making Dyeing and Printing eligible for Sanction reimbursement of Interest Subsidy @ 6% to their proposed Textile Industry in Telangana State - Regarding.
****
M/s VijayaAnand Textile Mills Pvt. Ltd., Hyderabad vide his letter Dt. dt: 14-09-2015 has informed that they are planning to set up a Textile Industry (Dyeing and Printing) at Pochampally (M), Nalgonda District with an Investment of Rs. 25 Crores. The industry provides employment of 200 People approx.
Further, unit holder has informed that G.O.Ms.No. 28, which provides the incentives for setting up of a new industry in G.O. Clause 4.9.0 Textile Sector, it is mentioned that the interest Subsidy of 6% on dyeing of Textiles.
Therefore, the unit holder requested the Commissioner of Industries, whether their industry is eligible for the Interest Subsidy of 6% so that we can proceed with setting up of his Industry and other states like Gujarat and Maharashtra are providing incentives of 7-8% interest and
As per the decision of SLC in its meeting held on 17-12-2016 a proposal has been recommended vide 30/1/2016 /29840 dt: 03-01-2017 to the Government with a request to issue clarification on applicability of reimbursement of interest subsidy @ 6% announced to Industries involved in composite activities i.e., Spinning and weaving/ Knitting/ Dyeing/ Garmenting (excluding ginning) at para 4.9.0 (C) of operational guidelines of T-IDEA Scheme also to the units engaged in single activities like Dyeing , weaving etc. as the phrasing of the sentence composite activities i.e., Spinning and weaving/ Knitting/ Dyeing/ Garmenting with “(/)” between the activities is leading to confusion and lacking clarity
Government Orders are awaited.
:: 54 ::
35 % subsidy on capital.
In this connection, it is submitted that as per the G.O. Ms. No. 28 of Inds. & Comm. (IP & INF) Department, Dt. 29/11/2014 the following benefits are being offered to the Textile Sector:
4.9.0 Textile Sector
(A) The State will provide reimbursement of interest subsidy to spinning /textile industries in addition to the TUF Schemes.
(B) Reimbursement of interest subsidy @ 4% for spinning activity (excluding Ginning) for period of (5) years from the Date of Commencement of Commercial Production.
(C) Reimbursement of interest subsidy @ 6% for Industries involved in composite activities i.e., Spinning and weaving/ Knitting/ Dyeing/ Garmenting (excluding ginning) for a period of (5) years from the Date of Commencement of Commercial
to decide the eligibility of single activities such as Dyeing etc.
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Production.
(D) The total interest subsidy including under TUF Scheme should not exceed the rate of interest levied by Financial Institutions on the sanctioned and disbursed term loan to the unit.
Since, the captioned unit’s line of activity is only “Dyeing and Printing”, but not the eligible composite activities such as i.e. “Spinning and weaving/Knitting/Dyeing/Garmenting” or “Spinning” alone to become eligible for reimbursement of Interest Subsidy.
Hence, the proposed line of activity “Dyeing and Printing” of the Captioned textile industry, is not eligible for Interest Subsidy reimbursement under T-IDEA Scheme 2014.
But, it is a fact that the following Government’s are providing reimbursement of Interest Subsidy:
Government of Andhra Pradesh is offering ‘8%’ for weaving (with or without preparatory) Dyeing & Processing, Knitting, Garment/Made-ups Machine Carpeting, Machine Embroidery, technical textiles and any other activities/process like crimping, texturizing, twisting, winding, sizing etc. in Textiles & Apparel Policy 2015-20 issued vide G.O. Ms. No. 32, Industries & Commerce (IP & INF) Department, Dated: 29/04/2015.
Government of Maharashtravideresolution No. 2012/CR/257/Tex-2, Dt. 21/02/2014 is offering Interest Subvention of 7% for Spinning Mill, Garmenting, Ginning, Pressing
:: 56 ::
and Processing and offering 6% to technical textile units and composite units (Ginning, Spinning, Weaving and Processing) and also offering 5% to all other textile units.
In respect of the request made by M/s. Salguti Industries Ltd., to consider the line of activity “Weaving” alone for sanction of reimbursement of Interest Subsidy was submitted to Government for taking necessary action vide this Office Lr. No. 30/1/2016/29218, Dt. 23-11-2016 for issue suitable orders in the matter, which are still awaited.
In view of the receipt of the various representations from the Textile Industries which are not engaged in composite activity but in the activities like “weaving, dyeing etc.,” to extend the reimbursement of interest subsidy under T-IDEA scheme and as per para 28.0 of T-IDEA Scheme Operational guidelines any such matters which is outside the scope of SLC in regard to implementation of the Scheme such matters shall be referred to the Government, hence the matter was placed before SLC for taking a view before referring the matter to the Government.
The SLC in its meeting held on 17-12-2016 discussed the issue in detail and decided to request the Government to issue clarification on applicability of reimbursement of interest subsidy @ 6% announced to Industries involved in composite activities i.e., Spinning and weaving/ Knitting/ Dyeing/ Garmenting (excluding ginning) at para 4.9.0 (C) of operational guidelines of T-IDEA Scheme also to the units engaged in single activities like Dyeing , weaving etc. as the phrasing of the sentence composite activities i.e., Spinning and
:: 57 ::
weaving/ Knitting/ Dyeing/ Garmenting with “(/)” between the activities is leading to confusion and lacking clarity to decide the eligibility of single activities such as Dyeing etc.
4 17/12/16 T-PRIDE – TSP(W) - Sanction of Investment Subsidy prior to Date of Commencement of Production (DCP) to M/s. Jayalaxmi Readymade Garments, Sy. No. 468/1/A, Maripeda Banglaw(V&M), Warangal District.
*********
The General Manager, District Industries Centre, Warangal has forwarded the proposals of M/s. Jayalaxmi Readymade Garments, Sy.No. 468/1/A, Maripeda Banglaw(V&M), Warangal District for sanction of Investment Subsidy prior to Date of Commencement of Production for the line of activity “Readymade Garments ”
The details of the Project Cost of the unit as recommended by GM is as follows
1.
Project Cost
2.
Expected Date of Commencement of Production
3.
Proposed Project Cost as recommended by General Manager, District Industries Center, Warangal District
4.
Loan Sanctioned By Indian Over Seas Bank, Shyampet, Warangal
Therefore, the eligibility of the unit for the sanction of investment subsidy (1st installment) prior to Date of Commencement of Production(DCP) for the project cost calculated as per guidelines is as follows:
1.
Project Cost Calculated
2.
Eligible Investment Subsidy @ 35% of the Project Cost (Max. 75.00
As per the decision of the SLC in its 12th meeting held on 17-12-2016, the issue has been recommended to the Government vide letter No. 39/2/2016/29022, Dated: -01-2017 with a request to issue orders limiting the investment on land and building together to 35% of the total fixed capital investment of the project in respect of Readymade Garment units under T-PRIDE Scheme to discourage the small units going for large investment on building with an intention to claim more Subsidy there by affecting the viability of the unit.
Government Orders are awaited.
:: 58 ::
Lakhs)3.
Additional Subsidy @ 10% of the Project Cost for Women Entrepreneur (Max. 10.00 Lakhs)Total Eligible Subsidy
4.
1st Installment of Investment Subsidy prior to DCP (35% of Eligible Subsidy) 1st Installment
The unit has been placed before the DIPC meeting held on 23.08.2016 and the DIPC recommended for sanction of eligible Investment Subsidy prior to DCP towards 1st
installment. Copy of the DIPC meeting minutes furnished by GM.
Therefore, the proposal was placed before State Level Committee (SLC) to take a decision for sanction of 1st
installment of investment subsidy prior to DCP to the captioned unit for Rs. 18,62,700/-
The SLC in its 12th
meeting dated 17-12-2016 ,decided to recommend to the Government for limiting the investment on land and building together to 35% of the total fixed capital investment of the project in respect of Readymade Garment units under T-PRIDE Scheme to discourage the small units going for large investment on building with an intention to claim more Subsidy there by affecting the viability of the unit.
5 17/12/16 T-PRIDE – TSP(W) - Sanction of Investment Subsidy prior to Date of Commencement of Production (DCP) to M/s. K.S.V. Readymade Garments, S.No. 502/A, Near Goshala,Bhagat Nagar(V),Thorrur(M), Warangal District.
*********
The General Manager, District Industries Centre, Warangal has forwarded the proposals of M/s. K.S.V. Readymade
As per the decision of the SLC in its 12th meeting held on 17-12-2016, the issue has been recommended to the Government vide letter No. 39/2/2016/23722, Dated: -01-2017 with a request to issue orders limiting the investment on land and building together to 35% of the
Government Orders are awaited.
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Garments, S.No. 502/A, Near
Goshala,Bhagat Nagar(V),Thorrur(M),Warangal District for sanction of Investment Subsidy prior to Date of Commencement of Production for the line of activity “Ready Made Garments”
The details of the Project Cost of the unit as recommended by GM is as follows
1.
Project Cost
2.
Expected Date of Commencement of Production
3.
Proposed Project Cost as recommended by General Manager, District Industries Center, Warangal District
4.
Loan Sanctioned By Indian Over Seas Bank, Shyampet, Warangal
Therefore, the eligibility of the unit for the sanction of investment subsidy (1st installment) prior to Date of Commencement of Production(DCP) for the project cost calculated as per guidelines is as follows:
1.
Project Cost Calculated
2.
Eligible Investment Subsidy @ 35% of the Project Cost (Max. 75.00 Lakhs)
3.
Additional Subsidy @ 10% of the Project Cost for Women Entrepreneur
(Max. 10.00 Lakhs)
Total Eligible Subsidy
4.
1st Installment of Investment Subsidy prior to DCP (35% of Eligible Subsidy)
total fixed capital investment of the project in respect of Readymade Garment units under T-PRIDE Scheme to discourage the small units going for large investment on building with an intention to claim more Subsidy there by affecting the viability of the unit.
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1st Installment
The unit has been placed before the DIPC meeting held on 28.01.2016 and the DIPC recommended for sanction of eligible Investment Subsidy prior to DCP towards 1st
installment. Copy of the DIPC meeting minutes furnished by GM.
Therefore, the issue was placed before State Level Committee (SLC) to take a decision for sanction of 1st
installment of investment subsidy prior to DCP to the captioned unit for Rs. 22,86,026/-
The SLC in its 12th
meeting dated 17-12-2016 ,decided to recommend to the Government for limiting the investment on land and building together to 35% of the total fixed capital investment of the project in respect of Readymade Garment units under T-PRIDE Scheme to discourage the small units going for large investment on building with an intention to claim more Subsidy there by affecting the viability of the unit.
6 22/06/17 T-PRIDE – TSP - Claim proposals of Sri VadityaVenkateshwaraRao S/o. Vachya, R/o 5-145, VM Banjar(V), Penubally(M), Khammam District for sanction of Investment Subsidy– Certain clarification - Requested.
The GM, DIC, Khammam District has forwarded the (4) proposals of Sri VadityaVenkateshwaraRao S/o Vachya, R/o 5-145, VM Banjar(V), Penubally (M), Khammam District for sanction of Investment Subsidy and also forwarded the other claim application of SmtBhukyaChaithanya Devi W/o Sri VadityaVenkateshwaraRao with same address and Line of activity which are as follows:
As per the decision of the SLC in its 14th meeting held on 22-06-2017, a letter has been addressed to the Government vide Lr.No.39/2/2016/28753/IDdt: 18-07-2017 with a request to issue clarification
in respect of claims received in the following three situations from Service Enterprises(Transport category) under T-PRIDE Scheme, whether each unit should be treated as separate unit and or to club the investment
Government Orders are awaited.
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S. No.
Name of Address of the Unit
Type of Incentives
1 M/s. Sai Hanuman Transport,
H.No. 5-145, Main Road, VM Banzar(V), Penuballi(M), Khammam District.
Porp: Sri. VadityaVenkateshwaraRao, S/o Vachya, R/O 5-145, VM Banjar(V), Penubally(M), Khammam District
Investment Subsidy
2 M/s. SaiChaitanya Transport, H.No. 5-145, Main Road, VM Banzar(V), Penuballi(M), Khammam District
Porp: Sri. VadityaVenkateshwaraRao, S/o Vachya, R/O 5-145, VM Banjar(V), Penubally(M), Khammam District
Investment Subsidy
3 M/s. Vadithya VenkateshwaraRao, H.No. 5-145, Main Road, VM Banzar(V), Penuballi(M), Khammam District
and treat the 2nd unit onwards as expansion unit for sanction of eligible incentives .1. When a same entrepreneur sets up more than one unit in the same name andsame address location.
2. When more than one unit are located in same address with different names by the same entrepreneur or his family members .
3. When the same entrepreneur sets up more than one unit in different locations
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District
4 M/s. Sai Siddhartha Transport, H.No. 5-145, Main Road, VM Banzar(V), Penuballi(M), Khammam District
Porp: Sri. VadityaVenkateshwaraRao, S/o Vachya, R/O 5-145, VM Banjar(V), Penubally(M), Khammam District
Investment Subsidy
5 M/s Sai Venkata Chaitanya Transport, D.No. 5-145, MainRoad, V.M. Banjara (V), Penubally(M), Khammam District
Porp: SmtBhukyaChaitanya Devi, W/o Sri VadityaVenkateshwaraRao
Investment Subsidy
In this regard, it is to submit that, the unit at S. No. (1) with Maximum Investment i.e., M/s. Sai Hanuman Transport, H.No. 5-145, Main Road, VM Banzar(V), Penuballi(M), Khammam District has been considered for sanction of investment subsidy for the Project Cost of Rs. 1,91,82,454/- and sanctioned Investment Subsidy for an amount of Rs. 67,13,850 in the 12th
SLC Meeting held on 17-12-2016, which is 90% of the Max. subsidy (75 Lakhs) as per guidelines.
If the investment of (4) units added to the original unit, the total investment crosses
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“Small service sector” and comes under Medium Category which is not eligible for Investment Subsidy. Hence, the remaining (4) claims were not sanctioned Investment Subsidy.
Further, it is submitted that, in the similar case, the 12th SLC has taken a decision which is as follows:
“The SLC discussed the issue in detail and decided to reject the claim for sanction of Investment Subsidy to the captioned unit as this Small Enterprises, after expansion, graduated to Medium Service Enterprise status and as per T-PRIDE guidelines Medium Enterprises are not eligible for sanction of Investment Subsidy.”
In view of the above, the issue is placed before the SLC for taking a decision for sanction of Investment subsidy for the remaining (4) proposals.
General Manager, District Industries Centre, RR-II, Ranga Reddy District has forwarded the claim application of M/s. Target Equipments and Machines Private Limited, Plot No. 10 (NP), 12 & 13, IDA, Mallapur, Uppal (M),Ranga Reddy District for sanction of Investment Subsidy under T-IDEA Scheme. He has informed that the unit is registered vide UdhyogAadhaar No. TS-09B-00-06157, dt: 10/03/2016 for the line of activity “Manufacturing of Heavy Engineering and Fabricated metal Products” with date of Commencement Production 22/02/2016. The unit is financed by Andhra Bank SME, Mallapur Branch for a Term Loan of Rs. 950 Lakhs. The General Manager, DIC submitted claim application together with verification report, statement of accounts and enclosed required documents for sanction of 15% of Rs. 20,00,000/- Investment Subsidy under New Policy T-IDEA.
The General Manager, District Industries Centre, Medchal District has informed that the unit holder has purchased the land along with existing buildings on “as is where is basis” consisting of Cranes fabrication and welding machines from M/s. Lurgi India International Services Private Limited ( the merged entity of Air Liquide Engineering India Private Limited). The previous unit i.e., M/s Air Liquide Engineering
Further he has informed that on verification of the proposal it is found that 4 machines worth Rs. 1,88,71,031/- (Rupees One Crore Eighty Eight Lakhs Seventy One Thousand and Thrity one only) which is 42.28% of the total value of machinery which is computed to Rs. 4,46,29,000/- (Rupees Four Crores Forty Six LakhsTwenty Nine Thousand only) is procured from M/s. Rolon Seals. The General Manager,
14th meeting held on 22-06-2017, a letter has been addressed to the Government vide Lr.No. 20/1/2016/30764/30764/FD dt: 11-07-2017 with a request to issue clarification in respect of M/s. Target Equipments and Machines Private Limited, Plot No. 10 (NP), 12 & 13, IDA, Mallapur, Uppal (M), Medchal-Malkajgiri Dist. in detail and decided to seek clarification from the Government on the eligibility of the unit for availing incentives under T-IDEA Scheme, while furnishing the complete details of the case and rule position.
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DIC has personally visited M/s. Rolon Seals at Plot No. 9 Road No. 1 IDA Mallapur and found that the line of activity of M/s. Rlon Seals is Mfg. Of Mechanical Seals & is a Precision Engineering unit and not manufacturer or supplier of machineries, and is also a sister concern of this unit. The unit holder has furnished the bill copies i.e. 1. M/s Rolon Seals Invoices on Target Equipment & Machinery Private Limited 2.Navadurga Trade Centre bills on M/s Rolon Seals.
The unit holder has been asked by the GM, DIC, MedchalMalkajgiri to furnish some more clarifications and information on the issue. The unit holder vide his letter dated: 25/04/2017 has furnished additional information to this office on 05/04/2017.
1. On 19.12.2014 M/s Target Equipments& Machinery Private Limited entered agreement of Sale with M/s Air Liquide to purchase land asset “as is where is basis”
2. M/s Target Equipments& Machinery Private Limited registered with Central Excise on 11/03/2015
3. M/s Target Equipments& Machinery Private Limited registered with VAT & CST on 24/01/2015 and 29/01/2015 respectively.
4. M/s Target Equipments& Machinery Private
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Limited applied to Andhra Bank for Term Loan for this project cost of Rs 18.50 Crs on 07/03/2015
5. M/s Target Equipments& Machinery Private Limited ordered for machines on M/s Navdurga Trade Cenre on 26/02/2015
6. The Sales Tax Department withheld M/s Target Equipments& Machinery Private Limited registration on 06/08/2015
7. The Excise Department withheld M/s Target Equipments& Machinery Private Limited registration on 26/06/2015 as Ms Air Liquide had dues pending as per departments notice.
8. Andhra Bank approved M/s Target Equipments& Machinery Private Limited application for term loan on 02/07/2015
9. M/s Navdurga Trade Centre was ready with material, but M/s Target Equipments& Machinery Private
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Limited registration with Excise & Sales Tax were withheld, hence to overcome the loss of forgoing the advance paid to M/s Navdurga, M/s Target Equipments& Machinery Private Limited requested M/s Navdurga to Invoice on M/s Rolon Seals, who are the promoters and Group Company of M/s Target Equipments& Machinery Private Limited. The Machines from M/s Navdurga were Invoiced on 04/09/2015 to M/s Rolon Seals and delivered at Target Equipments& Machinery Private Limited, factory as M/s Rolon Seals & Target Equipments& Machinery Private Limited are situated side by side in the same Industrial Area (IDA),Mallapur.
10. The Central Excise Department revoked Target Equipment & Machines Pvt Ltd., registration for Excise on 08/12/2015
11. The Sales Tax
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Department revoked Target Equipment & Machines Pvt Ltd., registration for Sale Tax on 23/12/2015
12. M/s Air Liquid final sales deed Registration of land done on 31/12/2015
13. M/s Rolon Seals, machines invoiced on M/s Target Equipment & Machines Pvt Ltd., on 28/01/2016
The unit holder further informed that, due to unforeseen issue arised by Sales Tax & Central Excise Departments, the project was delayed by one year.
The unit holder also furnished the power bills of M/s Rolon Seals and Target Equipment and Machines Pvt Ltd., to claim that the machinery was not kept on use at M/s Rolon Seals.
The General Manager opined that it seems, the unit holder neither purchased the Machinery for M/s Rolon Seals nor kept in use in M/s Rolon Seals, Just to overcome technical problem arised due to unforeseen issued with Sales Tax and Central Excise Departments, he might have got invoiced the machinery on M/s Rolon Seals as the Managing Director, M/s Target Equipment & Machines Pvt Ltd., is one of the promoters of M/s Rolon Seals and also it is verified that with power bills of M/s Rolon Seals of the period from delivery of Machinery to M/s Rolon Seals and to errection in M/s Target Equipment & Machines Pvt Ltd., and there is no much difference in power consumption in M/s Rolon Seals for the
:: 69 ::
above period which reveals that, the machinery was not kept in use at M/s Rolon Seals and also machinery was not leased by Rolon Seals to M/s Target Equipments and Machines Pvt Ltd., it is sold raising invoice at original cost and payments made to M/s Rolon Seals by M/s Target Equipment & Machines Pvt Ltd., after settlement of the Sales Tax and Central Excise Department.
The General Manger, District Industries Centre, Medchal-Malkajgiri District has requested the Commissioner of Industries to examine the issue in view of the above remarks and documents furnished by the unit holder to take further necessary action in the sanction of incentives to M/s Target Equipment & Machines Private Limited.
In view of the above, the issue is placed before the SLC for taking a view for sanction of Investment Subsidy to M/s.Target Equipment & Machines Private Limited.
The SLC may take a view.
Item.No. 06
T-PRIDE Scheme - Reimbursement of Sales Tax - M/s Sri Balaji Cotgin Industries, Sy.No. 193/J, 193/K etc., Gorrekunta (V), Geesugonda (M), Warangal Rural District - Reg.
***The General Manager, DIC,
Warangal Rural District has submitted Reimbursement of Sales Tax claim application of M/s Sri Balaji Cotgin Industries, Sy.No. 193/J, 193/K etc., Gorrekunta (V), Geesugonda (M), Warangal Rural District for the period 1st Half Year of 2017-18 for sanction of Rs. 30,46,413/- under T-PRIDE scheme.
In this connection it is to inform that, M/s Sri Balaji Cotgin Industries,
The SLC discussed the issue in detail and decided to keep the present claim of the unit in abeyance for sanction of Rs.30,46,413/- for the period of 1st
HY of 2017-18 as the Sales Tax reimbursement already sanctioned to the captioned unit has exceeded the max limit allowed i.e. realization of 100% fixed capital reimbursement as per amended guidelines issued vide G.O.Ms. No.82 Inds.&Com(IP&INF)
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Sy.No. 193/J, 193/K etc., Gorrekunta (V), Geesugonda (M), Warangal Rural District has obtained UAM vide No. TS10B0011391, Dt. 27/12/2016 for the line of activity Cotton Ginning and Bailing and commenced production with effect from 09/12/2016. The following fixed capital investment is considered for computation of Investment Subsidy.
Land : LeaseBuildings : LeasePlant & Machinery : Rs.
M/s Sri Balaji Cotgin Industries, Sy.No. 193/J, 193/K etc., Gorrekunta (V), Geesugonda (M), Warangal Rural District was sanctioned an amount of Rs. 48,61,390/- towards Reimbursement of Sales Tax for the period of 2nd Half Year of 2016-17. The above Sales Tax Sanctioned amount is pending for release.
As per the G.O.Ms.No.82 Industries & Commerce (IP&INF) Department, Dt. 02/11/2017, the Government has issued following amendment to Para 4.1.9 of G.O.Ms.No. 29 Industries & Commerce (IP&INF) Dt. 29/11/2014 and Para 4.2.1 of the Operational Guidelines of G.O.Ms.No. 78 Industries & Commerce (IP&INF) Dt. 09/10/2015.
4.1.9 “Reimbursement of 100% net VAT/CST or State Goods and Service Tax (SGST) for a period of 5 years from the date of commencement of Production for Micro and Small Enterprises or up to realization of 100% fixed capital investment, which ever is earlier”
Dept. dated.02/11/2017.
Further, the SLC decided to seek clarification from the Govt. whether to revise the amount of Rs.48,61,390/- already sanctioned to the unit for the period of 2nd HY of 2016-17, prior to the issue of amendment, as the said amount has also exceeded the cap of fixed capital investment by Rs. 17,85,903/-, as per amended gudilines.
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In the present case, the sales tax sanctioned amount already exceeded the 100% fixed capital investment limits.
The SLC may take a view on the sanction of reimbursement of Sales Tax for the period 1st Half Year of 2017-18 and also excess sanctioned amount over and above the fixed capital investment.
Sd/- Ahmad Nadeem, IAS.,
Commissioner of Industries.
// Attested //
Joint Director (II & SP)
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LIST OF MEMBERS ATTENDED THE 20th STATE LEVEL COMMITTEE MEETING HELD ON 31/01/2018 AT 03:00 PM IN THE CONFERENCE HALL OF THE COMMISSIONERATE OF INDUSTRIES, TELANGANA STATE, HYDERABAD
SL.NO. MEMBERS NAME & DESIGNATION OF MEMBER /__________________________________________REPRESENTATIVE________________________
Sri/Smt:
1. Chairman, Ahmad Nadeem, IAS.,State Level Committee, Chairman, SLC / Commissioner of Industries
2. The President, L. Girijapathi, FTAPCCI. Assistant Director
3. The President, V. Hanumantha Rao,FETSIA. MC Member
4. Managing Director, K.Sattaiah, TSIIC, Hyderabad General Manager.
5. Managing Director, A.S.Nagaraj,APSFC, Telangana Unit Senior Manager.