What you get
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.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What mandatory financial documentation or tax requirements must the entity possess and maintain compliance with to be considered an eligible applicant for these incentives?
All entities applying must possess a Permanent Account Number (PAN) and must ensure they regularly file the Income Tax Returns using the name of the legal entity that is applying for the benefits.
After submitting a complete application for any financial incentive under the umbrella scheme, what is the maximum time period generally required for the application to be fully processed and the benefit funds to be disbursed?
The entire processing of the application and the disbursement of the incentive amount will be completed within a maximum period of 90 days, calculated from the date the application was formally received by the Directorate of Industries, Trade and Commerce.
Is there a mandatory requirement regarding the percentage of local employment that my entity must maintain on its official payrolls to qualify for support under this incentives scheme?
Yes, the entity must ensure the provision of a minimum of 40% local employment. This condition considers employees who are continuously employed and maintained on the unit’s payroll during the claim year.
If I have received financial assistance or similar benefits for the same purpose from any program managed by the Central or State Government previously, will I still be considered eligible?
No, this scheme is not applicable to any entity that has already claimed a similar benefit or incentive for the same purpose under any other existing scheme or program managed by either the State Government or the Central Government.
What potential legal repercussions or mandatory refund requirements exist if it is later discovered that an entity obtained financial incentives through the submission of false or incorrect information?
If incentives were obtained through misrepresentation of facts or in case of misuse, the financial incentive shall be revoked, and the entity undertakes to refund 10 times the concessions claimed.
What additional steps must I take if my entity is owned by a woman entrepreneur or an entrepreneur belonging to the Schedule Caste or Schedule Tribe communities to ensure appropriate consideration?
Entities owned by Women Entrepreneurs or those belonging to Schedule Caste/Schedule Tribe communities must explicitly declare their category when submitting the application for incentives on the Goa Online Portal and provide all necessary required documentation.
Since governmental funds are finite, how are applications reviewed and prioritized when multiple entities apply for incentives simultaneously within a given fiscal year?
The benefits under this scheme are subject to the availability of sufficient funds during a particular fiscal year and are generally processed based on the principle of first come first serve.
Is there a mandatory prerequisite for both new and existing units detailing the minimum required period of continuous commercial operations immediately following the announcement of the Policy?
Yes, all eligible entities must have been in continuous operations for a minimum period of six months subsequent to the official date of notification of the Logistics and Warehousing Policy 2023.
How is the final value of the sanctioned financial benefit determined, specifically based on the entity’s ability to meet the prescribed targets for Goan employment on its payrolls?
If Goan employment is 60% or above, the entity receives 100% of the calculated benefit, but if it is more than 40% yet less than 60%, the entity receives 80% of the calculated benefit, otherwise the entity is ineligible.
Which specific government department or administrative body has been officially assigned the crucial responsibility of monitoring and successfully implementing the provisions of this incentives scheme?
The Directorate of Industries, Trade and Commerce (DITC), which is the department responsible for developing and promoting industries in Goa, has been designated as the nodal department for implementing this incentives scheme.
Since the scheme is organized into various specific components, do the general clauses outlined in the main document still apply uniformly to every single target scheme introduced within this framework?
Yes, all the general clauses and conditions defined in The Goa State Logistics and Warehousing Incentives Scheme, 2025, shall automatically form part of each target scheme, unless specific deviations are clearly indicated in the individual target schemes.
What is the validity period of this incentives policy, and how long can entities expect the umbrella scheme to remain active and available for application submissions?
The Goa State Logistics and Warehousing Incentives Scheme, 2025, shall remain effective for a period of 03 years from the date of its publication in the Official Gazette, unless the Government decides to terminate or extend the scheme earlier.
Should my business unit possess investment or employment figures below certain established thresholds to be eligible to apply for financial assistance under this incentives scheme?
Yes, the scheme is exclusively applicable to non-Mega Projects, which are defined as those with investment less than ₹100,00,00,000/- (Indian Rupees One Hundred Crore) and/or employment generation of less than 1000 Goan individuals.
Once an entity has successfully received financial incentives, what obligations are placed upon it regarding external inspections or the disclosure of official records by government officials?
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 for holding discussions with the employed employees for ensuring the proper utilization of the granted financial incentives.