Maharashtra Industrial Promotion Subsidy (IPS)
Directorate of Industries, Government of Maharashtra · Central government
MSMEs in Maharashtra can claim 100% Investment Promotion Subsidy on Gross SGST for the first sale of eligible products billed and delivered within the state.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Not specified
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
About this scheme
The Industrial Promotion Subsidy (IPS) operates as an incentive within the Maharashtra Industries Investment and Services Policy 2025. Its purpose is to support industrial expansion and draw fresh investment into the state. The policy framework is structured to establish a favourable business climate, encourage entrepreneurial activity, and create employment opportunities throughout Maharashtra.
The IPS is directed at eligible Micro, Small, and Medium Enterprises (MSMEs). It offers financial relief by offsetting their State Goods and Services Tax (SGST) liabilities. The Government of Maharashtra provides a 100% subsidy on Gross SGST to lower operational expenses for new and expanding MSME units, with the aim of supporting their establishment and continued operation within the state. This measure is intended to strengthen local manufacturing and improve economic competitiveness.
The subsidy is applicable to the first sale of eligible products. This provision ensures that newly established businesses receive assistance during their early phase of market entry and revenue generation.
Who can apply
- Eligible business forms
- Private limited company, Limited liability partnership, One person company, Partnership firm, Sole proprietorship
- Udyam registration
- Not specified
- MSME registration
- Required
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Maharashtra
- Applicant must be an eligible MSME unit as defined by the Maharashtra Industries Investment and Services Policy 2025 (criteria per Table 4 of the policy document). - Subsidy applies to the Gross SGST payable by the unit. - Claim pertains to the first sale of eligible product(s). - Eligible product(s) must be billed and delivered within the state of Maharashtra.
How to apply
- **Confirm eligibility:** Review the Maharashtra Industries Investment and Services Policy 2025, particularly Section 4.1.1 (A) and Table 4, to ascertain whether your MSME unit qualifies and to understand the definition of 'eligible products'. - **Complete MSME registration:** Verify that your unit holds official MSME registration and meets all state-specific industrial and investment policy conditions, including any applicable state startup policy registrations. - **Record first sale details:** Maintain accurate records of the first sale of eligible products, ensuring billing and delivery occur within Maharashtra. This includes invoices, delivery challans, and evidence of SGST payment. - **File the claim:** Submit your Investment Promotion Subsidy claim via the designated online portal or authority specified in the policy's operational guidelines. Upload all relevant supporting documents as required. - **Await verification:** State authorities will examine the submitted claim and documentation to validate eligibility and the accuracy of the subsidy amount. - **Receive disbursement:** Once verification is successful, the 100% Gross SGST subsidy will be paid to your eligible MSME unit.
Frequently asked questions
What is the Industrial Promotion Subsidy (IPS)?
Under the Maharashtra Industries Investment and Services Policy 2025, the Industrial Promotion Subsidy (IPS) reimburses eligible MSME units for 100% of the Gross SGST payable on the first sale of qualifying products within Maharashtra.
Who is eligible to claim the IPS?
Only MSME units that meet the criteria set out in Table 4 of the Maharashtra Industries Investment and Services Policy 2025 can claim this subsidy; the policy document specifies the detailed conditions for such eligibility.
What type of products does the subsidy apply to?
The subsidy is applicable to eligible products on their first sale, provided they are billed and delivered within Maharashtra. Definitions of eligible products are detailed in the full policy document.
How much subsidy can an eligible MSME claim?
Eligible MSMEs may claim 100% of the Gross SGST payable on the first sale of their eligible product(s). The claim amount is determined by the sales value and the applicable SGST rates.
Is there an application deadline for this subsidy?
The Industrial Promotion Subsidy operates under the Maharashtra Industries Investment and Services Policy 2025, with claims made on a rolling basis as sales occur. No separate application deadline applies beyond the policy's operational guidelines.
What is the application process for claiming the IPS?
To claim the IPS, register as an eligible MSME unit under the Maharashtra Industries Investment and Services Policy 2025, maintain proper sales and tax records, and submit your claim through the designated state portal or authority. The process includes verification of your eligibility and sales data as per the policy’s guidelines.
Sectors
- Msme
- Subsidy
- Maharashtra
- Sgst
- Tax Incentive
- Industrial Growth
Details last verified on 8 September 2026. Source: the issuer's published information.