Maharashtra Package Scheme of Incentives (PSI) 2019
Government of Maharashtra · Central government
Maharashtra offers new manufacturing MSMEs an SGST refund, interest subsidy and stamp duty exemption.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Not specified
- Instrument
- Subsidy
- Deadline
- Rolling
About this scheme
Incentives are bundled according to the investment zone (taluka classification) and the size of the enterprise. The package comprises five components.
The Industrial Promotion Subsidy (IPS) allows MSMEs a refund of up to 100% of SGST on their first sale within Maharashtra, subject to the eligibility period. Term loans attract an interest subsidy of 5% for Micro and Small units, 3% for Medium units and 2% for Large units, with higher rates available in backward zones.
Electricity tariff subsidy is offered in Vidarbha, Marathwada, North Maharashtra and backward districts. Stamp duty and registration charges are exempted, and power-connection charges are waived in backward zones.
Who can apply
- Eligible business forms
- Not specified
- Udyam registration
- Not specified
- MSME registration
- Not specified
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Maharashtra
- New manufacturing units in Maharashtra - Eligible expansion or diversification projects in Maharashtra - Liquor, tobacco, gutkha and banned products are not covered
How to apply
1. Enrol your industrial unit on the MAITRI portal (maitri.mahaonline.gov.in). 2. Lodge an Eligibility Certificate (EC) application with your District Industries Centre (DIC) or the MIDC office. 3. Attach the project paperwork: proof of investment, a CA-certified FCI statement, GSTIN, incorporation certificate, and taluka classification particulars. 4. Wait for the EC to be issued; it sets out which incentives you qualify for and the period covered. 5. After filing GST returns, claim IPS (SGST refund) once a year through the DIC. 6. Send interest subsidy claims, along with the EC and loan statements, to your lending bank. 7. Where the district is eligible, apply to MSEDCL for the electricity tariff subsidy, attaching your EC.
Frequently asked questions
Who can apply for Maharashtra PSI 2019?
Manufacturing units that are new, or existing ones undertaking an eligible expansion or diversification project, may apply in Maharashtra. Units engaged in the production of liquor, tobacco, gutkha, or banned products are not eligible.
What is the Industrial Promotion Subsidy (IPS) under PSI?
In Maharashtra, MSMEs can claim a refund of up to 100% of SGST on their first sale within the eligibility period, with the precise amount determined by the taluka's classification, such as backward or most-backward.
Is this scheme equity-free?
Yes. Every benefit under Maharashtra PSI 2019 — interest subsidy, electricity tariff subsidy and stamp duty exemption — is a non-repayable subsidy, and no equity stake is taken in return.
How long is the eligibility period?
Eligibility duration varies by taluka zone, with backward and most-backward areas receiving longer windows; confirm the exact period for your zone through the MAITRI portal or your District Industries Centre (DIC).
How do I apply?
Apply online via the MAITRI portal (maitri.mahaonline.gov.in) by registering your project and uploading the required documents; before any benefits can be claimed, an Eligibility Certificate (EC) must be obtained from DIC or MIDC.
Which benefits are available in Vidarbha and Marathwada?
What extra benefits do units in Vidarbha, Marathwada, North Maharashtra, and backward districts receive?
Details last verified on 14 September 2026. Source: the issuer's published information.