Maharashtra Package Scheme of Incentives (PSI) 2019
Government of Maharashtra · Central government
Maharashtra refunds SGST, subsidises interest, and waives stamp duty for new manufacturing MSMEs.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Not specified
- Instrument
- Subsidy
- Deadline
- Rolling
About this scheme
**Bundled incentives under the Maharashtra scheme are determined by the investment zone (taluka classification) and the size of the enterprise.** The package comprises five main components. First, the Industrial Promotion Subsidy (IPS) allows MSMEs to claim a refund of up to 100% of SGST on their first sale within Maharashtra during the eligibility period. Second, an interest subsidy is available on term loans, set at 5% for Micro and Small units, 3% for Medium units, and 2% for Large units, with higher rates applicable in backward zones.
**The remaining components address operational and capital costs.** A subsidy on electricity tariffs is provided in Vidarbha, Marathwada, North Maharashtra, and backward districts. Additionally, the scheme offers an exemption from stamp duty and registration charges. In backward zones, a waiver of power-connection charges is also granted.
Who can apply
- Eligible business forms
- Not specified
- Udyam registration
- Not specified
- MSME registration
- Required
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Maharashtra
- New manufacturing units and eligible expansion/diversification in Maharashtra. - Excludes liquor, tobacco, gutkha, and banned products.
How to apply
- Register the industrial unit on the MAITRI portal (maitri.mahaonline.gov.in). - Submit an application for an Eligibility Certificate (EC) to the District Industries Centre (DIC) or the MIDC office. - Provide the required project documents: proof of investment, a CA-certified FCI statement, GSTIN, the incorporation certificate, and taluka classification details. - Wait for the EC to be issued, which confirms the eligible incentive basket and its validity period. - Claim the IPS (SGST refund) once a year through the DIC, after filing GST returns. - Present interest subsidy claims, along with the EC and loan statements, to the lending bank. - Apply for the electricity tariff subsidy via MSEDCL, using the EC, where the unit is located in an eligible district.
Frequently asked questions
Who can apply for Maharashtra PSI 2019?
New manufacturing units and eligible expansion or diversification projects in Maharashtra may apply. Units producing liquor, tobacco, gutkha, or banned products are not eligible.
What is the Industrial Promotion Subsidy (IPS) under PSI?
MSMEs can claim a refund of up to 100% of SGST paid on their first sale in Maharashtra within the eligibility period, with the exact amount determined by the taluka's classification (such as backward or most-backward).
Is this scheme equity-free?
Yes. All benefits under Maharashtra PSI 2019 — interest subsidy, electricity tariff subsidy, and stamp duty exemption — are non-repayable, with no equity stake taken.
How long is the eligibility period?
Eligibility periods vary by taluka zone, with longer windows for backward and most-backward areas. Consult the MAITRI portal or your District Industries Centre (DIC) for zone-specific durations.
How do I apply?
Applications must be submitted online via the MAITRI portal (maitri.mahaonline.gov.in). Before claiming benefits, units need to register their project, upload the required documents, and secure an Eligibility Certificate (EC) from DIC or MIDC.
Which benefits are available in Vidarbha and Marathwada?
Units in Vidarbha, Marathwada, North Maharashtra, and backward districts receive extra electricity tariff subsidies and waivers on power-connection charges, in addition to the standard IPS and interest subsidy components.
Details last verified on 3 August 2026. Source: the issuer's published information.