Incentive ceiling by area
| Area group | Ceiling (% of fixed capital investment) | Incentive period |
|---|---|---|
| A | 30% | 5 years |
| B | 40% | 7 years |
| C | 50% | 7 years |
| D | 60% | 10 years |
| D+ | 70% | 10 years |
| Vidarbha, Marathwada, Ratnagiri, Sindhudurg, Jalgaon, Dhule | 80% | 10 years |
| No-industry districts, naxalism-affected areas, aspirational districts | 100% | 10 years |
Group A includes Greater Mumbai, Thane, Kalyan, Bhiwandi, Vasai, Palghar, Panvel and the Pune Metropolitan Region talukas. We confirm your taluka's group from the notified list before filing.
MSME incentives under MIISP 2025
| Incentive | Benefit |
|---|---|
| Industrial Promotion Subsidy (IPS) | 100% of gross SGST payable on first sales of eligible products within Maharashtra, within the ceiling |
| Interest subsidy | Up to 5% a year, the unit bearing at least 5%; maximum ₹1 crore a year |
| Capital subsidy | For export-oriented, circular-economy, and women / SC-ST / divyang-owned units; up to 20% of eligible cost, maximum ₹25 crore |
| Stamp duty | 100% exemption in Groups C, D, D+ and below; 50% waiver in Groups A and B |
| Electricity duty | Exemption in Groups C, D, D+ and below for the incentive period; in A and B only for EOUs and specified owner categories |
| Employment-linked subsidy | 50% of employer EPF for five years in Groups D, D+ and below, subject to job creation, up to ₹5 crore |
| Performance-linked | Technology upgradation (50%, up to ₹25 lakh), energy and water audit, credit rating, ZED and listing reimbursements, patent support |
| Scale-up grant | One-time grant up to ₹5 lakh (micro to small), ₹10 lakh (small to medium), ₹25 lakh (medium to large) |
Source: summary of MIISP 2025 MSME incentives. Exact conditions are in the Government Resolution and operational guidelines.
What's included
- Taluka group check and incentive estimate
- Fixed capital investment working and CA certificate
- Eligibility Certificate application and DIC inspection support
- Stamp duty and electricity duty exemption applications
- Yearly IPS (SGST) and interest subsidy claims with GSTR reconciliation
- Pending PSI 2019 claims for units that already hold an eligibility certificate
Documents required
- Udyam, GST, PAN and incorporation documents
- Land / lease deed, building plan, MIDC allotment if any
- Machinery and building invoices with payment proof
- Term loan sanction, disbursement and interest certificates
- MPCB consent to operate and power connection details
- GSTR-1 and GSTR-3B for each claim period
Frequently asked questions
Is PSI 2019 still available?
MIISP 2025 replaced PSI 2019 for new investment from its notification on 31 December 2025. Units that already hold a PSI 2019 eligibility certificate continue to file their claims under it, and we handle those too.
My unit is in Mumbai or Pune. Can I still claim anything?
Group A areas have the lowest ceiling (30% of investment over 5 years) and some exemptions are restricted, but SGST-linked IPS, interest subsidy and a 50% stamp duty waiver are still worth checking.
Do I get the SGST back on interstate sales?
IPS is linked to SGST on eligible first sales billed and delivered within Maharashtra. Interstate sales attract IGST and are not part of the SGST base.
Can a service business claim under MIISP 2025?
The policy has a separate services component with employment-linked incentives. Eligibility depends on the activity and jobs created; tell us about your business and we will check.