Subsidy or reimbursement

Sikkim MSME Policy 2022 reimbursements

A programme by Commerce and Industries Department, Government of Sikkim

Older MSME policy that reimburses stamp duty, state GST, loan interest and project report costs for Udyam-registered small enterprises of Sikkim.

At a glance

Best forUdyam-registered micro and small enterprises of Sikkim

About Sikkim MSME Policy 2022 reimbursements

The Sikkim Micro, Small and Medium Enterprises Policy 2022 is still listed on the department's scheme page. The department's site does not say whether the 2024 industrial policy has replaced it for small enterprises, so confirm with the department before relying on it.

What you get

  • Reimbursement of stamp duty on the purchase or lease of land, a shed or a building
  • Reimbursement of state GST for new manufacturing, service and job-work units
  • Interest subsidy on loans taken for enterprise development, for borrowers who pay their instalments on time
  • Reimbursement of the cost of a detailed project report prepared by an empanelled agency
  • An allowance for research work done by local entrepreneurs
  • Several smaller reimbursements and non-cash supports listed in the policy

Who can apply

  • Udyam-registered MSMEs of Sikkim
  • Units registered by a Sikkim Subject, Certificate of Identification or Residential Certificate holder. A sub-leased unit is not eligible

How selection works: An executive committee sanctions incentives within its limit. Benefits are claimed only after real business transactions, with supporting documents.

How to apply: Submit the documents the Commerce and Industries Department lists, and claim after your unit is operating.

Where to apply

Other Commerce and Industries Department, Government of Sikkim programmes

Everything about Commerce and Industries Department, Government of Sikkim