28 January 2020
Hi, we are register under MSME category as a Medium scale Industry and have around 4 plants in india. since we have commence production in our last plant in Aug 2019. we have approach to DIC office for subsidy claim, but they have refused, due to our all units machinery investment is in more then 10 crore. so not eligible for subsidy claiming.
pl anyone give clarificatiions, whether the total 10 crore limit is applicable for total units in state or total units is in india. also confirm, if any other eligible subsidy like interest,GST.
CAclubindia
