Refund under MATS & NAPS Scheme ag.Apprentice Wages paid

This query is : Resolved 

02 April 2024 Sir/Madam

I have following queries against Company paid Apprentice Wages paid on monthly basis to our Apprentice joined in the company-

1) Refund claimed for the fy-2022-23 ag.Apprentice Wages paid to the employees
2) Refund claimed for the fy-2023-24 ag.Apprentice Wages paid to the employees

Company can claim refund amount against the Scheme NAPS as well as MATS scheme of Gujarat Govt.??


21 May 2024 Is any idea of query??

10 July 2024 Based on your queries regarding claiming refunds against the National Apprenticeship Promotion Scheme (NAPS) and the Mukhyamantri Apprentice Training Scheme (MATS) of the Gujarat government for apprentice wages paid, here’s a detailed response:

### 1. National Apprenticeship Promotion Scheme (NAPS):

**Overview:**
- NAPS is a scheme by the Government of India aimed at promoting apprenticeship training and enhancing the employability of apprentices.
- Under NAPS, employers can claim reimbursement of a portion of the stipend/wages paid to apprentices.

**Eligibility for Refund:**
- To claim refund under NAPS, the company must be registered on the NAPS portal (apprenticeshipindia.org).
- The apprenticeship training should be as per the Apprenticeship Act, 1961, and the guidelines specified under NAPS.
- Employers can claim reimbursement for apprentice wages/stipends as per the rates and conditions specified under NAPS.

**Process:**
- Ensure your company is registered on the NAPS portal and complies with all requirements.
- File reimbursement claims on the portal with necessary documentation, such as apprentice details, proof of wages paid, and other required documents.
- Follow the guidelines and timelines specified for claiming refunds under NAPS.

### 2. Mukhyamantri Apprentice Training Scheme (MATS) - Gujarat:

**Overview:**
- MATS is a scheme specific to Gujarat, launched to promote apprentice training and employment in the state.
- Similar to NAPS, MATS provides financial incentives to employers for engaging apprentices and paying apprentice wages/stipends.

**Eligibility for Refund:**
- To claim refund under MATS, the company must be registered under the scheme with the concerned authorities in Gujarat.
- Employers can claim reimbursement for apprentice wages/stipends paid as per the rates and conditions specified under MATS.

**Process:**
- Register your company under MATS with the relevant authorities in Gujarat.
- Submit reimbursement claims along with required documentation, such as apprentice details, proof of wages paid, and compliance with scheme guidelines.
- Adhere to the specified procedures and timelines for filing refund claims under MATS.

### Key Points to Consider:

- **Dual Refund Claim:** It’s possible to claim refunds under both NAPS (central scheme) and MATS (state-specific scheme) simultaneously, provided your company meets the eligibility criteria and follows the respective processes.
- **Documentation:** Keep all records and documents related to apprentice wages paid, registration under the schemes, and refund claims filed. This includes apprentice details, invoices, payment proofs, and any other relevant documents.
- **Compliance:** Ensure compliance with the guidelines and timelines specified under NAPS and MATS to avoid delays or rejection of refund claims.

### Professional Assistance:

- If you are unsure about the specific eligibility criteria, documentation requirements, or the process for claiming refunds under NAPS or MATS, consider consulting with a professional specializing in government schemes or apprenticeship programs.
- They can provide tailored advice, assist with documentation, and ensure that your refund claims are filed correctly and promptly.

By leveraging these schemes effectively, your company can benefit from financial incentives while contributing to skill development and employment generation through apprentice training.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries