Description

The “Goa State Logistics and Warehousing Incentives Scheme” provides a reimbursement of 50% of the annual interest amount payable by eligible entities on loans taken for the construction of logistics and warehousing projects.

Benefits

• 50% reimbursement of annual interest.
• Maximum annual sum of ₹25,00,000 per project.
• Standard projects: Eligible for 3 consecutive years.
• Backward Talukas / SC / ST / Women Entrepreneurs: Eligible for 5 consecutive years.

Eligibility

• Non-mega industries providing logistics and warehousing services in Goa.
• PAN holder with regular Income Tax filings.
• Continuous operations for at least six months post-notification.
• Minimum 40% local employment.
• Loan must be from a nationalized bank, scheduled private bank, EDC Ltd, or recognized NBFC.
• Loans must not be covered under other interest rebate schemes like CMRY.

Project Land Requirements

• Logistics Park/ICD/CFS: 1 Acre.
• Air Freight Stations: 1,000 sq. meters.
• Warehouses/Truck Terminals: 1,000 sq. meters (500 sq. meters in special categories).
• Cold Chain/Testing Facilities: 200 sq. meters (100 sq. meters in special categories).

Application Process

Online
Step 1: Register on Goa Online portal.
Step 2: Apply under “Incentives on Logistics and Warehousing Sector”.
Step 3: DITC verifies and inspects, followed by IRC sanctioning. Final disbursement is completed within 90 days.

Documents Required

• Detailed Project Report (Self-attested).
• Interest Paid Certificate from Bank.
• Loan Disbursement Certificate and Sanction Letter.
• Caste Certificate (if applicable).
• CA certificate for unit-wise interest details.
• Payroll and GST documents.