Goa Land/Built-Up Area Rebate Scheme for IT Units

The Land/Built-Up Area Rebate Scheme was launched in 2018 by the Department of Information Technology, Government of Goa, to promote and support the growth of the IT industry in the state. The scheme provides a one-time rebate for the purchase of land to create IT office space or for the purchase of built-up office space for IT operations.

Benefits

1. Purchase of Land for IT Office Space:
   • A one-time rebate of ₹40,000 per male employee and ₹50,000 per female employee.
   • The rebate will be provided up to 60% of the cost of the land as determined by the Stamp Registration/Sale Deed.
   • Maximum rebate for land purchase: ₹1,50,00,000.

2. Purchase of Built-Up Office Space for IT Operations:
   • A one-time rebate up to 20% of the cost of the built-up space as determined by the Stamp Registration/Sale Deed.
   • Maximum rebate for built-up space purchase: ₹1,00,00,000.

3. Employee-Based Rebate Calculation:
   • The percentage of rebates is based on the number of employees of Goan origin:

   • Up to 30% of employees on the rolls: 50% rebate.

   • 30% to 60% of employees on the rolls: 75% rebate.

   • More than 60% of employees on the rolls: 100% rebate.

4. Rebate for Existing Units:
   • Existing units can claim rebates on transactions made up to 3 years before the notification of the policy.

5. Rebate for New Units:
   • New units can claim the rebate on transactions made post-policy notification.

Eligibility

• New and Existing Units operating in Goa.

• Eligible entities include:
  • Proprietorship firms
  • Private/Public limited companies under the Companies Act, 2013.
  • Registered Partnership Firms under the Indian Partnership Act, 1932.
  • Limited Liability Partnerships (LLPs) under the LLP Act, 2008.

• Aadhaar linkage is required for the bank accounts of the unit and its partners/directors.

• Udyog Aadhaar is mandatory for claiming benefits.

• Employees must have been on the rolls for at least 12 months.

• Direct employment proportional to the built-up space created, with 80 sq ft per employee.

Exclusions

• Units availing similar financial incentives under any other policy of the Government of Goa are not eligible.

• Units involved in certain excluded industries (such as sugar, cement, poultry, fire crackers, etc.) will not be eligible.

Application Process

Online Process:

1. Registration:
   • Visit the Goa Online Portal and click on “Register”.
   • Verify Email ID and Mobile Number via OTP, and complete the registration form.

2. Login:
   • After registration, log in using the provided credentials.

3. Application Submission:
   • Navigate to “IT Services” under “Services” and select the “Land/Built-Up Area Rebate Scheme”.
   • Complete the application form and upload the necessary documents.

4. Document Upload:
   • Upload required documents, such as Sale deed, Incorporation certificate, Business plan, etc.

5. Application Submission:
   • Submit the application and note the unique reference number for tracking.

6. Disbursement:
   • The rebate will be reimbursed in three tranches post Commercial Operation Date or from policy notification date, whichever is later.

Disbursement Timeline:

• Receipt of Application: D

• Application Scrutiny: D+30 days

• Approval by Empowered Committee: D+60 days

• Issue of Sanction Orders and Disbursement: D+90 days

Documents Required

1. Incorporation certificate

2. Udyog Aadhaar registration

3. PAN, Aadhaar, and GST TIN copies

4. Memorandum and Articles of Association

5. Occupancy certificate for office space

6. Sale deed or ownership document for land/built-up space

7. Details of employees (including Goan origin percentage)

8. 3-year business plan with investment and employment targets

9. Nil encumbrance certificate for the property

10. Bank guarantee for an equal amount of the claim

Frequently Asked Questions (FAQs)

Q: Can a unit claim both land and built-up space rebates?
A: No, a unit can claim only one of the two rebates (land or built-up space).

Q: How is the rebate percentage calculated based on employee origin?
A: The rebate percentage depends on the number of employees of Goan origin on the rolls.

• Up to 30%: 50% rebate

• 30% to 60%: 75% rebate

• More than 60%: 100% rebate

Q: What is the timeline for the disbursement of rebates?
A: The disbursement is done in three tranches after the Commercial Operation Date or policy notification, whichever is later. The application approval and disbursement process will take about 90 days.

Q: Can existing units apply for the rebate on transactions made before the policy notification?
A: Yes, existing units can claim rebates for transactions up to 3 years prior to the policy notification.

Q: What is the eligibility for a unit to claim benefits under this scheme?
A: The unit must be operating in Goa and meet the criteria related to employee strength, business operations, and property documentation.

Sources and References

• Guidelines
• User Manual
• Track Application Status
• Contact Us