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Registration & Stamp Duty Subsidy Scheme
Information and Publicity Department
Last updated:
Overview
The objective and the scope of this scheme is to provide Registration Stamp Duty Subsidy to the eligible Information Technology Units in the State of Goa. All the New and Existing Units having their operations in Goa are eligible. The scheme has been framed as a part of Goa's IT Policy.
Details
Description
Launched in 2018, the "Registration & Stamp Duty Subsidy Scheme" is one of the "Information Technology Policy Schemes" by the Department of Information Technology, Government of Goa. The objective and the scope of this scheme is to provide Registration Stamp Duty Subsidy to the eligible Information Technology Units in the State of Goa. All the New and Existing Units having their operations in Goa are eligible. The scheme has been framed as a part of Goa's IT Policy that envisages Goa as an aspirational geographical and human resource base for IT Units and a preferred destination for their investment and expansion.
Exclusions
• The units availing similar financial incentives under any other policy of the Government of Goa are not eligible for availing benefits under this scheme.
Benefits
• Reimbursement of the stamp duty, such that the registration and stamp duty charges will not exceed ₹ 100/-.
• The excess amount paid to the authorities concerned will be reimbursed.
• The subsidy will be provided in full.
• The subsidy will be provided at the end of two years from the start of commercial operations or from the date of Notification of the Policy; whichever is later.
• NOTE 1: The benefits under this scheme are subject to budgetary allocation. No Promissory Estoppel shall be applicable if benefits are discontinued in case the allocation is exceeded.
• NOTE 2: Only transactions made during the operation of the Policy or up to 3 years prior to the notification of the Policy will be eligible for this subsidy.
Eligibility Criteria
1. All the new and existing units must have their operations in Goa.
2. - The applicant must be one of the below:
3. - Proprietorship Firm
4. - Private Limited Company incorporated under the Companies Act, 2013 (or equivalent)
5. - Public Limited Company incorporated under the Companies Act, 2013 (or equivalent)
6. - Registered Partnership Firm incorporated under the Indian Partnership Act, 1932 (or equivalent)
7. - Limited Liability Partnership incorporated under the Limited Liability Partnership Act, 2008 (or equivalent)
8. The bank accounts of the unit and/or its partner(s)/director(s) should be linked to Aadhaar.
Application Process
Step 1: Step 1: Visit the Official Web Portal of Goa Online. At the top right corner, click "Register".
Online
Step 1: Visit the Official Web Portal of Goa Online. At the top right corner, click "Register".
Step 2: Step 2: On the next page, verify your Email ID and Mobile Number using OTP. You will be redirected to the Registration Page.
Online
Step 2: On the next page, verify your Email ID and Mobile Number using OTP. You will be redirected to the Registration Page.
Step 3: Step 3: On the Registration Page, fill in all the mandatory fields of the registration form. Create a Login Name and a strong Password. Carefully read the Declaration and the Terms & Conditions, and tick the checkboxes. Fill in the Captcha Code, a…
Online
Step 3: On the Registration Page, fill in all the mandatory fields of the registration form. Create a Login Name and a strong Password. Carefully read the Declaration and the Terms & Conditions, and tick the checkboxes. Fill in the Captcha Code, and click "Register/Signup".
Step 4: Step 4: Login to the website using your Login Name and Password. Fill in the Captcha Code, and click "Login".
Online
Step 4: Login to the website using your Login Name and Password. Fill in the Captcha Code, and click "Login".
Step 5: Step 5: In the top ribbon, click on "Services", then click on "IT Services". Click on the name of the scheme. You will be taken to the application form for the scheme. Fill in all the mandatory fields and upload all the mandatory documents.
Online
Step 5: In the top ribbon, click on "Services", then click on "IT Services". Click on the name of the scheme. You will be taken to the application form for the scheme. Fill in all the mandatory fields and upload all the mandatory documents.
Step 6: Step 6: Submit the application. A unique registration number will be generated. Note this number for future reference.
Online
NOTE: The applicant can apply for this scheme on a quarterly/bi-annually/annual basis after incurring the relevant expenditure.
Incentive Application Receipt: D
Application scrutiny as per checklist: D+30days
Application approval by the Empowered Committee: D+60 days
Issue of Regret Letter/Sanction Orders and Disbursement: D+90 days
Required Documents
• Copy of Incorporation Certificate.
• Copy of new unit registration document/certificate.
• Copies of PAN, Aadhaar, and GST TIN.
• Memorandum and Articles of Association.
• Copy of first bill generated showing the date of commencement of operations or other relevant document.
• Occupancy certificate from developer/local authority for said office space.
• Details of employees and percentage of employees of Goan origin.
• Copies of challan/receipt for stamp duty, registration fee, transfer duty, etc.
• Copies of lease deed, sale deed, registration, or other ownership/transfer document for the said land and/or built-up office space for which registration and stamp duty are paid.
• Other supporting document(s).
• Udyog Aadhaar.
Frequently Asked Questions
Q: What are the eligible types of business entities for this scheme, and what linkage is required to Aadhaar?
A: Eligible entities include Proprietorship Firms, Private Limited Companies, Public Limited Companies, Registered Partnership Firms, and Limited Liability Partnerships. Their bank accounts should be linked to Aadhaar.
Q: Under what conditions are units excluded from availing benefits under the "Registration & Stamp Duty Subsidy Scheme"?
A: Units availing similar financial incentives under any other policy of the Government of Goa are not eligible for benefits under this scheme.
Q: What is the maximum limit for reimbursement of stamp duty charges under the scheme, and when is this subsidy provided?
A: The subsidy covers stamp duty charges up to [?]100, and it is provided in full at the end of two years from the start of commercial operations or from the date of Policy Notification, whichever is later.
Q: What is the timeline for disbursement under the "Registration & Stamp Duty Subsidy Scheme," including key milestones and their corresponding days (D)?
A: Incentive application receipt: D, Application scrutiny: D+30, Approval by the Empowered Committee: D+60, and Issue of Regret Letter/Sanction Orders and Disbursement: D+90.
Q: What is the time frame for considering applications under the "Registration & Stamp Duty Subsidy Scheme" from the date of receipt to disbursement?
A: The process takes approximately 90 days from the receipt of the incentive application to the issuance of Regret Letter/Sanction Orders and Disbursement.
Q: What is the significance of the unique registration number generated upon application submission, as mentioned in the application process?
A: The unique registration number serves as a reference for the applicant throughout the application and disbursement process.
Q: Explain the implications of the budgetary allocation on the continuity of benefits under the "Registration & Stamp Duty Subsidy Scheme".
A: Benefits may be discontinued if the allocation is exceeded, and no Promissory Estoppel shall be applicable in case of discontinuation.
Q: What does "DITC" stand for?
A: DITC stands for Directorate of Information Technology, and Communication.
Q: Provide the full form of "LLP," one of the eligible business entity types under the "Registration & Stamp Duty Subsidy Scheme."
A: LLP stands for Limited Liability Partnership.
Q: Where can I find detailed information about the "Registration & Stamp Duty Subsidy Scheme" launched in Goa in 2018?
A: You can find detailed information in the guidelines document, accessible through the URL: https://www.goa.gov.in/wp-content/uploads/2020/08/ITPolicySchemes2018.pdf.
Q: How can I check the status of my application under the "Registration & Stamp Duty Subsidy Scheme"? Is there a specific website for this?
A: Yes, you can track your application status at https://goaonline.gov.in/StatusTrack.
Q: Where can I find the official contact information if I have questions or need assistance with my application under the scheme?
A: Visit the official contact page at https://www.goa.gov.in/contact/ for relevant contact details.
Launched in 2018, the "Registration & Stamp Duty Subsidy Scheme" is one of the "Information Technology Policy Schemes" by the Department of Information Technology, Government of Goa. The objective and the scope of this scheme is to provide Registration Stamp Duty Subsidy to the eligible Information Technology Units in the State of Goa. All the New and Existing Units having their operations in Goa are eligible. The scheme has been framed as a part of Goa's IT Policy that envisages Goa as an aspirational geographical and human resource base for IT Units and a preferred destination for their investment and expansion.
Exclusions
• The units availing similar financial incentives under any other policy of the Government of Goa are not eligible for availing benefits under this scheme.
Benefits
• Reimbursement of the stamp duty, such that the registration and stamp duty charges will not exceed ₹ 100/-.
• The excess amount paid to the authorities concerned will be reimbursed.
• The subsidy will be provided in full.
• The subsidy will be provided at the end of two years from the start of commercial operations or from the date of Notification of the Policy; whichever is later.
• NOTE 1: The benefits under this scheme are subject to budgetary allocation. No Promissory Estoppel shall be applicable if benefits are discontinued in case the allocation is exceeded.
• NOTE 2: Only transactions made during the operation of the Policy or up to 3 years prior to the notification of the Policy will be eligible for this subsidy.
Eligibility Criteria
1. All the new and existing units must have their operations in Goa.
2. - The applicant must be one of the below:
3. - Proprietorship Firm
4. - Private Limited Company incorporated under the Companies Act, 2013 (or equivalent)
5. - Public Limited Company incorporated under the Companies Act, 2013 (or equivalent)
6. - Registered Partnership Firm incorporated under the Indian Partnership Act, 1932 (or equivalent)
7. - Limited Liability Partnership incorporated under the Limited Liability Partnership Act, 2008 (or equivalent)
8. The bank accounts of the unit and/or its partner(s)/director(s) should be linked to Aadhaar.
Application Process
Step 1: Step 1: Visit the Official Web Portal of Goa Online. At the top right corner, click "Register".
Online
Step 1: Visit the Official Web Portal of Goa Online. At the top right corner, click "Register".
Step 2: Step 2: On the next page, verify your Email ID and Mobile Number using OTP. You will be redirected to the Registration Page.
Online
Step 2: On the next page, verify your Email ID and Mobile Number using OTP. You will be redirected to the Registration Page.
Step 3: Step 3: On the Registration Page, fill in all the mandatory fields of the registration form. Create a Login Name and a strong Password. Carefully read the Declaration and the Terms & Conditions, and tick the checkboxes. Fill in the Captcha Code, a…
Online
Step 3: On the Registration Page, fill in all the mandatory fields of the registration form. Create a Login Name and a strong Password. Carefully read the Declaration and the Terms & Conditions, and tick the checkboxes. Fill in the Captcha Code, and click "Register/Signup".
Step 4: Step 4: Login to the website using your Login Name and Password. Fill in the Captcha Code, and click "Login".
Online
Step 4: Login to the website using your Login Name and Password. Fill in the Captcha Code, and click "Login".
Step 5: Step 5: In the top ribbon, click on "Services", then click on "IT Services". Click on the name of the scheme. You will be taken to the application form for the scheme. Fill in all the mandatory fields and upload all the mandatory documents.
Online
Step 5: In the top ribbon, click on "Services", then click on "IT Services". Click on the name of the scheme. You will be taken to the application form for the scheme. Fill in all the mandatory fields and upload all the mandatory documents.
Step 6: Step 6: Submit the application. A unique registration number will be generated. Note this number for future reference.
Online
NOTE: The applicant can apply for this scheme on a quarterly/bi-annually/annual basis after incurring the relevant expenditure.
Incentive Application Receipt: D
Application scrutiny as per checklist: D+30days
Application approval by the Empowered Committee: D+60 days
Issue of Regret Letter/Sanction Orders and Disbursement: D+90 days
Required Documents
• Copy of Incorporation Certificate.
• Copy of new unit registration document/certificate.
• Copies of PAN, Aadhaar, and GST TIN.
• Memorandum and Articles of Association.
• Copy of first bill generated showing the date of commencement of operations or other relevant document.
• Occupancy certificate from developer/local authority for said office space.
• Details of employees and percentage of employees of Goan origin.
• Copies of challan/receipt for stamp duty, registration fee, transfer duty, etc.
• Copies of lease deed, sale deed, registration, or other ownership/transfer document for the said land and/or built-up office space for which registration and stamp duty are paid.
• Other supporting document(s).
• Udyog Aadhaar.
Frequently Asked Questions
Q: What are the eligible types of business entities for this scheme, and what linkage is required to Aadhaar?
A: Eligible entities include Proprietorship Firms, Private Limited Companies, Public Limited Companies, Registered Partnership Firms, and Limited Liability Partnerships. Their bank accounts should be linked to Aadhaar.
Q: Under what conditions are units excluded from availing benefits under the "Registration & Stamp Duty Subsidy Scheme"?
A: Units availing similar financial incentives under any other policy of the Government of Goa are not eligible for benefits under this scheme.
Q: What is the maximum limit for reimbursement of stamp duty charges under the scheme, and when is this subsidy provided?
A: The subsidy covers stamp duty charges up to [?]100, and it is provided in full at the end of two years from the start of commercial operations or from the date of Policy Notification, whichever is later.
Q: What is the timeline for disbursement under the "Registration & Stamp Duty Subsidy Scheme," including key milestones and their corresponding days (D)?
A: Incentive application receipt: D, Application scrutiny: D+30, Approval by the Empowered Committee: D+60, and Issue of Regret Letter/Sanction Orders and Disbursement: D+90.
Q: What is the time frame for considering applications under the "Registration & Stamp Duty Subsidy Scheme" from the date of receipt to disbursement?
A: The process takes approximately 90 days from the receipt of the incentive application to the issuance of Regret Letter/Sanction Orders and Disbursement.
Q: What is the significance of the unique registration number generated upon application submission, as mentioned in the application process?
A: The unique registration number serves as a reference for the applicant throughout the application and disbursement process.
Q: Explain the implications of the budgetary allocation on the continuity of benefits under the "Registration & Stamp Duty Subsidy Scheme".
A: Benefits may be discontinued if the allocation is exceeded, and no Promissory Estoppel shall be applicable in case of discontinuation.
Q: What does "DITC" stand for?
A: DITC stands for Directorate of Information Technology, and Communication.
Q: Provide the full form of "LLP," one of the eligible business entity types under the "Registration & Stamp Duty Subsidy Scheme."
A: LLP stands for Limited Liability Partnership.
Q: Where can I find detailed information about the "Registration & Stamp Duty Subsidy Scheme" launched in Goa in 2018?
A: You can find detailed information in the guidelines document, accessible through the URL: https://www.goa.gov.in/wp-content/uploads/2020/08/ITPolicySchemes2018.pdf.
Q: How can I check the status of my application under the "Registration & Stamp Duty Subsidy Scheme"? Is there a specific website for this?
A: Yes, you can track your application status at https://goaonline.gov.in/StatusTrack.
Q: Where can I find the official contact information if I have questions or need assistance with my application under the scheme?
A: Visit the official contact page at https://www.goa.gov.in/contact/ for relevant contact details.
Eligibility Criteria
1
All the new and existing units must have their operations in Goa.
2
- The applicant must be one of the below:
3
- Proprietorship Firm
4
- Private Limited Company incorporated under the Companies Act, 2013 (or equivalent)
5
- Public Limited Company incorporated under the Companies Act, 2013 (or equivalent)
6
- Registered Partnership Firm incorporated under the Indian Partnership Act, 1932 (or equivalent)
7
- Limited Liability Partnership incorporated under the Limited Liability Partnership Act, 2008 (or equivalent)
8
The bank accounts of the unit and/or its partner(s)/director(s) should be linked to Aadhaar.
Benefits
Reimbursement of the stamp duty, such that the registration and stamp duty charges will not exceed ₹ 100/-.
The excess amount paid to the authorities concerned will be reimbursed.
The subsidy will be provided in full.
The subsidy will be provided at the end of two years from the start of commercial operations or from the date of Notification of the Policy; whichever is later.
NOTE 1: The benefits under this scheme are subject to budgetary allocation. No Promissory Estoppel shall be applicable if benefits are discontinued in case the allocation is exceeded.
NOTE 2: Only transactions made during the operation of the Policy or up to 3 years prior to the notification of the Policy will be eligible for this subsidy.
Required Documents
| # | Document |
|---|---|
| 1 | Copy of Incorporation Certificate. |
| 2 | Copy of new unit registration document/certificate. |
| 3 | Copies of PAN, Aadhaar, and GST TIN. |
| 4 | Memorandum and Articles of Association. |
| 5 | Copy of first bill generated showing the date of commencement of operations or other relevant document. |
| 6 | Occupancy certificate from developer/local authority for said office space. |
| 7 | Details of employees and percentage of employees of Goan origin. |
| 8 | Copies of challan/receipt for stamp duty, registration fee, transfer duty, etc. |
| 9 | Copies of lease deed, sale deed, registration, or other ownership/transfer document for the said land and/or built-up office space for which registration and stamp duty are paid. |
| 10 | Other supporting document(s). |
| 11 | Udyog Aadhaar. |
How to Apply
1
Step 1: Visit the Official Web Portal of Goa Online. At the top right corner, click "Register".
Online Step 1: Visit the Official Web Portal of Goa Online. At the top right corner, click "Register".
2
Step 2: On the next page, verify your Email ID and Mobile Number using OTP. You will be redirected to the Registration Page.
Online Step 2: On the next page, verify your Email ID and Mobile Number using OTP. You will be redirected to the Registration Page.
3
Step 3: On the Registration Page, fill in all the mandatory fields of the registration form. Create a Login Name and a strong Password. Carefully read the Declaration and the Terms & Conditions, and tick the checkboxes. Fill in the Captcha Code, a…
Online Step 3: On the Registration Page, fill in all the mandatory fields of the registration form. Create a Login Name and a strong Password. Carefully read the Declaration and the Terms & Conditions, and tick the checkboxes. Fill in the Captcha Code, and click "Register/Signup".
4
Step 4: Login to the website using your Login Name and Password. Fill in the Captcha Code, and click "Login".
Online Step 4: Login to the website using your Login Name and Password. Fill in the Captcha Code, and click "Login".
5
Step 5: In the top ribbon, click on "Services", then click on "IT Services". Click on the name of the scheme. You will be taken to the application form for the scheme. Fill in all the mandatory fields and upload all the mandatory documents.
Online Step 5: In the top ribbon, click on "Services", then click on "IT Services". Click on the name of the scheme. You will be taken to the application form for the scheme. Fill in all the mandatory fields and upload all the mandatory documents.
6
Step 6: Submit the application. A unique registration number will be generated. Note this number for future reference.
Online NOTE: The applicant can apply for this scheme on a quarterly/bi-annually/annual basis after incurring the relevant expenditure. Incentive Application Receipt: D Application scrutiny as per checklist: D+30days Application approval by the Empowered Committee: D+60 days Issue of Regret Letter/Sanction Orders and Disbursement: D+90 days
Frequently Asked Questions
Eligible entities include Proprietorship Firms, Private Limited Companies, Public Limited Companies, Registered Partnership Firms, and Limited Liability Partnerships. Their bank accounts should be linked to Aadhaar.
Sources and references
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