How to Apply for Maharashtra Industrial Promotion Subsidy (IPS) — 100% SGST Subsidy for MSMEs

Claims under the Industrial Promotion Subsidy are handled as a submit-and-verify process rather than a competitive selection round. The sequence, as set out in the policy's operational guidelines, runs like this:

• Check eligibility first. Read Section 4.1.1 (A) and Table 4 of the Maharashtra Industries Investment and Services Policy 2025 to confirm that your unit qualifies as an eligible MSME unit and that your product falls within the policy's definition of eligible products.
• Get registrations and compliance in place. Ensure the unit is registered as an MSME and meets the state's industrial and investment policy requirements, including any state-specific registrations the policy specifies.
• Assemble the first-sale file. Keep complete records of the first sale — invoices, delivery challans and proof of the SGST paid — and be able to show that the product was invoiced and delivered within Maharashtra.
• Submit the claim. File the subsidy claim through the designated online portal or authority named in the policy's operational guidelines, uploading the relevant supporting documents.
• Verification. State authorities review the claim and its documents to confirm eligibility and to check that the subsidy amount has been worked out correctly.
• Disbursement. Once verification is complete, the 100% Gross SGST subsidy is released to the eligible unit.