Chhattisgarh Stamp Duty Waiver for Buying Sick or Closed Industrial Units — Frequently Asked Questions

It is not a cash payout — it is a stamp duty waiver. When you acquire a sick or closed industrial unit in Chhattisgarh, the stamp duty that would normally be payable on that acquisition is exempted in full. The policy does not mention any monetary cap, so the value of the relief matches the duty your particular transaction would otherwise attract.

The claim is open to enterprises that are in the process of acquiring an industrial unit which has been officially declared sick or closed. The eligibility test centres on the status of the unit being taken over, not on the size or type of the buying enterprise.

The unit must have been identified and declared as closed or sick by the competent authorities, following the definitions set out in the Chhattisgarh Industrial Development Policy 2024-30. You cannot declare a unit sick or closed yourself — the official declaration is what makes the acquisition eligible for the relief.

No DPIIT or MSME registration requirement is mentioned for this incentive. The qualifying condition described for the scheme is the acquisition of a unit that has been officially declared sick or closed under the norms of the Chhattisgarh Industrial Development Policy 2024-30. If you want written confirmation for your specific case, check with the Department of Industries.

Neither. This is a subsidy delivered as an exemption on stamp duty, so there is no equity stake taken in your enterprise and no repayment involved. The saving simply stays with you as a lower cost of acquiring the unit.

No. The incentive operates on a rolling, always-open basis. There is no fixed deadline, because the relief is claimed as part of the unit acquisition itself — so the relevant timing is the schedule of your transaction, not a scheme calendar.

The policy describes the relief as a full exemption from stamp duty, and it does not state a monetary ceiling. That means the entire duty applicable to the qualifying acquisition is waived, whatever its value.

Start with the Chhattisgarh Industrial Development Policy 2024-30, which sets out the detailed procedure for claiming the exemption during a unit acquisition. Prepare the documentation relating to the takeover of the sick or closed unit as the policy guidelines require, then submit the exemption application through the designated state government portal or department in line with those submission requirements. The state's single-window portal at https://swsportal.cgstate.gov.in/login/ is the entry point.

You will need the documentation connected to the acquisition of the sick or closed unit, prepared as per the policy guidelines, along with evidence that the unit has been officially declared sick or closed by the competent authorities. All required papers must be submitted satisfactorily for the claim to be processed. The policy document lists the exact documentation expected.

The assessment is administrative. Officials verify that your enterprise qualifies and that the unit you are acquiring has been officially declared sick or closed as per government norms. They then review the submitted evidence against the criteria in the Chhattisgarh Industrial Development Policy 2024-30, and once everything is found compliant and complete, the exemption is granted.

Chhattisgarh Stamp Duty Waiver for Buying Sick or Closed Industrial Units is offered by Department of Industries, Government of Chhattisgarh, a government body. It is provided as non-dilutive funding.