Production Linked Incentives

Corporate & Government Attorneys

India’s Cabinet has approved the PLI Scheme to 10 key Sectors for enhancing India’s manufacturing capabilities and exports. The following 10 key sectors have been approved by the Government of India with a total outlay has been pegged at Rs 1,45,980 crore.

Jotwani Associates assists Clients with the following:

• 1) Checking the eligibility of your company for Production Linked Incentives (Free of Charge)
• 2) Application assistance under the schemes;
• 3) Representing before authorities for the above applications,
• 4) Assistance in calculating the amount of incentive,
• 5) Following up with the relevant authorities for disbursement.

MOVING FORWARD

The Production Link Incentives (“PLI”) vary from 4% to 6% of revenues, based on incremental sales and investments. The definition of sales, investments, thresholds eligibility and incentives are different, for different sectors. Therefore, Jotwani Associates advises to follow the steps enumerated as below:

Step 1: (2-days): Seek a Free Assessment on eligibility. Contact us at +919730049704, or fill-up the form: CLICK HERE
Step 2: (3-day): Evaluation Report Discussion (Conference Call), Engagement Letter, Sharing of the list of documentation required
Step 3: (14-days): After submission of documents from the client: application preparation, it’s approval from the client and filing at the Ministry  
Step 4:  (14-days or earlier): First follow up and review of objections, if any

SECTORS, MINISTRY AND PRODUCTS