Notification of Credit Rating Scheme under EPP 2015

1

Name of the scheme

Credit Rating Scheme

Important Instructions

1. All micro and small enterprises existing anywhere in State of Haryana, shall be eligible.
2. Medium and Large industrial units are not eligible.
3. The items of manufacture should not fall in the restrictive list as notified by State Government from time to time.
4. CLU/NOC is required from competent authority, if applicable.
5. The unit should be in regular production at the time of disbursement of assistance.
6. In case of rejection of case, an appeal shall lie with the Principal Secretary Industries and Commerce, Haryana within a period of 30 days.

Documents to be enclosed with the request

1. Acknowledgement of EM part-II/UAM Registration.
2. Certificate of Incorporation/ Partnership deed.
3. Board resolution/ Power of attorney
4. Change of Land Use (CLU)/ NOC from competent authority, if applicable.
5. Undertaking/Declaration on non-judicial stamp paper(Annexure-II)
6. CA Certificate (Annexure-III)
7. Audited balance sheet of the unit of last year (if Applicable).
8. Copy of first sale bill.
9. Copy of bills raised by certifying agency & proof of payment thereof

Timeline and Procedure

1. Submit application online with all the required documents within 03 months from the date of the certification of Credit rating.
2. Online application submitted shall be processed and examined by concerned Joint Director/ Deputy Director.
3. If any discrepancy is found, the application shall be put onhold and be communicated to the applicant within 10 working days.
4. The applicant will rectify the deficiencies within 06 weeks failing which the application will liable to be rejected.
5. After completion of the application, the approval letter will be issued within 60 working days.
6. The applicant will submit the documents mentioned in approval letter within 15 days.
7. After compliance of conditions of approval letter, the sanction letter for releasing the incentive will be issued within 15 working days.