Is It Possible to Claim Both Central and State Subsidies for Machinery?
Short answer: Sometimes, but it depends on the schemes. Some schemes allow a business to combine central and state benefits, while others do not allow two subsidies on the same item of machinery. The rules are in the guidelines of each scheme, so check both before you apply, and never claim without disclosing the other benefit. Introduction Central and state governments both run schemes to support MSMEs. So a business owner naturally thinks: if I qualify for both, can I get both on the same machine?' This is a question where guesswork can be costly. Some schemes clearly allow it, some set a combined limit and some do not allow double benefit on the same item at all. Claiming a benefit without disclosing another can lead to rejection or recovery of the subsidy. At Sharda Associates , we prepare CA-certified project reports and CMA data, and we help MSMEs with bank loan documentation. In this guide, we explain how central and state subsidies usually interact, what to check in the ...