class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: 3.75pt; text-align: justify; : normal; background: white;">The Finance Department of Maharashtra on March 19, 2021 has issued a trade circular issuing clarifications on government resolution issued to provide Industrial Promotional Subsidy (IPS) to all eligibility units for the sanction and disbursement.
Therefore, it has been decided that there is no need to issue the identification certificate to any eligible PSI units for periods under the GST. The record of the PSI units shall be maintained on the basis of eligibility certificate only.
[Trade Circular No. 07 of 2021]