The Government of Haryana, on July 14, 2026, notified the Net SGST Reimbursement Scheme under the Haryana Registered Vehicle Scrappage & Recycling Facility Incentive Policy, 2024. The scheme aims to promote Registered Vehicle Scrapping Facilities (RVSFs) and Registered Vehicle Scrapping & Recycling Facilities (RVS&RFs) by providing investment subsidy in lieu of Net SGST, thereby reducing the cost of doing business and encouraging scientific vehicle scrapping and recycling in the State.
The scheme provides Net SGST reimbursement to eligible Ultra-Mega, Mega, Large, MSME, MSME Start-up, and specified existing vehicle scrapping and recycling units, with the quantum, duration, and reimbursement caps varying according to the project category and the block classification (B, C or D). The reimbursement is linked to the SGST paid through the cash ledger and is subject to limits based on Fixed Capital Investment (FCI) and other eligibility conditions.
The notification also prescribes key definitions, including Net SGST, Fixed Capital Investment, project categories, Registered Vehicle Scrapping Facility (RVSF), Registered Vehicle Scrapping & Recycling Facility (RVS&RF), End-of-Life Vehicles (ELVs), and related terms, providing the implementation framework for granting incentives to the vehicle scrapping and recycling sector in Haryana.
[Notification No. 20/01/2024-4IB-I]
