Date :- 18-06-2024

Annexure — A

APPLICATION for Industrial Promotion Subsidy (IPS) under Package Scheme

of Incentives (PSI) 2019 Medium, Small and Micro Enterprises

1. Name of the eligible unit : SHREERAM PACKAGING

PLOT NO. C-25,MIDC INDL AREA, NANDGAON

2. Factory address of Eligible unit : PETH,AMRAVATI,MAHARASHTRA

Telephone number 9423426321

fax

e-mail

3. Office Address :

Telephone number fax, e mail

4 Eligibility Certificate No : DIC/PSI/EC/69/2023/NEW

5 Date of the Eligibility Certificate : 06/07/2023

6 Identification Certificate : --------

GST No. : 27BTXPG8803J1Z0

7. Accounting year followed : APRIL TO MARCH

8. Period for which the application : 01/04/2023 TO 31/03/2024

for IPS is made

9 Bank details of eligible units :

Bank & Branch Name STATE BANK OF INDIA

Branch address SME BRANCH,AMRAVATI

Branch IFS code (for RTGS) SBIN0016755

Account number (for RTGS) 32624642681

 Date:18-06-2024

To,

The Development Commissioner (Industries),

Sir,

In accordance with the Package Scheme of Incentives PSI-2024, application is

submitted for sanction of IPS of Rs._ 903212.00 ( Rs Nine Lakhs Three Thousand Two
Hundred Twelve Only) for the period from 01/04/2023 to 31/03/2024 The amount of SGST
payable & paid under the GST Act-2017 for the above period are shown in the Form as per
Annexure-B

1. The Following documents are submitted along with the application:

i) Auditor's Certificate about SGST paid / payable on eligible products during the
claim period in Annexure-B.

ii) Monthly / Quarterly / Annual returns filed under GST Act for the claim period.

iii) Resolution on the letter head of the unit authorizing signatory to sign on

the application and undertaking.

iv) Certificate about gross fixed assets in Annexure-C.

v) Statutory GST auditor’s report for yearly claim in form GSTR 9C

2. Details of gross fixed capital investment made as of

(date)
Land 8.86
SITE DEVLOPMENT 12.10
Building: 25.00
PLANT & MACHINERY : 106.81
ELECTRICALS 0.00
OTHER FIXED ASSTES 0.00

TOTAL 152.77

3. Means of Finance: (Please provide complete details)

4. The details of IPS sanctioned and / or disbursed to the eligible unit under the
Dated
DIC/PSI/EC/ 16-04-2024
Eligibility Certificate number 91/2024/746/NEW up to date of this Application are
provided below : -

Sr. No. Period IPS Date of IPS Date of

Sanctioned Sanction Disbursement Disbursement

152.77 LAKHS 01/06/2023

5. The details of IPS sanctioned and / or disbursed to the eligible unit under the
DIC/PSI/EC/69/2023/NEW Dated 01/07/23 from 01.04.2011 up to date of this
application are provided below : -

Sr. Perio Annu IPS IPS Surpl Date of IPS Date of

No d Al Admissib Sanction Us Sanction Disburs Disbursem
. Limit Le Ed C/F Ed Ed Ent
1.
2.
3.
4.
5.
6.

6. Details of Electricity Duty Exemption availed during the claim period

Sr. No. Month & Year Amount

7. Total amount of Electricity Duty Exemption availed till the, end of the quarter
prior to the claim period.:

8. Stamp Duty exemption availed during the claim period.

Sr. Type of Name of registering Date of Amount of

No. document. Office registration exemption availed
NIL

9. Total amount of stamp duty exemption availed till the end of the quarter prior to
the claim period.

10. Details of incentives as per para 5.7 of GR PSI-2019 dated 30.03.2007.

11. I / We have furnished to the implementing agency up to date follow-up

statements (Annual Production returns and Audited statements of accounts).

12. Certified that the statements made herein are true and as per facts.

I / We hereby agree that in the event of any reduction in my / our SGST liability
as a result of any decision in appeal, revision as a result of any judgment of tribunal or
court or for any reasons whatsoever including any mistakes in calculation the amount of
incentives determined at a lower amount or determined at Nil, I/We shall repay the
excess amount so disbursed along with interest @ 15% per annum or such other rates
as may be determined by the implementing agency.

Yours faithfully,
Name, Status and Signature of the
Authorized Signature
 Annexure - B

Certification of SGST Liability

ACCOMPANIMENT TO FORM NO.II FOR APPLICATION FOR IPS under PACKAGE

SCHEME OF INCENTIVES under PSI-2019

(To be certified by GST Auditor)

(For the period from 01.04.2023 to 31.03.2024 of Financial Year)

1. Name of the eligible unit SHREERAM PACKAGING

Address of the eligible PLOT NO.C-25,ADDITIONAL

2. unit MIDC,AMRAVATI,MAHARASHTRA

3. No. and date of Eligibility DIC/PSI/EC/69/2023/NEW DATE 01/07/2023

Certificate.
4. Identification Certificate.

5. Registration number with date and date of effect. 27BTXPG8803J1Z0

a) Under GST Act-2017 : Date 01.06.2023

6: Details of sale of Finished Product of eligible unit and Taxes paid thereon. A) Sale within the

State of Maharashtra

Sr. Finished Oty. SGST Payable CGST Payable

No Product/s Value Rate Amount Value Rate Amount
1 2 3 4 5 6 7 8 9
Sale of Finished Product within the State to Non- Related Party
CORRUGATED
1 BOXES 10035695.00 9% 903212.00 10035695.00 9% 903212.00
2
3

TOTAL 10035695.00 9% 903212.00 10035695.00 9% 903212.00

Sale of Finished Product within the State to Related party – Eligible**

Total
Sale of Finished Product within the State to Related party – Not Eligible**

Total
Services and not eligible products

Total
** Please refer Government Resolution No. PSI 2018/CR- 117/IND-8 date 20.12.2018

Signature of the Auditor Name Status & Signature of Authorized person

Seal Stamp of
B) Sale outside the State of Maharashtra

Sr. No. Finished IGST Details

Amoun
Product/s Qty. Value Rate t
1 2 3 4 3 4
00.00 ----- ----
C) Exports :

Sr.No. Qty. Value

1 2 3

D) Inter-state Branch Transfer: Rs.

E) Value of Zero-rated supplies without payment of tax: Rs.
F) Supplies on which tax is to be paid by recipient on reverse charge basis
G) Value of exempted, Nil Rated, Non-GST supplies, No-supply turnover:
H) Exports and Other supplies: Rs.
I) Total of A + B + C + D + F

Sr. NO. Finished Details SGST Payable

Product/s Qty. Value
1 2 3 4 5

1 10035695.00 903212.00

8. Details of Raw Material purchased for manufacture of eligible Finished Product

of eligible unit and Taxes paid thereon.

A) Purchases within the State of Maharashtra

Sr. Value SGST CGST

No Rate Amount Amount

1 2 3 4 5 6
1 ---- --- 396424.00 ----- 396424.00
2
3
4
5
TOTAL

Signature of the Auditor Name Status & Signature of Authorized person

Seal Stamp of
 A) Total Purchases
IGST CGST SGST TOTAL
1 Input Credit Inputs 2213634.00 396424.00 396424.00 3006482.00
2 Input Credit Capital Goods 000 000 000 000
3 Input Credit Input Services 000 000 000 000
4 Other Input Credit 000 000 000 000
5 Total Input Credit 2213634.00 396424.00 396424.00 3006482.00
6 Reversal of Input Credit 000 000 000 000
7 Net Input Credit 2213634.00 396424.00 396424.00 3006482.00
available
8 Input Credit Reversal of 000 000 000 000
SGST availed during
Previous Year
9 Input Credit of SGST 000 000 000 000
availed for previous
Financial Year
10 Total Input Credit for 2213634.00 396424.00 396424.00 3006482.00
FY 2023-24

B) Value of Purchase from outside the State of Maharashtra:

Sr. No. Value RATE IGST

1. ------- 2213634.00
2.
3.
4.
TOTAL

C) Imports :

Sr. No. Value IGST

9. Set-off admissible on SGST payable on sale of finished

product. Net SGST Payable = 903212.00

SGST
1 SGST Tax Payable 903212.00
2 Tax Paid Through ITC of IGST 903212.00
3 Tax Paid Through ITC of SGST 0.00
4 SGST Tax Paid Through Cash 0.00
5 SGST paid for liability declared in April 23 to Mar
24 – Through ITC
6 SGST paid for liability declared in April 22 to Mar -----
23 – Through Cash
7 Total SGST Tax Paid Through Electronic Cash Ledger (4+6)

Signature of the Auditor

Seal Stamp of Name Status & Signature of Authorized person
Registration No.:
10. a)Total SGST payable: 903212.00

b) SGST paid through cash ledger:-----0.00

11. Amount of IPS Receivable: (As applicable)

st
100% of Gross SGST payable on 1 sale within Maharashtra less any
other incentives under PSI 2019 Scheme = Rs.903212.00

12. Details of SGST paid for the above :

Sr. Date Amount of SGST paid Name of Bank & Branch

No. through cash ledger
1
2
3

Yours faithfully,

Name, Status and Signature of

the
Signature of the Auditor Authorised Signatory

Seal Stamp of Chartered Accountant

Registration No.
 Certificate

I hereby certify that from the examination of the. Book of Accounts and other
relevant records of the applicant M/s. SHREERAM PACKAGING that the Statements
made and particulars furnished herein are correct.

I hereby further certify that the figures shown herein are only in respect of production
and sale of eligible products by eligible unit and raw materials required for products and
sale of eligible products only and Industrial Promotion Subsidy claimed is only to extent
of SGST paid by Eligible Unit PLOT NO. C-25,MIDC INDL AREA, NANDGAON
PETH,AMRAVATI,MAHARASHTRA For which Eligibility Certificate Number
DIC/PSI/EC/69/2023/NEW has been issued under the Package Scheme of Incentives
2023.

I further certify that the applicant M/s. SHREERAM PACKAGING has not maintained
separate accounts and records of, expansion project (Para applicable for expansion
cases).
I hereby further certify that the figures shown herein are in the respect of related Party
transactions disclosed above are as defined in Government Resolution No. PSI
2018/CR- 117/IND-8 dated 20.12.2018 and corrigendum dated 08.03.2024 and are true
and fair.

Signature of the Auditor

Seal Stamp of
Registration No.
Date :
 Annexure - C

ACCOMPANIMENT TO THE APPLICATION FOR IPS : FROM AUDITOR REGARDING FIXED ASSETS.

1. Name of the eligible unit : SHREERAM PACKAGING

2. Location of the Eligible unit : PLOT NO. C-25, ADDITIONAL MIDC INDL AREA, NANDGAON
PETH,AMRAVATI,MAHARASHTRA

3. Period covered by the application: APRIL 2023 TO MARCH 2024

4. Eligibility Certificate No & Date : DIC/PSI/EC/69/2023/NEW 01-07-2023

5. Certified that the gross value of the fixed assets of the eligible units M/s.SHREERAM PACKAGING
located at – PLOT NO. C-25,MIDC INDL AREA, NANDGAON PETH,AMRAVATI,MAHARASHTRA for which
Eligibility Certificate No. DIC/PSI/EC/69/2023/NEW . dated 01-07-2023 is issued as under:

Gross value of the fixed assets

AT THE ACQUIRED ACQUIRED AT THE END AT THE END

BEGINNING DURING THE DURING THE OF THE YEAR OF THE
OF THE YEAR YEAR (2023- YEAR 31.3.23 PREVIOUS
2023 24) FY21-22

1. LAND 0.00 0.00 0.00 0.00 0.00

2. BUILDING 6.32 34.58 2.58 43.48 43.48

3. PLANT AND 13.37 22.12 34.61 70.10 70.10

MACHINERY
AND OTHER
EQUIPMENTS

4. OTHER 0.00 0.00 1.6 1.6 1.6

ASSETS

TOTAL 19.69 56.7 38.79 115.18 115.18

SR. DATE OF VALUE DESCRIPTION FROM DATE OF WHEATHER REMARKS

NO. PURCHASE OF ITEMS WHOM INSTALLATION NEW OR
PURCHASED SECOND
HAND
1 2 3 4 5 6 7 8

(* Relevant for expansion / diversification eligibility certificate. Previous FY refers to the year preceding
the financial year during which the acquisition of assets pertaining to expansion / diversification was
started

6. details of fixed assets acquired during the year should be given in the following form.
(Seal and initials of Chartered Accountant to appear on each sheet forming part of this
Annexure).

7. Details of Fixed assets disposed off / transferred etc. should be given in the
following form.

Sr. Date of Value Description From Date of Date of Value for which
No. purchase of items whom installation Sale / disposed off (if
purchased disposal shifted place to
transfer/ which shifted
shifting be indicated)
1 2 3 4 5 6 7 8

Authorised signatory

Name, Status and Signature of the

Authorised Signatory

This application shall be signed by any of the persons indicated above.

 CERTIFICATE

I/We hereby certify that upon audit of the Books of Accounts and other relevant
records of the applicant M/s SHREERAM PACKAGING PLOT NO C-25 ,ADDITIONAL MIDC INDL
AREA,NANDGAON PETH AMRAVATI,MAHARASHTRA the statements made and
particulars furnished herein are correct.

Yours faithfully,

Signature of the Auditor

Seal Stamp of

Chartered Accountant

Registration No.:
 Annexure- D

M/S SHREERAM PACKAGING

PLOT NO A 19
MIDC AMRAVATI
MAHARASHTRA
Anticipated SGST liability

Name of the unit :SHREERAM PACKAGING

Location :
PLOT NO. C-25,ADDITIONAL MIDC INDUSTRIAL
AREA,NANDGAON PETH
AMRAVATI,MAHARASHTRA

Eligibility Certificate number & Date EC NO. DIC/PSI/EC/69/2023/NEW DATE 01-07-2023

We hereby state that the anticipated SGST liability pertaining to afore-stated
Eligibility Certificate and eligible finished products, for next financial year (2024/25 ) is
as under;

Under GST Act, 2017:

The details are as under;

Name of Anticipated sale within Anticipated sale outside liability under

Products
Maharashtra (per annum) Maharashtra (per annum) SGST
Quantity Amount Quantity Amount

Corrugated
Boxes 5000000.00 NIL NIL 450000.00

Authorized Signatory

Name, Status and Signature of the

Authorised Signatory