What the notification does
Digitises state subsidy disbursements under the Uttar Pradesh Industrial Policy, 2022:
- Mandates monthly and annual SGST reimbursement filing exclusively via the Nivesh Mitra single window portal.
- Standardises the Chartered Accountant certificate and input tax credit reconciliation annexure.
- Sets a 45-day SLA for joint inspection by the District Industries Centre (DIC) and State Tax authorities.
Who it affects
Manufacturing entities, MSMEs, mega projects, and industrial units set up in UP claiming state fiscal incentives.
Points for finance teams
| ACTION | BY WHEN | OWNER |
|---|---|---|
| Register unit credentials on the updated Nivesh Mitra incentive sub-portal | Immediate | Accounts team |
| Prepare Form GSTR-3B vs cash ledger reconciliation statement | With each subsidy claim | Subsidy consultant |
The firm's note
The Government Order mandates end-to-end digital processing through Nivesh Mitra for all SGST subsidy claims. Physical verification by the District Industries Centre is streamlined via online chartered accountant certification.
Disclaimer. This note is a summary prepared by M Rishabh & Associates for general information as on 26 October 2026. It is not professional advice. Refer to the official notification for the full text, which prevails in case of any difference. See the full disclaimer.