§1Who it is for
- Existing industrial units registered under GST in J&K on or before 31.03.2021
Useful if
J&K units GST-registered by March 2021 with pending claims.
Do not spend time on it if
Units started after 31 March 2021.
§2Eligibility
- Existing units registered under GST in the UT of J&K on or before 31.03.2021.
- Micro: 3%; Small, Medium and Large: 2% of turnover.
§3Benefits
- Micro units: 3% of turnover, max Rs 10 lakh a year for 5 years.
- SME and large units: 2% of turnover, max Rs 50 lakh a year for 5 years.
§4Norms — pattern of assistance
- 5 consecutive years within the policy period.
- Annual overall cap of Rs 50.00 crore for the whole incentive (all units together).
- Same sanction ladder as other policy incentives (GM DIC up to Rs 5 lakh; Divisional Committee to Rs 50 lakh; UT Committee above).
§5Documents
Tick each one as you get it ready.
EM-II / Udyam / IEM number and date
§6How to apply
- 1
Log in to J&K Single Window > My Incentive > Add Incentive > Department of Industries and Commerce > 'Subsidy on Turnover under J&K Industrial Policy 2021-30' > Apply.
§7Pros and cons
Merits
- Cash support linked to turnover for units that existed before April 2021 - no new investment needed (compendium).
Demerits
- Only for units GST-registered by 31.03.2021; five-year window appears to have ended 31 Mar 2026.
- Whole-scheme cap of Rs 50 crore a year can limit payouts.
→Related schemes
Need help with J&K Turnover Incentive?
Eligibility check, DPR and application file — ask us on WhatsApp.
Our interestHelp is our paid service. You can also apply for the scheme yourself.
¶Sources
- Compendium of Schemes for MSMEs - UT of J&K (Industries & Commerce Dept with SIDBI PMU, Nov 2022), hosted on J&K Single Window
- J&K Single Window - 'Jammu and Kashmir: Policies and Schemes' brochure (2022)
- J&K Single Window - user manual: Subsidy on Turnover under J&K Industrial Policy 2021-30
Checked on 18 October 2026. For information only — confirm with the department or bank. Spotted a mistake? Report it.