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Section 15: Miscellaneous

The Goa Investment Promotion Rules, 2016State Rules of Goa · 2014

(1) Before recommending any proposal to the Government, the Board shall satisfy itself that setting up of a project in any area is absolutely necessary and the same deserves in the larger public interest.

(2) The Chief Executive Officer shall communicate to the Secretary (Industries), Government of Goa, the details of the land such as survey number, sub-division number, details of owner while recommending a project.

(3) The Industries Department shall obtain the approval of the Government on each such project before notifying any area under sub-section (2) of section 7, and where an area exceeds 15,000 sq. mtrs. the approval of the Chief Minister shall be obtained and where area exceeds 25,000 sq. mtrs. approval of Council of Ministers shall be obtained.

(4) Every notification under sub-section (2) of section 7 declaring any area in the State as investment promotion area, shall specify—

(i) the detailed description and boundaries of the area alongwith survey numbers;

(ii) the date on which the notification declaring area as Investment Promotion Area shall come into force;

(iii) any such details as the Government may deem fit to specify.

(5) The Head of Department/Government Agency/Competent Authority under the relevant Acts, Statutes, Rules, Regulations, Notifications, Orders, Bye-laws, etc., shall assist the concerned Secretary to the Government in discharge of his above function as if the proposal was to be processed by them had it been received by the concerned Department, Government agency or the Competent Authority directly.

(6) The Board shall be bound by all the Central and State laws.

By order and in the name of the Governor of Goa.

Manoj Kumar Sahoo, Secretary (Industries).

Porvorim, 26th July, 2016.

-5- ————— GOA INVESTMENT PROMOTION AND FACILITATION BOARD (Goa-IPB) FORM II (See rule 7) ANNUAL REPORT For the Year 20........... to 20...........

1. Brief on Activities and Achievements during the financial year.

2. Number of meetings conducted by the Goa-IPB with attendance details.

Meeting No. Date of Meeting Time and Venue No. of Attendees

3. Details of policy changes initiated by the Goa-IPB.

Details of proposed policy change Date of Meeting and Meeting No.

where the proposal was made Status of proposed policy change

4. List of Projects approved by the Board meeting wise with Investment and Employment proposed.

Meeting No.

Project Number Project Description Investment proposed in crores Employment proposed in Nos.

5. Status of Approved Projects as of the year end with Percentage completion, actual employment against commitment and actual investments against commitment.

Project Number Project Description Investment Status Employment Status Status of Completion Propose d Act ual Propose d Ac tua l

6. Utilisation of Grants received by the Goa-IPB.

Grants Received Grant Utilization Date of Receipt Amount in Crores Head Amount in Crores Salaries Stationery Rentals Promotion expenses

7. Income Statement for the Goa-IPB.

Description Payee details Amount in Rupees Remarks -6-

8. Report on Promotion Activities of the Goa-IPB.

Sr.

No.

Description of Activity Spend in Rupees Positive leads received Investment resulting from the activity

9. Report on Facilitation Activities of the Goa-IPB.

Sr.

No.

Description of Facilitation Activity Organisation Facilitated Status and Result of Facilitation Activity

10. Any Significant rewards and recognition received in the year by the Goa-IPB.

Sr.

No.

Description of Reward or Recognition received Date Facilitation Body GOA INVESTMENT PROMOTION AND FACILITATION BOARD FORM I (See rule 6) BUDGET PROPOSED FOR THE YEAR 20 ...... TO 20 .....

Receipt Amount Expenditure Amount CARRY FORWARD OF PREVIOUS GRANT Salaries & Wages Honorarium Rental for office premises GRANT IN AID Travelling expenses Vehicle hire FACILITATION FEES Advertising expense Hotel & Boarding expenses FEES/CHARGES Electricity charges Telephone expenses INCOME FROM EVENTS/ /EXHIBITIONS Printing & stationery Refreshments Miscellaneous expense INTEREST FROM SAVINGS BANK ACCOUNT Postage & Telegram & courier Bank charges Audit & Professional fees Repairs & maintenance Exhibition and Promotion expenses Programme expenses Fixed assets Total Rs.

Total Rs.

-7- GOA INVESTMENT PROMOTION AND FACILITATION BOARD FORM III(A) (See rule 8) RECEIPT & PAYMENT FOR THE YEAR ENDED 31st MARCH, ...................

Receipt Amount Payments Amount TO OPENING BALANCES:

Cash in hand Bank Balance BY EXPENDITURE Salaries &Wages Contribution to Provident Fund Travelling expenses Advertising expense Hotel & Boarding expenses Electricity charges Telephone expenses Printing & stationery Refreshments Miscellaneous expense Postage & Telegram & courier Bank charges Audit & Professional fees Repairs & maintenance Exhibition expenses Programme expenses Fixed assets BY CLOSING BALANCES:

Cash in hand Bank Balance TO GOVT. GRANT TO FACILITATION FEES TO RTI INCOME TO RENT TO INTEREST IN SAVING BANK Total Rs.

Total Rs.

____________________________________________________________________________ -8- GOA INVESTMENT PROMOTION AND FACILITATION BOARD FORM III(B) (See rule 8) INCOME & EXPENDITURE FOR THE YEAR ENDED 31st MARCH, ...................

Expenditure Amount Income Amount TO EXPENDITURE TO EXCESS OF INCOME OVER EXPENDITURE DURING THE YEAR BY GOVT. GRANT BY FACILITATION FEES BY RTI INCOME BY RENT BY INTEREST IN SAVING BANK Total Rs. Total Rs.

GOA INVESTMENT PROMOTION AND FACILITATION BOARD BALANCE SHEET AS ON 31st MARCH, ........................

Liabilities Amount Amount Amount Amount ACCUMULATED FUNDS Balance as on 1-4- ...............

FIXED ASSETS At cost INCOME & EXPENDITURE ACCOUNT Balance as on 1-4- ...............

CLOSING BALANCES:

Cash in hand Bank Balance Add: Excess income over expenditure Total Rs.

Total Rs.

SCHEDULE I (See rule 11) S.

N.

Amount in Crore Rupees Fees to be charged for clearance/in-principle approval 1 for investment upto Rs. 10 Cr Rs. 15,000/- 2 for Investment above Rs.

10 Cr and upto Rs. 25 Cr Rs. 50,000/- 3 for Investment above Rs.

25 Cr and upto 50 Cr Rs. 1,00,000/- 4 for Investment above Rs.

50 Cr Rs. 2,00,000/- 5 Regularisation fee Rs. 5,00,000/ Notification GOA INVESTMENT PROMOTION AND FACILITATION BOARD (Goa-IPB)

Where this provision sits

ActThe Goa Investment Promotion Rules, 2016
Section15
Marginal noteMiscellaneous
JurisdictionState of Goa
StatusIn force as published by the source

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