Registration of IT Unit

*The Department of Industries may be contacted for more accurate information as well as for Registration.Letter of Intent (LOI) / Registration of IT Unit:

The State Government has announced and is considering various Fiscal and nonfiscal incentives to give an impetus to IT sector in the State, so as to consolidate the State's leading position. The concessions and incentives will be applicable to IT Units registered as Small Scale Industry (SSI) /Small Scale Service/Business Enterprises (SSSBE) /Maharashtra Small Industries (MSI)/Maharashtra Small Scale Service/Business Enterprises (MSSSBE) or holding Industrial Entrepreneurs Memorandum (IEM) on the strength of separate Letter of Intent (LOI) /Registration granted by the designated agencies mentioned below in para 3. The procedure for grant of such LOI /Registration has been finalised under the aegis of the High Powered Committee on Information Technology.
2. CLASSIFICATION OF IT UNITS:The Information Technology (IT) units are classified into three groups depending upon their activities, namely (a) IT Hardware unit, (b) IT Software unit, (c) IT Service (IT enabled service) unit. In some cases the benefits flowing under IT policy to each of these categories are different.
2.1 IT HARDWARE UNIT:IT hardware would basically comprise the items indicated in the list of 'Primary Products' and ' Priority Intermediate Products'' mentioned in the Report of Panel of the National IT Task force on Development. Manufacture and Export of IT Hardware. A list indicating the items to be recognized as IT hardware products is enclosed (Annexure - A and Al). Categorization as IT Hardware unit also requires that the unit's annual turnover of IT Hardware should exceed 75% of its total annual turnover in value terms.
2.2 IT SOFTWARE UNITS:IT software includes a wide range of products and it is not possible to draw up a comprehensive list in view of its nature and continuing developments in this sector. It has, therefore, been decided that the software units, whether in small scale or large scale sector, which are certified as such by the following competent agencies would be considered for registration as IT Software units. Categorization as an IT Software unit also requires that the unit's annual turnover of IT Software should exceed 75% of its total annual turnover in value terms.

more