Banglashree for Micro, Small and Medium Enterprises: Subsidy on Stamp Duty and Registration Fee (SDRFS)

The "Subsidy on Stamp Duty and Registration Fee (SDRFS)" is a sub-scheme introduced on April 1, 2020, by the Department of Micro, Small and Medium Enterprises and Textiles, Government of West Bengal. It will remain operational until March 31, 2025. The parent initiative, "Banglashree for MSME", seeks to promote balanced growth and a sustainable ecosystem within the state's MSME sector. Its objectives include optimising resource use, generating employment, and expanding operational reach, with the aim of establishing West Bengal as a national leader in this domain.

Under the SDRFS sub-scheme, entrepreneurs receive reimbursement for stamp duty and registration fees paid when registering documents within the state. This financial incentive is intended to lower the initial capital burden for new or expanding MSMEs in the manufacturing sector, thereby encouraging industrialisation and regional economic development.

To register, go to the Shilpasathi Portal and select ‘Apply Online’. Choose ‘Create New’ for a fresh registration. Pick the Applicant Type (Industry, Business, Commercial, Charitable Society, or Government entity) and enter the Registration Number. Complete all required fields on the ‘User Registration’ page and press ‘Register’.

To apply, return to the Shilpasathi Portal and click ‘Apply Online’. Log in with your username and password or through OTP. On the user dashboard, open ‘ALL SERVICES’ and choose ‘MSME Incentive’. Select ‘Create CAF’ to obtain a CAF ID, then click ‘Apply Online’ to continue. Complete the eligibility form and press ‘Save and Continue’ to access the Common Application Form (CAF). Fill in every mandatory field in the CAF and click ‘Update and Continue’ to see a preview. After submitting, check the application status on the Dashboard. From there, click ‘Click to Proceed’ to resume the application, then ‘Save’. Use ‘Preview’ to review the form. Click ‘Go to Application’ to complete ‘Online Form - A’. In the ‘APPLY SUBSIDY’ section, tick the subsidy items for each year and press ‘SAVE’. Move to the ‘FILL UP SUBSIDY’ tab, enter subsidy details for each year, and use ‘Add More’ for additional years. Upload the necessary documents, preview the details, click ‘VERIFY & SUBMIT’, tick the declaration box, and press ‘Submit Application’. Once submitted, you will receive an application reference number to track the status.

Applications are checked by the Department of Micro, Small and Medium Enterprises and Textiles, Government of West Bengal, for eligibility and completeness. Each submission is evaluated against the scheme’s criteria, which cover enterprise type, manufacturing sector focus, date of commercial production, and proper use of land or building for an approved project. Once found eligible, applications move forward for reimbursement of stamp duty and registration fees, calculated from the declared project details and the applicable geographical zone classification.