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Subsidy

Querist : Anonymous (Querist) 07 August 2010 This query is : Resolved 
Dear Sir,

I have received Cash Subsidy as per Gujarat state Inustrieal Policy 1995-2000 at 2003.

This subsidy is senctioned by DIC and which had payment direct our financial Institute GSFC.

GSFC had credited our SUBSIDY in our due intrest account not in Capital Account (Principal Account).

Sir, According to our sources GSFC should credit the Subsidy in our Principal Account.

You are requested to give your valuabele advise above matter and oblize us.

Thanks with best regards,

Tejasbhai Parekh.
s.subramanian (Expert) 07 August 2010
subsidy should always be credited in the principal account.what has been done your case is most improper. take up the matter with government at once. if there is no positive response file a writ before the high court.
Raj Kumar Makkad (Expert) 07 August 2010
In continuation to advice of Subramanian, I suggest you to go through the document paper/scheme of subsidy in depth wherein it might be clear in which account such subsidy shall be credited. As you have already accepted the scheme in toto so you have no option to move beyond the provisions of policy. Take the appropriate decision thereafter.
Querist : Anonymous (Querist) 08 August 2010
Dear Sir,

We are very thankful you for your valuable advise about this matter.

Sir, We want to take up the matter government department as our case GSFC, you are requested to give us the GR, JUDGEMENT OF COURT,etc... to convince the officer of the GSFC to avoid the writ before the High Court.

Wishing your best reply and thanks for giving your valuable time.

Thanks with best regards,

Tejasbhai


Querist : Anonymous (Querist) 12 August 2010
Dear Sir,

We may pay the fees for our this query.

I have received Cash Subsidy as per Gujarat state Inustrieal Policy 1995-2000 at 2003.

This subsidy is senctioned by DIC and which had payment direct our financial Institute GSFC.

GSFC had credited our SUBSIDY in our due intrest account not in Capital Account (Principal Account).

Sir, According to our sources GSFC should credit the Subsidy in our Principal Account.

You are requested to give your valuabele advise.

Sir, We want to take up the matter government department as our case GSFC, you are requested to give us the GR, JUDGEMENT OF COURT,etc... to convince the officer of the GSFC to avoid the writ before the High Court.

Wishing your best reply and thanks for giving your valuable time.

Thanks with best regards,

Tejasbhai Parekh.


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