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How to apply for grant of Carry-on-Business License from Department of Industrial Policy & Promotion (DIPP)

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How to apply for a grant of Carry-on-Business License from Department of Industrial Policy & Promotion (DIPP)

  • This form is to be used for making application for the grant of Carry-On-Business (COB) License under the provisions of Sections 13(a), 13(b), 13(c), and 29B(2) of the Industries (Development & Regulation) Act, 1951.
  • Application is to be submitted to Secretariat for Industrial Assistance, Department of Industrial Policy & Promotion, Ministry of Commerce & Industry, Udyog Bhawan, New Delhi with 5 spare copies of the application.
  • Application shall be necessarily accompanied by a Demand Draft for 
  • Rs. 2500/- (Rupees Two thousand and five hundred only) drawn in favor of "Pay and Accounts Officer, Department of Industrial Development" payable at State Bank of India, Nirman Bhawan Branch, New Delhi.
  • The application should be complete in all respects.  Incomplete applications will not be entertained.  The application format should be duly signed and the designation/authority of the person signing the application should be clearly shown.
  • On receipt of application SIA will issue an Acknowledgement with a distinctive reference number.  The applicant has to quote the distinctive reference number in all future correspondence.
  • The applicant shall furnish details of investment and production duly certified by a Chartered Accountant.
  • In case unit is registered with technical authorities and/or State Director of Industries, a notarized copy of the registration certificate is to be attached.
  • Balance sheet for the last three years should be attached with three copies of the application.
  • Applicant shall furnish a list of names and addresses of proprietors, partners, owners or Board of Directors.
  • In calculating the value of Plant & Machinery, the original price thereof irrespective of whether the Plant & Machinery are new or second hand, shall be taken into account. 

For calculating the value of plant and machinery, the following shall be excluded, namely: -

  • The cost of equipment’s such as tools, jigs, dies, moulds and spare parts for maintenance and the cost of consumable stores;
  • The cost of installation of plant and machinery;
  • The cost of Research and Development (R&D) equipment and pollution control equipment;
  • The cost of generation sets, extra transformer, etc. installed by the undertaking as per the regulations of the State Electricity Board;
  • The Bank charges and service charges paid to the National Small Industries Corporation or the State Small Industries Corporation;
  • The cost involved in procurement or installation of cables, wiring, bus bars, electrical control panels (not those mounted on individual machines), Oil Circuit Breakers/Miniature Circuit Breakers, etc. which are necessarily to be used for providing electrical power to the plant and machinery/safety measures;
  • The cost of gas producer plant;
  • Transportation charges (excluding of taxes e.g. Sales-tax, Excise etc.)  For indigenous machinery from the place of manufacturing to the site of the factory;
  • Charges paid for technical know-how for erection of plant and machinery;
  • Cost of such storage tanks which store raw material finished products only and are not linked with the manufacturing process; and
  • Cost of fire fighting Equipment’s.

In the case of imported machinery, the following shall be included in calculating the value, namely: -

  • Import duty (excluding miscellaneous expenses as transportation from the port to the site of the factory, demurrage paid at the port).
  • The shipping charges.
  • Customs clearance charges, and Sales tax.

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Corpseed Admin