Fin Msme Sec

8/11/2019 Fin Msme Sec

1/13

FINANCING TO MSME SECTOR

1. ELIGIBILITY

1.1 MICRO ENTERPRISE

1.1.1 MICRO (MANUFACTURING) ENTERPRISES

Enterprise engage in t!e "an#$a%t#re &r pr%ti&n' pr&%essing &r preserati&n &$ g&&s

an !&se inest"ent in p*ant an "a%!iner+ (&rigina* %&st e,%*#ing *an an -#i*ingan s#%! ite"s spe%i$ie -+ t!e Ministr+ &$ S"a** S%a*e In#stries ie its n&ti$i%ati&n

N.O. S.O.1//(E) ate O%t&-er 0'/2 as $#rnis!e in Anne,#re3I) &es n&t e,%ee Rs.

/0 *a4!' irrespe%tie &$ t!e *&%ati&n &$ t!e #nit.1.1./ MICRO (SER5ICE) ENTERPRISES

Enterprise engage in pr&iing6renering &$ seri%es an !&se inest"ent in e7#ip"ent

(&rigina* %&st e,%*#ing *an an -#i*ing an $#rnit#re' $ittings an &t!er n&t ire%t*+

re*ate t& t!e seri%e renere &r as "a+ -e #ner t!e Mi%r&' S"a** an Mei#"

Enterprises 8ee*&p"ent' (MSME8)' A%t /2) &es n&t e,%ee Rs. 1 *a4!.

1.2 SMALL ENTERPRISES

1./.1 SMALL (MANUFACTURING) ENTERPRISES

Enterprise engage in t!e "an#$a%t#re &r pr%ti&n' pr&%essing &r preserati&n &$ g&&san !&se inest"ent in p*ant an "a%!iner+ (&rigina* %&st e,%*#ing *an an -#i*ing

an s#%! ite"s as in 1.1.1) &es n&t e,%ee Rs. 0 %r&re

1././ SMALL (SER5ICE) ENTERPRISES

Enterprise engage in pr&iing6renering &$ seri%es an !&se inest"ent in e7#ip"ent(&rigina* %&st e,%*#ing *an an -#i*ing an $#rnit#re' $ittings an s#%! ite"s as in 1.1./)

&es n&t e,%ee Rs. / %r&re.1./.9 S"a** an Mi%r& (Seri%e) enterprise s!a** in%*#e S"a** R&a an :ater Transp&rtOperat&r' S"a** B#siness' Retai* Trae' Pr&$essi&na* ; Se*$ E"p*&+e Pers&ns ; &t!er

seri%e enterprises.

1./.< L&ans grante t& Retai* traers ea*ing in essentia* %&""&ities ( Fair Pri%e S!&ps )an C&ns#"er C&3&peratie St&res are e*igi-*e $&r %*assi$i%ati&n #ner Mi%r& ; S"a**

Enterprises Se%t&r it!in Pri&rit+ Se%t&r ' it!t an+ %ei*ing in %reit Li"it ' pr&ie

inest"ent in e7#ip"ent (&rigina* %&st e,%*#ing *an ; -#i*ing an $#rnit#re 'Fittingsan &t!er ite"s n&t ire%t*+ re*ate t& t!e seri%e renere &r as "a+ -e n&ti$ie #ner t!e

MSME8 A%t'/2 ) &es n&t e,%ee RS.1. *a%s an Rs./. %r&res $&r Mi%r&

( Seri%e) Enterprises an S"a** ( Seri%e ) Enterprises respe%tie*+.

L&ans grante t& Priate retai* Traers * -e e*igi-*e $&r %*assi$i%ati&n #ner Mi%r& an

S"a** Enterprises Se%t&r it!in Pri&rit+ Se%t&r &n*+ #pt& a Creit Li"it n&t e,%eeing

Rs./. *a% an pr&ie t!e+ satis$+ t!e e$initi&n &$ Mi%r& ; S"a** (Seri%e)Enterprises in respe%t &$ inest"ent in E7#ip"ent.


2/13

1.9.1 ME8IUM (MANUFACTURING) ENTERPRISES

Enterprise engage in t!e "an#$a%t#re &r pr%ti&n' pr&%essing &r preserati&n an!&se inest"ent in p*ant an "a%!iner+ (&rigina* %&st e,%*#ing *an an -#i*ing an

t!e ite"s spe%i$ie -+ t!e Ministr+ &$ S"a** S%a*e In#stries ie its n&ti$i%ati&n N&. S.O.

1//(E) ate O%t&-er 0' /2) is "&re t!an Rs. 0 %r&re -#t &es n&t e,%ee Rs. 1 %r&re.

1.9./ ME8IUM (SER5ICE) ENTERPRISES

Enterprise engage in t!e pr&iing6renering &$ seri%es an !&se inest"ent ine7#ip"ent (&rigina* %&st e,%*#ing *an an -#i*ing an $#rnit#re' $ittings an s#%! ite"s

as in 1.1./) is "&re t!an Rs. / %r&re -#t &es n&t e,%ee Rs. 0 %r&re.

1.< =>A8I AN8 5ILLAGE IN8USTRIES SECTOR (=5I)A** aan%es grante t& #nits in t!e =5I se%t&r' irrespe%tie &$ t!eir si?e &$ &perati&ns'

*&%ati&n an a"nt &$ &rigina* inest"ent in p*ant an "a%!iner+. S#%! aan%es i** -e

e*igi-*e $&r %&nsierati&n #ner t!e s#-3target (2 per %ent) &$ t!e s"a** enterprises

seg"ent it!in t!e pri&rit+ se%t&r.

1.0SOFT :ARE IN8USTRYT!e enterprises engage in t!e ee*&p"ent &$ s&$tare &r6an pr&iing s&$tare seri%es

!ae t& pr&%#re %ertain essentia* s&$tare t& -e *&ae in t!e e7#ip"ents #se $&r

ee*&p"ent &$ s&$tare &r6 an pr&iing s&$tare seri%e. T!ere$&re t!e %&st &$pr&%#re"ent &$ s&$tare essentia* $&r ee*&p"ent &$ s&$tare &r6an pr&iing s&$tare

seri%es "a+ -e %&nsiere as ite" &$ inest"ent in e7#ip"ent $&r t!e enterprises engage

in t!e ee*&p"ent &$ S&$tare &r6an pr&iing s&$tare seri%es $&r t!e p#rp&se &$

%*assi$i%ati&n s&$tare in#str+ as Mi%r&' S"a** &r Mei#" (Seri%e Se%t&r) as perMSME8 A%t /2.

/. CLASSIFICATION OF ADVANCES TO MICRO, SMALL AND MEDIUM

ENTERPRISES SECTOR WITHIN PRIORITY SECTOR

/.1 A** *&ans grante t& Mi%r& an S"a** Enterprises (-&t! Man#$a%t#ring an Seri%es)

/./ L&an t& =!ai an 5i**age in#stries se%t&r (=5I)/.9 Inire%t $inan%e !i%! in%*#e@3

/.9.1 Pers&ns in&*e in assisting t!e e%entra*i?e se%t&r in t!e s#pp*+ &$ inp#ts an

"ar4eting &$ tp#ts &$ artisans' i**age an %&ttage in#stries.

/.9./ Aan%es t& %&&peraties &$ pr%ers in t!e e%entra*i?e se%t&r i?. Artisans'i**age an %&ttage in#stries.

/.9.9 L&ans grante -+ -an4s t& NBFCs $&r &n3*ening t& s"a** an "i%r& enterprises

("an#$a%t#ring as e** as seri%e). In ter"s &$ M&netar+ P&*i%+ State"ent /1131/t.9.0./11 an RBI Cir%#*ar RPC8.CO.P*an 226


3/13

Enterprises satis$+ t!e e$initi&n &$ MSE Se%t&r as %&ntaine in MSME8 A%t '/2

'irrespe%tie &$ !et!er t!e -&rr&ing Entit+ is engage in e,p&rt &r &t!erise.

T!e E,p&rt Creit grante t& MSEs "a+ -e rep&rte separate*+ #ner !eaing E,p&rtCreit t& Mi%r& an S"a** Enterprises Se%t&r.

Note: Ministry o Mi!ro, S"#$$ #n% Me%i&" Enter'rises, Go(t) o In%i# *#s #%(ise%to s&+stit&te t*e ter" Mi!ro #n% S"#$$ Enter'rise MSE- in '$#!e o S"#$$ S!#$e

In%&stry SSI- #n% EM #!.no/$e%0e"ent in '$#!e o 'er"#nent SSI re0istr#tion in

#$$ o&r !o""&ni!#tion1 Do!&"ent#tion et!) #s #%(ise% +y &s in o&r Cir!&$#r No)SME1

MSME121OM34252155356 %t)66)47)55)

9. TARGETS FOR MSE LEN8ING

9.1 Aan%es t& Mi%r& ; S"a** enterprises (MSE) se%t&r i** -e re%4&ne in %&"p#tingper$&r"an%e #ner t!e &era** Pri&rit+ Se%t&r Creit target &$


4/13


5/13

O %ir%#*ar N&. CRM6CRM616OM3H61 11 ate Mar%! 11' /11.


6/13

or 6n% *i0*est r#te% #!!o&nts, or r#tin0 &ne -+

R#tin0 A0en!ies) 8&t t*e ee!ti(e r#te o interest s*o&$% not 0o +e$o/ 8#se r#te)


7/13

T& &$$er $iner Interest Rate t& t!e MSE C#st&"ers' Ban4 "a+ s%t -#*4 7#a*it+ pr&p&sa*s

$r&" C*#ster6grp &$ !&"&genes MSME #nits as per t!e ispensati&n a#t!&rit+ t&appr&e re*a,ati&n in interest rate "enti&ne in t!e 5&*#"e3I &$ t!e Lening P&*i%+ #ner

t!e !ea Pri%ing &$ Aan%es A%%nts an Creit Ris4 Rating.


8/13

Repa+"ent s%!e#*e s!* -e $i,e ta4ing int& a%%nt t!e s#stenan%e re7#ire"ents'

s#rp*#s generating %apa%it+' -rea4 een p&int' *i$e &$ t!e asset' et%.' an n&t in an a !&%

"anner.

7

Ot!er para"eters an -en%!"ar4 $inan%ia* rati&s *i4e' TOL6TN:' 8e-t e7#it+ Rati&'

C#rrent Rati&' 8SCR' Fi,e Asset %&erage rati&' et%. s!* -e in *ine it! t!e Ban4s*ening p&*i%+.

ARGES.

As per preai*ing g#ie*ine &$ t!e -an4. N& seri%e6inspe%ti&n %!arge t& -e *eie $&rMi%r& an S"a** Enterprise (MSE) a%%nts #p t& Rs./. *a4!

ER RIS=S

Ins#ran%e &$ assets %reate t &$ -an4 $inan%e in t!e $&**&ing %ases "a+ -e aie.

Categ&r+ T+pe &$ Ris4 T+pe &$ Asset

Aan%e t& s"a** enterprises

Up t& ; in%*#sie &$ Rs./0'63

B+ a+ &$ 3

a) C&"p&site *&an t& artisan 5i**age ; %&ttage

in#stries

Fire E7#ip"ent; C#rrent asset

-) A** ter" *&ans Fire E7#ip"ent

%) :&r4ing %apita* *&an !ere t!ese areagainst n&n3!a?ars g&&s

Fire C#rrent Asset


9/13

:!ere' !&eer' ins#ran%e &$ e!i%*e &r "a%!iner+ &r &t!er e7#ip"ent 6assets is

%&"p#*s&r+ #ner t!e pr&isi&ns &$ an+ *a &r !ere s#%! a re7#ire"ent is stip#*ate int!e re$inan%e s%!e"e &$ an+ re$inan%e agen%+ &r as part &$ a G&ern"ent sp&ns&re

pr&gra""es s#%! as SGSY' ins#ran%e s!* n&t -e aie een i$ t!e re*atie %reit

$a%i*it+ &es n&t e,%ee Rs./0'63.


10/13

0.< TIME FRAME FOR APPRO5AL OF PROPOSALS UN8ER MSME38RS

T!e Restr#%t#ring pa%4age s!* -e &r4e t an i"p*e"ente it!in a+s $r&" t!e ate &$

re%eipt &$ re7#est $&r restr#%t#ring $r&" t!e -&rr&er.

0.0 ASSET CLASSIFICATION

0.0 TREATMENT OF STAN8AR8 ASSET

0.0.1 A res%!e#*ing &$ t!e insta*"ents &$ prin%ipa* a*&ne' * n&t %a#se a stanar asset t& -e%*assi$ie in t!e s#-3stanar %ateg&r+' pr&ie t!e -&rr&ers tstaning is $#**+ %&ere -+ tangi-*e

se%#rit+. >&eer' t!e %&niti&n &$ tangi-*e se%#rit+ "a+ n&t -e "ae app*i%a-*e in %ases !ere

tstaning is #p t& Rs)6>)44 *a4! $&r MSE se%t&r.

0.0./ A res%!e#*ing &$ interest e*e"ent * n&t %a#se an asset t& -e &ngrae t& s#-stanar

%ateg&r+ s#-e%t t& t!e %&niti&n t!at t!e a"nt &$ sa%ri$i%e' i$ an+' in t!e e*e"ent &$ interest' "eas#re

in present a*#e ter"s is eit!er ritten &$$ &r pr&isi&n is "ae t& t!e e,tent &$ sa%ri$i%e in&*e. T!e

a"nt &$ sa%ri$i%e s!* eit!er -e ritten &$$ &r pr&isi&n "ae t& t!e e,tent &$ t!e sa%ri$i%e in&*e

2 TREATMENT OF SUB3STAN8AR8 6 8OUBTFUL ACCOUNTS SUBECTE8 TO

RESTRUCTURING@

2.1 A res%!e#*ing &$ t!e insta*"ents &$ prin%ipa* a*&ne' * rener a s#-3stanar -t$#* asset

e*igi-*e t& %&ntin#e in t!e s#-3stanar 6 -t$#* %ateg&r+ $&r spe%i$ie peri& (i.e. a peri& &$ &ne

+ear a$ter t!e ate !en $irst pa+"ent &$ interest &r &$ prin%ipa*' !i%!eer is ear*ier' $a**s #e #ner t!e

res%!e#*e ter"s' s#-e%t t& satis$a%t&r+ per$&r"an%e #ring t!e peri&.) pr&ie t!e -&rr&erststaning is $#**+ %&ere -+ tangi-*e se%#rit+. >&eer' t!e %&niti&n &$ tangi-*e se%#rit+ "a+ n&t -e

"ae app*i%a-*e in %ases !ere tstaning is #p t& Rs)6>)44 $#.* $&r MSE se%t&r.

2./ A res%!e#*ing &$ interest e*e"ent * rener a s#-3stanar -t$#* asset e*igi-*e t& -e

%&ntin#e t& -e %*assi$ie in t!e s#-3stanar 6 -t$#* %ateg&r+ $&r t!e spe%i$ie peri& s#-e%t t&

t!e %&niti&n t!at t!e a"nt &$ sa%ri$i%e' i$ an+' in t!e e*e"ent &$ interest' "eas#re in present a*#e

ter"s is eit!er ritten &$$ &r pr&isi&n is "ae t& t!e e,tent &$ sa%ri$i%e in&*e.

2.9 Een in %ases !ere t!e sa%ri$i%e is -+ a+ &$ rite &$$ &$ t!e past interest #es' t!e asset s!*

%&ntin#e t& -e treate as s#-3stanar 6 -t$#*.

A88ITIONAL FINANCE

T!e re!a-i*itati&n pa%4age i** %&"prise restr#%t#ring &$ present #es t& t!e Ban4 an san%ti&n &$

aiti&na* %reit $a%i*ities' i$ re7#ire. S#%! aiti&na* $inan%e i** -e treate as stanar asset in a**a%%nts &ne +ear a$ter t!e ate !en $irst pa+"ent &$ interest &r &$ prin%ipa*' !i%!eer is ear*ier' $a**s

#e #ner t!e appr&e restr#%t#ring pa%4age. I$ t!e restr#%t#re asset &es n&t 7#a*i$+ $&r #pgraati&n

at t!e en &$ t!e a-&e peri&' aiti&na* $inan%e s!a** -e p*a%e in t!e sa"e asset %*assi$i%ati&n

%ateg&r+ as t!e restr#%t#re e-t.

H UPGRA8ATION OF RESTRUCTURE8 ASSETS@

T!e s#-3stanar6-t$#* a%%nts' !i%! !ae -een s#-e%te t& restr#%t#ring' !et!er in respe%t &$

prin%ipa* insta*"ent &r interest' -+ !ateer "&a*it+' * -e e*igi-*e t& -e #pgrae t& t!e stanar

%ateg&r+ a$ter t!e spe%i$ie peri&' i.e.' a peri& &$ &ne +ear a$ter t!e ate !en $irst pa+"ent &$ interest

&r &$ prin%ipa*' !i%!eer is ear*ier' $a**s #e #ner t!e res%!e#*e ter"s' s#-e%t t& satis$a%t&r+

per$&r"an%e #ring t!e peri&.

ASSET CLASSIFICATION STATUS8#ring t!e spe%i$ie &ne3+ear peri&' t!e asset %*assi$i%ati&n stat#s &$ res%!e#*e a%%nts i** n&t

eteri&rate i$ satis$a%t&r+ per$&r"an%e &$ t!e a%%nt is e"&nstrate #ring t!e peri&. In %ase'

!&eer' t!e satis$a%t&r+ per$&r"an%e #ring t!e &ne +ear peri& is n&t eien%e' t!e asset

%*assi$i%ati&n &$ t!e restr#%t#re a%%nt * -e g&erne as per t!e app*i%a-*e pr#entia* n&r"s it!

re$eren%e t& t!e pre3restr#%t#ring pa+"ent s%!e#*e. T!e asset %*assi$i%ati&n * -e -an43spe%i$i%

-ase &n re%&r &$ re%&er+ &$ ea%! -an4 as per t!e e,isting pr#entia* n&r"s app*i%a-*e t& -an4s


11/13

1 REPEATE8 RESTRUCTURING

T!e spe%ia* ispensati&n $&r asset %*assi$i%ati&n as aai*a-*e in ter"s &$ paragrap!s 0.'0.H an 0.

a-&e' s!a** -e aai*a-*e &n*+ !en t!e a%%nt is restr#%t#re $&r t!e $irst ti"e

11 STAGES AT :>IC> PROPOSALS UN8ER MSME38RS CAN BE CONSI8ERE8

MSME 8RS is app*i%a-*e t& -&rr&ers een i$ t!e a%%nt is n&t Si%4' NPA &r in e$a#*t $&r a

spe%i$ie peri&.

P&tentia**+ ia-*e %ases &$ NPAs s!* get pri&rit+.

MSME38RS appr&a%! * pr&ie t!e ne%essar+ $*e,i-i*it+ an $a%i*itate &$ ti"e*+ interenti&n $&r

e-t restr#%t#ring.

Pr&p&sa*s #ner MSME38RS "a+ n&r"a**+ -e %&nsiere at aris stages s#%! as@

1. -e$&re %&""en%e"ent &$ %&""er%ia* pr%ti&n

/. a$ter %&""en%e"ent &$ %&""er%ia* pr%ti&n -#t -e$&re t!e asset !as -een %*assi$ie as s#-3

stanar

9. a$ter %&""en%e"ent &$ %&""er%ia* pr%ti&n an t!e asset !as -een %*assi$ie as s#-3stanar &r

-t$#*.

An+ &t!er stage &t!er t!an a-&e.

1/ 5IABILITY CRITERIA FOR MSME38e-t Restr#%t#ring S%!e"e (8RS)

1/.1 RBI GUI8ELINE

Ban4s "a+ e%ie &n t!e a%%epta-*e ia-i*it+ -en%!"ar4' %&nsistent it! t!e #nit -e%&"ing ia-*e in

+ears an t!e repa+"ent peri& $&r restr#%t#re e-t n&t e,%eeing 1 +ears.

1/./ In ter"s &$ RBI g#ie*ines app*i%a-*e t& 8e-t Restr#%t#ring Me%!anis" $&r MSMEs' entities

!i%! are ia-*e &r p&tentia**+ ia-*e %an -e %&nsiere. In &rer t& !ae #ni$&r"it+ in t!e assess"ent

&$ ia-i*it+ it is pr&p&se t& stip#*ate t!e $&**&ing ia-i*it+ %riteria.

PARTICULARS 5IABILITY NORMS FOR MSME38RS

Mini"#" Aerage 8SCR 31./0

Pr&"&ters sa%ri$i%e an aiti&na* $#ns -rg!t -+ t!e" s!* -e a "ini"#" &$ 10D &$ Ban4ssa%ri$i%e

Ma,i"#" Peri& it!in !i%! t!e #nit s!* -e%&"e ia-*e 3 +ears

Ma,i"#" Repa+"ent peri& &$ t!e restr#%t#re e-t 3 1 +ears

T!e re*ie$ an %&n%essi&ns "a+ -e e%ie as per t!e %as! $*& anti%ipate in t!e te%!n&e%&n&"i%

ia-i*it+ rep&rt.

19 RELIEFS AN8 CONCESSIONS

A SSI (n& MSE) #nit is %&nsiere as si%4 !en an+ &$ t!e -&rr&a* a%%nt &$ t!e #nit re"ains s#-

stanar $&r "&re t!an si, "&nt!s &r t!ere is er&si&n in net &rt! #e t& a%%#"#*ate %as! *&sses t& t!e

e,tent &$ 0D &$ its net &rt! #ring t!e preis a%%nting +ear an t!e #nit !as -een in %&""er%ia*

pr%ti&n $&r *ast / +ears. RBI' ie Master Cir%#*ar &n MSME se%t&r t.1../1' !as gien -r&a

para"eters $&r grant &$ re*ie$ an %&n%essi&ns $&r reia* &$ p&tentia**+ ia-*e si%4 SSI (n& MSE)

#nits' as #ner

a. Interest &n &r4ing %apita*@ 1.0D -e*& t!e preai*ing $i,e6 pri"e *ening rate' !ereer app*i%a-*e

-. FITL Interest $ree %. Interest &n :CTL 1.0D -e*& t!e preai*ing $i,e 6 pri"e *ening rate'

!ereer app*i%a-*e )Ter" L&an C&n%essi&ns in t!e interest t& -e gien n&t "&re t!an /D (n&t "&re

t!an 9D in t!e %ase &$ tin+ 6 e%entra*i?e se%t&r #nits) -e*& t!e &%#"ent rate.

Ta4ing t!e a-&e g#ie*ines int& %&nsierati&n' t!e Ban4' $r&" ti"e t& ti"e' %&"e #p it! %&n%essi&na*

interest rates $&r ia-*e si%4 SSI (n& MSE) #nits as e** an n&n3si%4 SSI (MSE) an si%46ea4 n&n3


12/13

SSI ("ei#") #nits' as in%&rp&rate in interest rate %ir%#*ars. :!i*e restr#%t#ring a%%nts &$ ia-*e

#nits #ner MSME se%t&r' t!e re*ie$ an %&n%essi&n in interest rate i** -e a**&e as per Ban4s s#%!

interest rate %ir%#*ars.

1< PROCE8URE

1&eer' t!e

restr#%t#ring pa%4age i** -e &r4e t it! t!e %&nsent &$ t!e -an4 !aing t!e se%&n *argest s!are

1


13/13

MINISTRY OF SMALL SCALE INDUSTRIES

NOTIFICATION Ne 8e*!i' t!e 0t! O%t&-er' /2

S.O. 1//(E) In e,er%ise &$ t!e p&ers %&n$erre -+ s#-3se%ti&n (1) &$ /2) !ereinre$erre t& as t!e sai A%t' t!e Centra* G&ern"ent spe%i$ies t!e $&**&ing ite"s' t!e %&st

&$ !i%! s!a** -e e,%*#e !i*e %a*%#*ating t!e inest"ent in p*ant an "a%!iner+ in t!e

%ase &$ t!e enterprises "enti&ne in Se%ti&n (1)(a) &$ t!e sai A%t' na"e*+@

i) E7#ip"ent s#%! as t&&*s' igs' +es' "*s an spare parts $&r "aintenan%e

an t!e %&st &$ %&ns#"a-*es st&res

ii) Insta**ati&n &$ p*ant an "a%!iner+

iii) Resear%! an ee*&p"ent e7#ip"ent an p&**#ti&n %&ntr&**e e7#ip"entiv) P&er generati&n set an e,tra trans$&r"er insta**e -+ t!e enterprise as per

reg#*ati&ns &$ t!e State E*e%tri%it+ B&arv) Ban4 %!arges an seri%e %!arges pai t& t!e Nati&na* S"a** In#stries

C&rp&rati&n &r t!e State S"a** In#stries C&rp&rati&n

vi) Pr&%#re"ent &r insta**ati&n &$ %a-*es' iring' -#s -ars' e*e%tri%a* %&ntr&* pane*s(n&t "ne &n inii#a* "a%!ines)' &i* %ir%#it -rea4ers &r "iniat#re %ir%#it

-rea4ers !i%! are ne%essari*+ t& -e #se $&r pr&iing e*e%tri%a* p&er t& t!e

p*ant an "a%!iner+ &r $&r sa$et+ "eas#res

vii) Gas pr%ers p*ants transp&rtati&n %!arges (e,%*#ing sa*es3ta, &r a*#eae ta, an e,%ise #t+) $&r inigens "a%!iner+ $r&" t!e p*a%e &$ t!e

"an#$a%t#re t& t!e site &$ t!e enterprise

viii) C!arges pai $&r te%!ni%a* 4n&3!& $&r ere%ti&n &$ p*ant an "a%!iner+s#%! st&rage tan4s !i%! st&re ra "ateria* an $inis!e pr%es an are n&t

*in4e it! t!e "an#$a%t#ring pr&%ess an

ix) Fire $ig!ting e7#ip"ent

/. :!i*e %a*%#*ating t!e inest"ent in p*ant an "a%!iner+ re$er t& paragrap! 1' t!e

&rigina* pri%e t!ere&$' irrespe%tie &$ !et!er t!e p*ant an "a%!iner+ are ne &r se%&n

!ane' s!a** -e ta4en int& a%%nt pr&ie t!at in t!e %ase &$ i"p&rte "a%!iner+' t!e$&**&ing s!a** -e in%*#e in %a*%#*ating t!e a*#e' na"e*+

i) I"p&rt #t+ (e,%*#ing "is%e**anes e,penses s#%! as transp&rtati&n $r&" t!e p&rt

t& t!e site &$ t!e $a%t&r+' e"#rrage pai at t!e p&rt)ii) S!ipping %!arges

iii) C#st&"s %*earan%e %!arges an

iv) Sa*es ta, &r a*#e ae ta,. (F.N&.< (1)6/23MSME3 P&*i%+)

Fin Msme Sec

Documents

Transcript of Fin Msme Sec