Policy Name

Maharashtra Tourism Policy 2024 (MTP 2024)

Issued by

Government of Maharashtra, Tourism Department

GR Number

TDS-2022/09/CR No 542/Tourism-4

Date of Notification

18 July 2024

Validity

10 years from date of notification (or until superseded)

Target Investment

₹1,00,000 crore in 10 years

Employment Target

18 lakh direct and indirect jobs

Nodal Agency

Directorate of Tourism, Maharashtra / MTDC

Application Portal

Maharashtra Tourism website / MAITRI portal

Implementing Authority

Directorate of Tourism (DoT) for most projects; MTDC for larger
projects

Accommodation — Type A (Mainstream Hospitality)

Hotels, Motels, Resorts, Lodges, Service Apartments, Business
Hotels, Boutique Hotels, Heritage Hotels, Star-rated Properties

Must be registered with Directorate of Tourism. All room
categories eligible.

Accommodation — Type B (Niche / Small Scale)

Cottages, Log Huts, Youth Hostels, Youth Clubs, Tented
Accommodation, Tree Houses, Eco Houses, Tourist Apartments, Floating
Houseboats

Especially encouraged in rural, forest, coastal, and hill areas.
Lower minimum investment threshold.

Homestays & Rural

Homestays, Bed & Breakfast, Vacation Rental Homes, Agro
Tourism units, Rural Tourism, Eco Tourism, Farm Stays

No NA licence required for agro-tourism on farm land. Domestic
electricity tariff applies.

Food & Beverage

Restaurants, Food Courts, Dhaba Chains, Cafeterias at tourist
destinations, Wayside Amenities

F&B units at tourist destinations get capital subsidy (lower
cap vs. accommodation units).

Adventure & Sports Tourism

Water sports, Trekking camps, Rock climbing, Paragliding,
Zip-lining, River rafting, Cycling trails, Open air gyms

Equipment investment eligible as FCI. Single window clearance
available.

MICE & Events

Convention Centres, Exhibition Halls, Conference Resorts,
Destination Wedding Venues, Banquet Halls (standalone tourism purpose)

Special thrust sector with additional incentives. MICE Bureau
support available.

Recreation & Entertainment

Amusement Parks, Theme Parks, Ropeways, Cable Cars, Film shooting
facilities, Amphitheatres, Sports stadiums for tourism

Higher investment thresholds. Eligible for mega project treatment
if FCI > ₹50 crore.

Specialised Niche

Caravan Parks, Beach Shacks, Wellness/Yoga Retreats, Pilgrimage
Tourism infrastructure, Cruise jetties, River cruise facilities

Caravans get tourist vehicle status. Wellness projects need
minimum 10-year land lease.

First Investment After Policy Date

The first investment (land purchase, work order, loan
disbursement, or construction permission) must be on or after 18 July 2024

Investment Window

Only capital investment made within 4 years prior to Commercial
Operation Date (COD) is eligible. Older investments do not count.

Provisional Registration

The unit must have obtained or applied for a Provisional
Registration Certificate under MTP 2024 from the Directorate of Tourism
before claiming any capital incentive

Commercial Operation

The project must have commenced commercial operations and
acquired fixed assets at the site within the investment period

Travel for LiFE Certification

Registration under the Mission Travel for LiFE (sustainable
tourism certification) is mandatory

DoT Registration

Registration with the Directorate of Tourism and use of DoT
portals and booking platforms is mandatory (once systems are developed)

Land Use

The land must be appropriately zoned / permissible for tourism
use. NA permission required for non-agricultural use outside agro-tourism
exemptions

No Double-Dipping

Any grant or financial assistance already received from State /
Central Government or any agency must be excluded from eligible FCI

Hotels, Resorts, Motels, Lodges (Less-developed zones / rural /
coastal / hill stations)

20% of eligible FCI

₹20 crore per unit

Building, civil works, plant & machinery, furniture &
fixtures, equipment (Land excluded)

Annual instalments over eligibility period

Hotels, Resorts (Developed urban zones — Mumbai, Pune, Nashik,
Nagpur, Aurangabad city)

15% of eligible FCI

₹20 crore per unit

Same as above

Annual instalments

Cottages, Log Huts, Youth Hostels, Tented Accommodation

20% of eligible FCI

₹20 crore per unit

Structures, furnishings, equipment

Annual instalments

Homestays, B&B, Vacation Rentals, Agro Tourism

20% of eligible FCI

Lower cap for micro units (actual cap as per GR)

Structures on farm/premises, furnishings, equipment

Annual instalments

MICE / Destination Wedding / Convention Centres

20% of eligible FCI + Special Thrust Sector incentive

₹20 crore + additional

Building, AV equipment, furniture, event infrastructure

Annual instalments + thrust sector top-up

Adventure Tourism Equipment

20% of eligible FCI

Per project cap

Equipment and gear eligible as FCI

Annual instalments

Mega Projects (FCI > ₹50 crore)

20% of eligible FCI + HPC / Cabinet may enhance

₹20 crore base + customised

As per project appraisal

Customised disbursement schedule

Rate of Reimbursement

100% of Net SGST deposited on eligible tourism revenue in
Maharashtra

Eligible Revenue

Room revenue, restaurant and F&B revenue, adventure services,
wellness services, event charges — all intra-state (Maharashtra) transactions

How it Works

File quarterly claim with DoT → DoT verifies against GSTN data →
reimbursement paid to bank account

Cap

Linked to eligible FCI — cumulative SGST reimbursement cannot
exceed a defined percentage of FCI (exact percentage as per project category
and GR)

Documentation

GSTR-1 and GSTR-3B returns, CA certificate confirming SGST
deposited, sales register

Condition

SGST must actually be deposited to government. Pending returns or
reversed credits result in proportionate reduction of claim

GST Bills

Only Maharashtra State GST bills are counted. IGST on inter-state
sales is not eligible

CA Certification

Final application must be certified by a Chartered Accountant

Rate

5% per annum on outstanding term loan balance

Maximum Cap

₹50 lakh per unit (cumulative over eligibility period)

Applicable Loans

Term loans from Banks and Public Financial Institutions only

Excluded Loans

NBFCs, private loans, unsecured borrowings, working capital
facilities

Purpose

Must be for acquisition of fixed assets for the tourism project

Claim Basis

Interest actually paid during the claim period (not accrued)

Less-developed areas, rural, coastal, hill, tribal areas

100% waiver on stamp duty and registration charges on first sale
deed or lease deed

Developed urban zones (Mumbai, Pune, Nashik City etc.)

Partial waiver — exact percentage as per implementing GR

Agro-tourism on farm land

No stamp duty for agricultural land used for agro-tourism
activities (no NA conversion needed)

All eligible tourism projects

Development charges exempted for tourism and hospitality
components

Licence renewals

Tourism licences and permits renewed every 5 years instead of
annually — reducing compliance burden

All eligible tourism units (hotels, resorts, cottages, MICE,
adventure)

21% exemption from electricity duty on power consumed

Agro-tourism and farm homestays

Domestic electricity tariff rates (not commercial rates) —
significant saving for small operators

Tourism units with Industry Status

Access to industrial electricity tariff — typically lower than
commercial tariff

SC/ST entrepreneurs (majority ownership + key management)

Additional 5% capital subsidy over base rate (20% becomes 25%,
15% becomes 20%)

Women entrepreneurs (>51% equity + managerial control)

Additional 5% capital subsidy over base rate

Differently-abled entrepreneurs

Additional 5% capital subsidy over base rate + special
facilitation

Combined (e.g., SC woman entrepreneur)

5% add-on — not cumulative; one category applies

Industry Status

Tourism units are treated as industrial units — access to
industrial electricity tariffs, industrial financing schemes, lower property
tax assessment in some cases

Additional FSI (Floor Space Index)

Build more on the same land. A hotel that could build 4 floors
under standard FSI may be able to build 5-6 floors under additional FSI —
more rooms, same land cost

Single Window Clearance

All approvals — tourism licence, building plan, MPCB, fire NOC,
health licence — routed through MAITRI portal with defined timelines

Non-Agricultural Tax Exemption

Full exemption from non-agricultural tax and land conversion
permits for tourism projects

Development Charges Waiver

Municipalities and panchayats are directed to waive development
charges for tourism and hospitality components

Simplified Licence Renewal

Tourism licences renewed every 5 years instead of every year —
reduces compliance costs and officer visits

Land Bank Access

Government-maintained land bank for tourism development —
investors can identify suitable government land for PPP development

PPP Opportunities

Tourism units can partner with the state government on public
land, monument areas, dam reservoirs, and coastal zones for development

Caravan Tourism Support

Caravans used for tourism get tourist vehicle status; local
bodies must permit designated parking; MTDC will promote via social media

Entrepreneurship Awards

State-level recognition for outstanding tourism entrepreneurs —
brand value and marketing benefit

Entity Documents

Certificate of Incorporation / Partnership Deed / Proprietorship
declaration; PAN card; GST Registration; Udyam Registration (if MSME); List
of directors/partners with DIN/PAN

Land & Location Documents

7/12 extract (Satbara) or property card; Registered Sale Deed or
Lease Deed (min. 10 years for leased property); NA Permission (if
applicable); Location map and survey plan

Project Details

Detailed Project Report (DPR) — project concept, room inventory,
amenities, capacity, revenue model; Proposed capital cost breakup (building,
furniture, equipment separately); Means of finance statement

Regulatory Pre-approvals

Building plan sanctioned by local authority (Panchayat /
Municipal Corporation); Environmental clearance (if applicable); Tourism zone
permissibility confirmation

Bank Details

Cancelled cheque; Bank account statement

Photographs

Site photographs at different stages; Location photographs
showing surroundings

Provisional Registration Certificate

Confirms eligibility

Final Registration Certificate / Tourism Licence

Confirms commercial operation

Commercial Operation Date (COD) Certificate

Sets the 4-year investment window

CA-certified Fixed Capital Investment statement

Confirms total eligible FCI (excluding land and pre-policy
investments)

Invoices for building construction and civil works

Evidences construction cost

Invoices and delivery challans for plant, machinery, furniture,
equipment

Evidences movable asset cost

Bank statements confirming payments to vendors

Confirms payments made

Bank sanction letter and loan disbursement schedule (for term
loan financed portions)

For interest subvention claims

Occupancy Certificate / Completion Certificate from local
authority

Confirms construction completion

Fire NOC from Fire Department

Mandatory safety compliance

Health Licence from Municipal Authority

Mandatory operating licence

FSSAI Licence (for F&B operations)

Food safety compliance

Travel for LiFE Registration Certificate

Mandatory sustainability certification

DoT Registration Certificate

Confirms registration with tourism authorities

GSTR-1 (Outward Supply Returns)

Quarterly returns showing room revenue, F&B revenue, and
other eligible tourism revenues

GSTR-3B (Monthly Summary Returns)

Confirms Net SGST deposited to government

Annual Return (GSTR-9)

Annual reconciliation

CA Certificate

Certifying Net SGST deposited on eligible Maharashtra tourism
revenue during the claim period

Revenue Register

Hotel-wise, category-wise revenue statement for the claim period

Bank challans / GSTN payment receipts

Proof of SGST payment

Reconciliation statement

Matching GSTR-1, GSTR-3B, and books of accounts

Bank sanction letter

Term loan details — amount, rate, tenure, purpose

Loan account statements

Showing interest actually paid during claim period

CA certificate of interest paid

Certifying actual interest paid (not accrued) during the year

Proof that loan is for eligible fixed assets

Bank disbursement letter referencing asset purchase

1

Verify that your project type and location are eligible under MTP
2024

Check DoT’s approved list of eligible unit types and your
district/zone classification

2

Prepare your Detailed Project Report (DPR)

Include project concept, room count, amenities, capital cost
breakup, revenue projections, and sustainability plan

3

Obtain land documents and preliminary approvals

Ensure land title is clear. Get NA permission if needed. Get
building plan sanction from local authority.

4

Apply for Provisional Registration Certificate (PRC) with
Directorate of Tourism

Submit DPR + land documents + entity documents on the DoT portal
/ MAITRI. PRC is the gateway — get this before committing major capex.

5

Complete construction and begin commercial operations

Only investment within 4 years of COD is eligible. Keep all
invoices, contracts, and bank payment records

6

Obtain Final Registration Certificate

Apply to DoT with occupancy certificate, fire NOC, health
licence, FSSAI, and Travel for LiFE certification

7

File annual capital subsidy claims

Submit CA-certified FCI statement + invoices + bank statements
annually to DoT

8

File quarterly SGST reimbursement claims

Submit GSTR returns + CA certificate + revenue register quarterly

9

File annual interest subvention claims

Submit bank statements + CA certificate of interest paid

10

Comply with ongoing conditions

Maintain tourism registration, employment levels, and
sustainability certifications throughout the incentive period

Use Case 1 —
Boutique Hill Resort, Mahabaleshwar

12 cottages +
farm-to-table restaurant | ₹4 crore investment | Women-owned

Promoter

Rajesh and Priya Joshi — Priya holds 60% equity (qualifies as
women-owned)

Project

12 eco-cottages + farm-to-table restaurant on agricultural land
near Mahabaleshwar

Location

Mahabaleshwar (less-developed tourism zone — 20% capital subsidy rate applies)

Total Eligible FCI

₹4,00,00,000 (₹4 crore) — cottages ₹2.8 Cr + furniture &
equipment ₹1.2 Cr (land excluded)

Capital Subsidy Rate

20% base + 5% women entrepreneur add-on = 25%

Capital Subsidy Amount

25% × ₹4 crore = ₹1,00,00,000 (₹1 crore)

Annual Room Revenue (Maharashtra)

₹1.2 crore at 18% GST → Annual SGST = ₹10.8 lakh

Annual Restaurant Revenue (Maharashtra)

₹60 lakh at 5% GST → Annual SGST = ₹1.5 lakh

Total Annual SGST Deposited

₹12.3 lakh per year

SGST Reimbursement over 7 years

₹12.3 lakh × 7 = ₹86.1 lakh (subject to FCI cap)

Stamp Duty Saving (Mahabaleshwar)

100% waiver on land deed — estimated saving ₹8–12 lakh

Electricity Duty Saving

21% exemption — estimated ₹2–3 lakh per year on operating
electricity

Interest Subvention

5% on ₹1.5 crore term loan = ₹7.5 lakh per year, capped at ₹50
lakh total

No NA Licence required

Agro-tourism on farm land — no conversion required, saves ₹5–8
lakh and 12–18 months of process time

Outcome:  Total estimated state support: ₹1 crore capital subsidy + ₹86
lakh SGST refunds + ₹50 lakh interest subvention + ₹10 lakh stamp duty saving
= approximately ₹2.46 crore on a ₹4 crore investment. Priya and Rajesh
effectively get back over 60% of their capital through state support over the
eligibility period.

Use Case 2 —
Agro-Tourism Farm Stay, Nashik

6 tented
cottages + farm dining + grape experiences | ₹80 lakh investment

Promoter

Suresh Pawar — grape farmer in Nashik, converting part of 3-acre
farm into tourism

Project

6 tented cottages, farm walk, grape-crushing activity,
Maharashtrian thali dining

Location

Nashik (agro-tourism zone — 20% rate, no NA licence requirement)

Total Eligible FCI

₹80 lakh (tented structures ₹30L + common areas ₹25L + equipment
₹25L)

Capital Subsidy (20%)

₹16,00,000 (₹16 lakh)

Annual Farm-Stay Revenue

₹30 lakh at 12% GST → Annual SGST = ₹1.8 lakh

Annual Dining Revenue

₹8 lakh at 5% GST → Annual SGST = ₹20,000

Total Annual SGST Deposited

₹2 lakh per year

SGST Reimbursement over 5 years

₹10 lakh

Interest Subvention (5% on ₹40L term loan)

₹2 lakh per year, approximately ₹10 lakh over 5 years (within
₹50L cap)

Electricity Benefit

Domestic tariff applies instead of commercial — saves
₹25,000–40,000 per year on electricity bills

No NA Licence

Activity on agricultural land — no conversion required

Outcome:  Total estimated state support: ₹16 lakh capital subsidy + ₹10
lakh SGST refunds + ₹10 lakh interest saving + electricity saving =
approximately ₹38–40 lakh on an ₹80 lakh investment. Nearly 50% of project
cost recovered — making a compelling case for thousands of farmers across
Nashik, Satara, Konkan, and Pune to add tourism to their farm income.

Use Case 3 —
Budget Business Hotel, Aurangabad / Chhatrapati Sambhajinagar

45 rooms |
₹12 crore investment | Corporate traveller focus

Promoter

Meera Hospitality Pvt. Ltd. — 45-room hotel near Aurangabad
Airport

Target Segment

Corporate travellers visiting the Aurangabad–Jalna industrial
corridor

Location

Aurangabad (less-developed tourism zone — 20% capital subsidy
rate)

Total Eligible FCI

₹12 crore (building ₹8 Cr + furniture & equipment ₹4 Cr; land
excluded)

Capital Subsidy (20%)

₹2,40,00,000 (₹2.4 crore), disbursed in annual instalments

Annual Room Revenue (Maharashtra)

45 rooms × ₹3,500 × 60% occupancy × 365 = ₹3.44 crore at 18% GST
→ SGST ₹30.9 lakh

Annual Restaurant Revenue

₹80 lakh at 5% GST → SGST ₹2 lakh

Total Annual SGST Deposited

₹32.9 lakh per year

SGST Reimbursement over 7 years

₹2.3 crore (subject to FCI cap)

Stamp Duty Saving

100% waiver on property deed — saves estimated ₹55–70 lakh

Electricity Duty Saving (21%)

₹4–6 lakh per year saving on a hotel’s substantial electricity
consumption

Interest Subvention (5% on ₹5 Cr term loan)

₹25 lakh per year → ₹50 lakh (maximum cap hit in 2 years)

Additional FSI

Hotel eligible for extra FSI under MTP 2024 — can potentially add
1-2 additional floors increasing room count without land cost

Outcome:  Total estimated state support: ₹2.4 crore capital subsidy +
₹2.3 crore SGST refunds + ₹50 lakh interest subvention + ₹65 lakh stamp duty
saving + ₹35 lakh electricity duty saving = approximately ₹5.8–6 crore on a
₹12 crore investment. Over 48% of the project cost is effectively supported
by the state over the eligibility period.

Get Provisional Registration BEFORE committing major capex

The PRC is the gateway document. Without it, no capital incentive
can be claimed. Many investors make the mistake of starting construction and
applying later — losing months of eligible investment.

4-year investment window is strict

Only investment made in the 4 years before COD is eligible. If
your project takes longer, earlier investments fall outside the window. Plan
your construction timeline accordingly.

SGST must actually be deposited

SGST reimbursement requires clean GST compliance. Pending GSTR-3B
dues, mismatches, or reversed ITC will reduce your claim. Keep GST filings
current and reconciled before each quarterly claim.

Land cost is excluded from FCI for capital subsidy

Do not include land purchase cost in your FCI statement for
capital subsidy. It will be rejected. However, land cost is counted for SGST
refund purposes.

Separate Maharashtra revenue from inter-state revenue

SGST reimbursement applies only to intra-state Maharashtra
transactions. If your hotel services are also billed to corporate clients in
other states under IGST, those revenues do not generate SGST and therefore
earn no reimbursement.

Travel for LiFE registration is mandatory

This sustainability certification is now compulsory. Apply for it
alongside your project registration — it should not be an afterthought.

SGST reimbursement is taxable income

The reimbursement received is taxable under Income Tax Act as
business income. Plan your advance tax accordingly — many hotel operators are
surprised by this liability.

Interest subvention cap is low

The ₹50 lakh lifetime cap on interest subvention means this
benefit is exhausted quickly for larger hotel projects. For a ₹5 crore term
loan at 5%, you hit the cap in 2 years. Do not overweight this in your
financial projections.

Green initiatives attract additional subsidy

Installing solar panels, rainwater harvesting, and ZLD systems
gets you additional subsidy on those specific costs over and above the
standard capital subsidy. Budget for these in your DPR.

Women / SC/ST classification requires documentation from day one

The 5% additional subsidy for women or SC/ST entrepreneurs
requires shareholding and management evidence. Set up the entity structure
correctly before registration, not after.

Capital Subsidy

SGST Reimbursement

A direct grant on your capital investment — building,
furniture, plant & machinery.

Linked to: How much you invest (FCI)

Rate: 20% of FCI (15% for F&B / developed
zones)

Cap: ₹20 crore per unit

When paid: 5 equal annual instalments after COD

Land: Excluded from FCI

Example: Invest ₹5 Cr in building + equipment →
get ₹1 Cr back in 5 equal payments of ₹20 lakh/year

  ✅  All eligible tourism units get this

A quarterly refund of the Net SGST you deposited to the
government on Maharashtra tourism revenue.

Linked to: How much you earn from guests in
Maharashtra

Rate: 100% of Net SGST deposited

Cap: Linked to FCI — tiered by project size
and zone

When paid: Quarterly (CA certificate required)

Land: Included in FCI for cap calculation

Example: Earn ₹4 Cr room revenue in MH at 18%
GST → SGST = ₹36 lakh → get ₹36 lakh back quarterly

  ✅  All eligible tourism units get this

Can you
claim both?  YES — they are completely independent.
A hotel in Mahabaleshwar with ₹5 Cr FCI gets ₹1 Cr capital subsidy (in 5
annual instalments) AND 100% of its quarterly SGST refunded — both
simultaneously, throughout the eligibility period. They do not offset each other.

What is reimbursed

100% of Net SGST deposited on Maharashtra tourism revenue —
rooms, restaurant, adventure services, wellness, events

What is NOT eligible

IGST on inter-state sales (e.g., corporate billing to HQ in
another state). Only intra-state Maharashtra SGST counts.

Claim frequency

Quarterly — within the financial year

Cap structure

Linked to eligible FCI — tiered by project size (small: below ₹10
Cr / medium: ₹10–50 Cr / large: above ₹50 Cr) and location zone. Higher caps
in less-developed zones.

Eligibility period

5–7 years depending on zone and project category (exact years as
per DoT implementing circular)

Land in FCI

For SGST cap calculation only, land cost IS included in FCI —
unlike capital subsidy where land is excluded

CA certificate

Mandatory on every quarterly claim. Final bill certified by CA.

DoT portal

GST bills of Maharashtra State only accepted. Booking must be
through DoT portal once developed.

Taxability

SGST reimbursement received is taxable as business income under
Income Tax Act — factor into advance tax planning

SGST compliance

SGST must be actually deposited to government. Pending dues,
reversed credits, or GSTR mismatches reduce the claim proportionately

Hotel / Motel
(Star-rated, budget, boutique, business, heritage)

20% of FCI Cap: ₹20 Cr (15% in developed urban zones)

100% Net SGST Quarterly FCI-linked cap

5% p.a. Cap: ₹50 lakh

100% waiver (rural/coastal) Partial in urban

21% exemption

+5% → 25% (SC/ST
/ Women)

Industry status; Additional FSI; Single window clearance;
Heritage hotel special incentive package

Resort /
Eco-Resort / Jungle Lodge / Hill Resort

20% of FCI Cap: ₹20 Cr

100% Net SGST Quarterly FCI-linked cap

5% p.a. Cap: ₹50 lakh

100% waiver

21% exemption

+5% → 25%

Additional FSI; Fast-track approval in Tourism Hubs (30–60 days);
Green incentive add-on for solar, ZLD

Cottage / Log
Hut / Tented Accommodation / Tree House / Youth Hostel

20% of FCI Cap: ₹20 Cr

100% Net SGST Quarterly FCI-linked cap

5% p.a. Cap: ₹50 lakh

100% waiver

21% exemption

+5% → 25%

No minimum star rating required; Eco structures (pods, geodomes)
permitted; Simpler compliance

Homestay /
B&B / Vacation Rental / Tourist Apartment

20% of FCI Lower cap for micro units

100% Net SGST Quarterly FCI-linked cap

5% p.a. Cap: ₹50 lakh

100% waiver

21% exemption

+5% → 25%

Simpler DoT registration; No minimum room count specified;
Accessible to individual owners

Farmer /
Agro-Tourism / Rural Tourism / Eco-Tourism (on farm land)

15% of FCI Cap: ₹15 Cr

100% Net SGST Quarterly FCI-linked cap

5% p.a. Zone-based terms

100% waiver

Domestic tariff (NOT commercial)

+5% → 20%

NO NA licence required on farm land; Sell farm produce +
handicrafts to guests; 10-year licence (not annual); Tents, pods, tribal
huts, tree houses all permitted; Agri-business recognition

Adventure
Tourism Operator (trekking, water sports, paragliding, rafting, zip-lining)

20% of FCI Cap: ₹20 Cr Equipment = FCI

100% Net SGST Quarterly FCI-linked cap

5% p.a. Cap: ₹50 lakh

100% waiver

21% exemption

+5% → 25%

All adventure equipment counts as eligible FCI; Industry status;
Single window; Special thrust sector — additional incentive

MICE /
Convention Centre / Destination Wedding Venue

20% of FCI Cap: ₹20 Cr + Thrust sector incentive

100% Net SGST + Turnover-linked incentive

5% p.a. Cap: ₹50 lakh

100% waiver

21% exemption

+5% → 25%

MICE Bureau support (Maharashtra Tourism); Additional FSI;
Fast-track clearance; Turnover-linked top-up incentive over SGST; Wedding
destination list published by DoT

Restaurant /
F&B / Wayside Amenity at Tourist Destination

15% of FCI Cap: ₹15 Cr

100% Net SGST Quarterly FCI-linked cap

5% p.a. Cap: ₹50 lakh

100% waiver

21% exemption

+5% → 20%

Must be located at or near a recognised tourist destination;
Dhaba chains and roadside eateries on tourism routes eligible

Caravan Park
/ Beach Shack / Mobile Tourism Unit

20% of FCI Lower cap

100% Net SGST Quarterly FCI-linked cap

5% p.a. Cap: ₹50 lakh

100% waiver

21% exemption

+5% → 25%

Tourist vehicle status for caravans; Parking permits from local
bodies; MTDC social media promotion; Caravan registration with Transport
Commissioner

Wellness /
Yoga Retreat / Spa Resort / Ayurvedic Centre

20% of FCI Cap: ₹20 Cr

100% Net SGST Quarterly FCI-linked cap

5% p.a. Cap: ₹50 lakh

100% waiver

21% exemption

+5% → 25%

Minimum 10-year lease required if operating on leased
agricultural land; Wellness certificates + Travel for LiFE mandatory

Amusement
Park / Theme Park / Ropeway / Cable Car

20% of FCI Cap: ₹20 Cr

100% Net SGST Quarterly FCI-linked cap

5% p.a. Cap: ₹50 lakh

100% waiver

21% exemption

+5% → 25%

Mega project treatment if FCI > ₹50 Cr (HPC/Cabinet approval →
higher caps); Viability Gap Funding possible for large ropeways

Mega Tourism
Project (FCI > ₹50 Cr)

20% of FCI Base cap ₹20 Cr HPC/Cabinet can enhance

100% Net SGST Higher FCI-linked cap

5% p.a. Case-by-case higher cap

100% waiver

21% exemption

+5% → 25%

Customised incentive package via High Power Committee / Cabinet
Sub-Committee; Land bank access; PPP eligibility; Viability Gap Funding;
Dedicated MTDC facilitation

Tour Operator
/ Travel Agent / DMC (bringing tourists to Maharashtra)

Not applicable (no capital subsidy for operators)

Turnover-linked SGST incentive on incremental Maharashtra tourism
turnover

Not applicable

Not applicable

Not applicable

Not applicable

Must register tourist data + tour circuits on DoT portal before
each tour; Quarterly reimbursement; CA certificate mandatory; Max 5 national
+ 5 international event participations supported per year

Rules common
to ALL eligible units above

Mandatory
for all:

• Provisional Registration Certificate (PRC) — before capex

• Travel for LiFE sustainability certification

• DoT registration and portal compliance

• CA certificate on every SGST and capital subsidy claim

• Investment within 4 years before COD only

Common
benefits for all:

• Industry status (industrial electricity tariff + financing)

• Development charges waived for tourism components

• Licence renewal every 5 years instead of annually

• Single window clearance via MAITRI portal

• Additional FSI above standard local norms

Not
eligible: Projects
outside Maharashtra • Investment before 18 July 2024 • Investment > 4
years before COD • Land cost (for capital subsidy) • Intangible assets
(goodwill, IP) • Any component already receiving government grant • Units
without Provisional Registration Certificate