Chanakyapuri Post Office Complex, Chanakyapuri, New Delhi-110021No. 18-02/2025-LIDated: 07.05.2025
To:
All Heads of Circles
Subject: Allotment of annual PLI/RPLI incentive amount for FY 2025-26 – regarding
This communication pertains to the allotment of the annual PLI/RPLI incentive amount for FY 2025-26 to Circles for disbursement as incentives to the PLI and RPLI sales force.
Key Instructions:
- The competent authority has approved the allotment of the annual PLI/RPLI incentive amount, including GST, for FY 2025-26 (March 2025 to February 2026). The breakdown is provided in Annexure-I.
- GST payment on incentives must adhere to the SAP guidelines issued under PLI Directorate letter no. 29-09/2021-LI dated 16.09.2022.
- Incentive payments and GST must be recorded under the correct head of account/GL code.
- Circles must ensure corresponding Input Tax Credit (ITC) is accounted for.
Disbursement Process:
- Circles are to disburse incentives monthly from March 2025 to February 2026 without awaiting further directives from the PLI Directorate.
- Payments must not exceed the amounts specified in Annexure-I. Any unutilized funds will be considered surrendered.
Reconciliation:
- In the first week of March 2026, Circles must reconcile their disbursements with the allotted funds and report the status/requirements to the PLI Directorate.
- Any shortfall in incentive amounts will be addressed by the PLI Directorate upon receipt of Circle demands.
Approval:
- This directive is issued with the approval of the competent authority.
Signed by:
(Grirish Chandra Lakhera)Deputy Divisional Manager – I
Summary of Key Points:
- Purpose: Allotment of PLI/RPLI incentive funds for FY 2025-26.
- Annexure-I: Contains the detailed incentive amount breakdown for Circles.
- GST Compliance: Payments must follow SAP guidelines and proper GL codes.
- Monthly Disbursement: Incentives to be paid monthly without exceeding allotted limits.
- Reconciliation Deadline: March 2026, with provisions for additional fund requests.
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