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Industrial
Entrepreneur Memoranda (IEM)
Policy
Industrial
undertakings exempt from obtaining an industrial license,
including existing units undertaking substantial expansion,
are required to file an Industrial Entrepreneur Memoranda
(IEM) in Part 'A' (Form IEM) with the Entrepreneurial
Assistance Unit of the Secretariat of Industrial Assistance
(SIA), Department of Industrial Policy and Promotion,
Government of India, Udyog Bhavan, New Delhi 110011,
and obtain an acknowledgement. No further approval is
required.
Subsequently,
immediately after commencement of commercial production,
Part 'B' of Form IEM has to be filed.
Procedure
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Form
IEM duly filled up and completed, in six copies,
should be submitted to the SIA in person or by post.
A computer acknowledgement containing the SIA Registration
Number (for future reference) will be issued across
the counter immediately if delivered in person or
sent by post if received through post.
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The
IEM should be submitted along with a crossed demand
draft of Rs.1000/- drawn in favour of 'The Pay &
Accounts Officer, Department of Industrial Development,
Ministry of Industry,' payable at the State Bank
of India, Nirman Bhavan, New Delhi up to 10 items
proposed to be manufactured in the same unit. For
more than 10 items, an additional fee of Rs.250/-
up to 10 additional items needs to be paid through
crossed demand draft.
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Part
'B' of IEM should be filed immediately after the
commencement of commercial production. No fee is
required to be paid with Part 'B'.
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No
amendment/modification is made to any IEM filed
before 30th June, 1998 except for clerical errors.
Where any amendment/modification is sought to be
made in such IEM, a fresh memorandum in Form IEM,
along with the prescribed fee has to be filed for
which a fresh acknowledgement will be issued.
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An
IEM would be cancelled/deleted from the SIA records
if, on scrutiny, it is found that the proposal contained
in the IEM is licensable.
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In
respect of IEMs filed in the new form made effective
from 1st July, 1998, amendments/modifications will
be made by the SIA on the request of the entrepreneur,
as per the notified procedure.
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