Posted by corpaidcs on May 28th, 2018
What is SSI Registration / MSME Registration?
Small Scale Industries / SSI Registration or MSME Registration under the MSMED Act, makes the business eligible for a range of benefits and subsidies administered by the Ministry of Micro, Small, Medium Enterprises and other Ministries.
What are the documents required for SSI Registration / MSME Registration?
Please fill the Enquiry Form and you will receive MSME Registration required documents list & quotation in few seconds in your mailbox. No charges for requirement list and Quotation.
Who can apply for MSME Registration / SSI Registration?
Small Scale and ancillary units (i.e. undertaking with investment in plant and machinery of less than Rs. 1 crore) should seek SSI Online Registration with the Director of Industries of the concerned State Government.
What are benefits of SSI Online Registration / MSME Online registration?
The registration scheme has no statutory basis. Units would normally get registered to avail some benefits, incentives or support given either by the Central or State Govt. Benefits available under the MSMED Act Registration of Micro, Small and Medium (MSM) Enterprises under MSMED Act is a very powerful medium to enjoy the regime of incentives offered by the Centre generally contains the following:
Micro and Small Enterprises: Protection against delay in payment from Buyers and right of interest on delayed payment Preference in procuring Government tenders, Stamp duty and Octroi benefits, Concession in electricity bills Reservation policies to manufacturing / production sector enterprises Time-bound resolution of disputes with Buyers through conciliation and arbitration Reimbursement of ISO Certification Expenses Credit prescription (Priority sector lending), differential rates of interest etc. Excise Exemption Scheme
Medium Enterprises: Easy finance availability from Banks, without collateral requirement Preference in procuring Government tenders Reservation policies to manufacturing / production sector enterprises Time-bound resolution of disputes with Buyers through conciliation and arbitration
What is the difference between SSI Registration and MSME Registration?
There is no difference between SSI Registration and MSME Registration.
What is Permanent / Final Registration?
A provisionally registered industrial unit when it is about to go into production is to apply for grant of Permanent / Final Registration. An existing and functioning industrial unit is eligible to apply for Permanent / Final Registration without going into provisional registration processes.
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