NSIC Registration
NSIC or National Small Industries Corporation is a Government of India enterprise under Ministry of Micro, Small and Medium Enterprises (MSME). NSIC helps promote, aid and foster the growth of MSME businesses in India by operating various schemes like Single point Registration for Government Purchase, Marketing Support, Performance and Credit Rating Scheme for small industries and more. In this article, we review the procedure for obtaining NSIC registration in India along with the charges.
With NSIC Registration, MSME can avail various benefits and privileges. Our professional can help you apply SPRS and NSIC Registration for your business. Call at 8888-185-639 for assistance.
Both manufacturing and service provider enterprises having MSME or Udyog Aadhaar registration are eligible for obtaining NSIC registration. To obtain registration, enterprises having MSME or Udyog Aadhaar registration can apply online or by submitting an application at one of the NSIC offices.
On submission of the application, the NSIC forwards the application to an zonal, branch or sub-branch office nearest to the applicant for completing technical inspection of the unit and forwarding of recommendation for NSIC registration. On receiving the inspection report, NSIC grants registration to the MSME unit.
Registration Charges
The total charges for NSIC registration are based on the turnover of the business as per the latest audited financial statements. Further, the NSIC registration charges can be divided into three parts namely – registration charges, inspection fee and professional fee as under:
Registration Fee
The NSIC charges the following fee for new registration based on turnover and MSME classification.
Less than Rs.1 Crore Turnover : Micro enterprises having less than Rs.1 crore turnover, are charged a fee of Rs.3000, while small enterprises having a turnover of less than Rs.1 crore are charged a fee of Rs.5000.
More than Rs.1 Crore Turnover : Micro enterprises having more than Rs.1 crore turnover, are charged a fee of Rs.3000 plus Rs.1500 for each crore of additional turnover. Small enterprises having a turnover of less than Rs.1 crore are charged a fee of Rs.5000 plus Rs.2000 for each crore of additional turnover. The total cap on registration fee is set at Rs.1 lakh.
Inspection Charges
In addition to the registration fee, MSME enterprises must pay for inspection charges, as decided by the inspecting agency. The inspection charges are set at Rs.2000 for micro enterprises and Rs.3000 for small enterprises.
Professional Fee
Finally, the MSME unit must pay professional fee to RITES Limited and Consultancy Development Centre for undertaking physical inspection. Professional fee are set at Rs.6000 for micro enterprises and Rs.8000 for small enterprises.
The following documents are required for obtaining NSIC registration in India:
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