What is NSIC Registration? | How to Apply for NSIC Certificate? | Procedure - Swarit Advisors
Channel: Bada CFO
Date: 2021-10-05

Indian Government had formed #NSIC in order to support and foster the #MSME sector after independence. The full form of NSIC is National Small Industries Corporation. Under Single Point Registration Scheme, NSIC registers MSMEs so that they can take advantage of Government Schemes. If your MSME business passes through the cycle of #NSICRegistration, your business will shine bright in the sky of success. 

For facilitating the growth as well as the competitiveness of the MSME sector, many schemes have been initiated by the NSIC. These schemes include Tender Marketing Scheme, Performance and Credit Rating Scheme, Single Point Registration Scheme, etc. Therefore, MSMEs are always suggested to acquire NSIC Registration to avail schemes along with the benefits offered by NSIC.

NSIC has unleashed schemes such as Bill Discounting Scheme, Single Point Registration Scheme, Skill and Development Scheme, and other schemes for MSMEs.

Eligible ones who can Obtain NSIC Registration

Any small-level or micro-scale enterprise with a valid #UdyogAadhaar
The MSMEs who have although initiated their production, but making further moves without the Audited Balance Sheet for the past 1 year may apply for a Provisional NSIC Registration with a time validity of 1 year. 

What are the Benefits of NSIC Registration?

• MSMEs with NSIC registration can participate in International fairs organized by NSIC. 
• NSIC registered MSMEs actively participate in skill development training to upgrade their skill set. 
• The government aids NSIC registered #SSIs in CAPD, i.e., Computer-aided product design. 
• NSIC registered MSMEs are exempted from the instalment of Earnest Money Deposit.
• The MSMEs can even participate in numerous Tech mart exhibitions organized by NSIC. It's a way through which they will get familiar with the advanced and enhanced technologies.

NSIC Registration Procedure 

Any MSME registered entity is entitled to get NSIC registration. Both online & offline procedures are available in order to obtain registration.

NSIC Registration- Online Process

First of all, log in to the NSIC official portal.
After that, pick the option saying “Online Registration for GP” shown on the right side.
Now, the applicant should fill-up all the details asked in the NSIC Registration form.
In the next step, press the “save” option, and then you can proceed.
After that, pay the fees prescribed for obtaining NSIC Registration.
Now, get uploaded the scanned copy of all the significant documents and endorsements.
In the end, press the “submit” option for successfully submitting the application form for NSIC Registration.

NSIC Registration- Offline Process

An applicant needs to download and print a copy of the NSIC Registration Application Form.
After that, fill in all the important details.
Then, the SMEs are required to submit the NSIC Application form attached with prescribed charges & reports either to the Zonal or Branch or Extension office of NSIC.
Now, send the concerned application form as well as the duplicates of all essential documents to the Inspecting office together with the imperative Proofs or Pay Order of investigation charges. 
In the end, the NSIC will render the Certificate for #GPRegistration to the concerned MSME.

Documents Required

• #UdyogAadhaarMemorandum Number
• Complete information regarding the plant & machinery installed on the premises. 
• Form A Copy issued by Registrar of Firms, in the case of a partnership business.
• Certificate of Incorporation copy, in the case of a company.
• PAN Card details of the company.
• LLP agreement Copy, in the case of a Limited Liability Partnership.
• BIS License, if in case applicable.
• Other Documents 

Know more visit: https://swaritadvisors.com/nsic-registration

Phone:- 9821399320
Email:- info@swaritadvisors.com
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