by nimesh December 27, 2021 Leading NSIC Registration Service in Ahmedabad About NSIC RegistrationNational Small Industries Corporation Ltd. (NSIC), an ISO 9001:2015 certified company, since its establishment in 1955, has been working to fulfill its mission of promoting, aiding, and fostering the growth of small-scale industries and industry-related small-scale services/business enterprises in the country.Over a period of five decades of transition, growth, and development, NSIC has proved its strength within the country and abroad by promoting modernization, gradation of technology, quality consciousness, strengthening linkages with large and medium enterprises, and enhancing exports – projects and products from small industries. Why was the NSIC established? The National Small Industries Corporation (NSIC) was set up to mediate between the Indian government and SMEs and promote their development. What does NSIC Offer? It offers integrated services in several areas, such as IT help desk support, customer finance, and advertising. Micro and small businesses can join together to make government contracts by registering with the government’s Single Point Registration Scheme. How to Obtain NSIC Registration? Businesses that already have MSME or Udyog Aadhaar registration can submit an application to the NSIC online or in person. In order to complete the technical examination of the unit and forward the recommendation for NSIC registration, the NSIC sends the application to the zonal, branch, or sub-branch office closest to the applicant. NSIC approves the MSME establishment for registration after obtaining the inspection report. Tatva Consultancy is a Leading NSIC Registration Service provider in Ahmedabad. Our NSIC Registration Service in Ahmedabad provides consultancy services for Small Scale Industries to register with NSIC and get benefits such as: Tender Documents Free of Cost Waiver of Earnest Money Deposit (EMD) Waiver of Security Deposit, 15% Price preference when L1 is medium, Exhibition Benefits etc.… What is the Eligibility Criteria for NSIC Registration? All applicants must satisfy the following prerequisites before submitting an NSIC registration application: All Micro Enterprises that have invested up to INR 1 crore in plant and machinery or turnover upto 5 crore. Small Enterprises that have invested up to INR 10 crore in plant and machinery or turnover upto INR 50 crore. All Enterprises with an MSME Certificate. Have been in operation for a full year. Newly register company can apply for provisional certificate. Under the Single Point Registration plan, a Provisional Registration Certificate must be granted to MSEs that have been in operation for less than a year. Who can benefit from an NSIC Registration? Those who are going for Tenders to get a waiver of Security Deposit on the basis of Earnest Money Deposit, Tenders Participation, and Tender prioritized. Tender, Tender EMD, EMD for Tender, Tenders from the various Indian Government departments or Public Sector Units like ONGC, Railway, BPCL, IOCL, BHEL, BEL, BSL, AMUL Dairy, EIL, ESSAR etc. they can get an exemption for their security deposit. How Does NSIC Work? NSIC forms a Pool of Micro and small businesses producing the same item to combine resources. On behalf of individual MSEs and MSE consortiums, NSIC submits tenders to acquire contracts. MSEs will receive orders and divide them up based on their individual output capabilities. NSIC registers SSI units under the Single Point Registration scheme for participation in Government Purchases: Those Who Have Been Producing for One Year Micro and small Enterprises that are in continuous production of stores for one year, who own workshops of their own or on a lease basis, and have the commercial and technical competence to produce stores/provide services for supply to Government Departments such as DGS&D, Railways, Defense, P&T, Central/State Government Departments and Central/State Government Public Sector Undertakings, etc. conforming to BIS or such standards as required by the Government buying agencies. Those in Production for Less Than a Year For the micro and small Enterprises who have commenced commercial production but have not completed one year of existence and hence are not able to submit the Audited Balance Sheets and other annexure, the provisional Registration Certificate can be issued to such Micro and Small Enterprises under Single Point Registration Scheme which shall be valid for the period of one year only for the date of issue after levying the registration fee and obtaining the requisite documents. The initial monetary limit for such units will be fixed at Rs.5 Lac Only. The Provisional Registration Certificate will be valid for a period of one year only. The Provisional Registration Certificate shall be renewed by the unit before its expiry as per the terms and conditions of the Single Point Registration Scheme laid down for the renewal of the registration. What Kinds of Documents are required for an NSIC Certification? For detail of what kind of documents are required you can contact Tatve Consultany. How do I get the NSIC? NSIC registration is open to businesses that are already recognized by MSME or have Udyog Aadhar Registration. In order to apply for NSIC Registration, an MSME must first have Udyog Aadhar Registration. The NSIC certificate can be obtained by filling out an application and sending it, along with supporting documentation, to the NSIC zone or branch office closest to the unit. The following are the requirements for an NSIC certificate: – Step 1 SMEs must register in the MSME Data Bank with their UAM No. and PAN in order to become a Single Point Registration Applicant. Step 2 Complete the application form by entering your PAN and UAM numbers when prompted. Step 3 A candidate must submit the completed application and supporting materials. Step 4 You’ll need to pay the necessary cost to get your NSIC certification. Step 5 The NSIC certificate will be mailed to you once payment is confirmed and papers are checked by the authority. What are the Various NSIC Schemes? NSIC Registration covers a wide range of programs, including: – Single Point Registration Scheme (SPRS) Credit Support Raw Material Distribution Consortia & Tender Marketing Scheme NSIC Technical Services Centers E-Marketing/ Digital Services facilitation for MSMEs National Scheduled Caste and Scheduled Tribe Hub What is the Validity of NSIC? Under SPR, the NSIC Certificates issued to MSMEs have a validity period of two years, after which they must be renewed. Also, please be aware that the one-year validity period for a Provisional NSIC certificate issued to micro, small, and medium enterprises (MSMEs) with a financial ceiling of INR 5 Lakhs begins on the date the Certificate is issued. Why Choose Tatva Consultancy for NSIC Registration? When it comes to official documentation, few sites can compare to TATVA CONCULTANCY. We always provide the highest quality service to our clients to help you stay compliant. Advantages of utilizing Tatva Consultancy offerings Expertise and presence of seasoned professionals Proven track record of providing flawless services to a variety of clients. Capacity to simplify complex pre-registration requirements for the purpose of client comprehension. Deliver government licenses and registrations on time. Benefits of an NSIC Certificate Free allotment of tenders No EMD deposit Development of SSIs Assistance in Government tenders Reserved quota (4% is reserved for the units owned by SC/STs.) FREQUENTLY ASKED QUESTIONS (FAQS) What is the NSIC? In 1955, the government of India founded the National Small Industries Corporation Limited (NSIC). Micro, Small, and Medium-Sized Enterprises (MSMEs) are what NSIC falls under. NSIC is now an ISO 9001:2015-certified Mini Ratna PSU with a solid reputation in the industry. How benefited NSIC in Tender and EMD? Both the Tender Fee and the EMD would be waived for bidders who have verified their identities through the National Small Industries Corporation Ltd.’s Single Point Registration Scheme, District Industries Centre (DIC), or Udyog Aadhaar. How does it work in GEM? NSIC helps in Enhancing the Procurement through GeM Portal. Who can Apply for NSIC? NSIC registration is open to businesses that are already recognized by MSME or have Udyog Aadhar Registration. In order to apply for NSIC Registration, an MSME must first have Udyog Aadhar Registration. What are the Charges Applicable for the NSIC Registration? Registration fees might differ for production units. To know more about the charges applicable to you, please contact us. 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