Overview of NSIC Registration
NSIC (National Small Industries Corporation Limited) is a government undertaking which was established in 1955. NSIC is operating under Micro, Small, and Medium Enterprise (MSMEs). At present, NSIC is a reputed Mini Ratna Public Sector Undertaking (PSU) and also holds ISO 9001:2015 certification.
NSIC was established to promote & fosters the growth of MSMEs operating in India and to act as a mediator to aid Small Scale Industries. It provides unified support services in various fields that include technology, support service, finance, and marketing. It registers Micro & Small Enterprises under Single Point Registration Scheme for association in Government purchases.
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.
What are the Eligibility Criteria for Choosing NSIC Registration?
The applicant shall mandatorily meet these eligibility criteria before applying for NSIC registration-
Note-The Provisional Registration Certificate shall be issued to the MSEs under the Single Point Registration scheme, which has not completed one year of business commencement.
What are the Schemes Available under NSIC Registration?
There are various schemes under NSIC Registration, which are as follows:-
Benefits offered by MSME Registration to the Small Scale Units
- Public Procurement Policy
- Credit Linked Capital Subsidy Scheme
- Credit Guarantee Scheme
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What Necessary Papers are required for NSIC Registration?
The necessary papers required for NSIC registration are mentioned-below:-
What is the Procedure to obtain the NSIC Certificate?
Enterprises that are registered under MSME or have Udyog Aadhar Registration are eligible to get registered under NSIC. Registered MSME having Udyog Aadhar Registration can apply online for NSIC Registration. To obtain the NSIC certificate, MSMEs are required to fill the application form and submit it along with required necessary papers to the respective NSIC’s zonal or branch offices located nearest to the unit.
For an NSIC certificate, an applicant needs to follow various steps as follows:-
An applicant (MSME) needs to visit the official website www.nsicspronline.com to obtain NSIC Certificate.
To get registered for Single Point Registration Applicant, MSMEs are required to register in MSME Data Bank using UAM No. and PAN.
Fill in the requisite details asked in the application form using PAN and UAM numbers.
An applicant shall submit the application form, along with the necessary necessary papers.
Payment of a requisite fee to obtain the NSIC certificate.
Once the payment is made and confirmed and necessary papers get verified by the authority, the NSIC certificate shall be sent by post.
What are the Charges Applicable for the NSIC Registration?
At the time of NSIC registration various fees such as-
Registration Fees :-
Turnover Up to INR 1 Crore
Turnover Exceeding INR 1 Crore
INR 3000 + INR 1500 for additional turnover exceeding 1 Crore
INR 5000 + INR 2000 for additional turnover exceeding 1 Crore
These charges are paid in addition to the registration fee.
a. Rs 2000 for micro-sized MSME
b. Rs 3000 for small-sized MSME
What is the Validity of NSIC Registration?
Under Single Point Registration NSIC Certificate granted to MSMEs remains valid for 2 years which is renewed after the expiry of such 2 years. You must also note that Provisional NSIC certificate granted to MSMEs with a pecuniary limit of INR 5 Lakhs is valid for 1 year from the date of issue of the Certificate.
What are Functions Performed by NSIC?
Below-mentioned are the functions of NSIC:-
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Frequently Asked Questions
The objective of NSIC is to support and promote the growth of MSME businesses in India. NSIC operates various schemes like-
- Single point Registration for Government Purchase,
- Marketing Support,
- Performance and Credit Rating Scheme for small industries and more.
The applicant shall meet the below-mentioned requirements for being eligible:
- Applicant must be a MSE with valid Udyog Aadhar Memorandum or EM Part-II
- MSMEs who have started their business and have started commercial production for 1 year or less can apply for a provisional NSIC certificate with a validity of 1 year.
- Single point registration scheme
- Credit rating scheme
- Tender marketing scheme
- Assistance for raw material
- National center for SC/ST.
- Providing services relating to Marketing Intelligence.