Articles

Browse Articles  »  Business  »  How to Apply for NSIC Registration in India?

How to Apply for NSIC Registration in India?

by Enterslice ITES Pvt. Ltd. Start and Manage Business

NSIC or National Small Industries Corporation is a government of India enterprise under the Ministry of Micro, Small and Medium Enterprises. NSIC helps to promote aid and foster the growth of MSME businesses by operating various schemes in India.  Hence, today in this article we will brief you about the NSIC Registration.

 

What is the NSIC Registration in India?

The word NSIC means National Small Industries Corporation. The corporation’s main aim is to promote the products of small and Micro Entrepreneurs that has been launched by Consortia and Tender Marketing Scheme. You can easily go for NSIC Registration while fulfilling all the requirements. Registration is valid for 2 years and can be renewed.


NSIC Registration

What is the NSIC Registration process online?

Just follow the simple steps for NSIC Registration process online –

  • Visit the official website for NSIC Registration
  • Choose the “Online Registration for GP” given on the right side.
  • Fill up the NSIC registration form and press save and proceed.
  • Payment of registration fees is made
  • Finally, press the “submit” button for registration.

Now, if you do not wish to go for an online method then, an offline method for registration is also available-

  • Download the duplicate of G.P Registration Application Form.
  • Fill in the form with all details
  • Small and Medium Scale Enterprise needs to submit the NSIC Application alongside with the essential charges and should report to the Branch and Sub-office of the NSIC.
  • Forward the form to the concerned Inspecting Office alongside with the duplicate of required archives and imperatives Proofs/ Drafts/ Pay order of the investigation charges
If you do not want any above-discussed service then you just need to contact us and we will do the work on your part.

Registration Charges

The charges imposed on the enterprise are depending upon its turnover and as per the latest audited financial statements. Further, the NSIC Registration charges can be divided into three parts namely- Registration charges, Inspection fees, and professional fees asunder.

 

1.   Registration Fees
The Registration fees are as per the new registration based on the turnover-
  • Less than Rs.1 Crores Turnover – the microenterprise having less than Rs 1 crore turnover is charged with a fee of Rs 3000 and the small enterprise having a turnover of less than Rs 1 cr9ore are charged with a fee of Rs 5000
  • More than Rs. 1 crores Turnover – the microenterprise having more than one crore turnover will be charged a fee of Rs 3000 plus Rs 1500 for each crore of additional turnover. A small enterprise having a turnover of the amount of less than Rs 1 Crores will be charged with fees of Rs 5000 plus 2000 for each crore of additional turnovers.

2.   Inspection charges
The enterprise after paying a registration fee is required to pay RS 2000 for microenterprise and Rs 3000 for small enterprises as an inspection charge.

3.   Professional fees

The enterprise must pay professional fees to RITES Limited and Consultancy Development Center for undertaking physical Inspection. Microenterprise required paying Rs 6000 and small enterprise required to pay 8000 as fees. 


Sponsor Ads


About Enterslice ITES Pvt. Ltd. Committed     Start and Manage Business

378 connections, 7 recommendations, 1,025 honor points.
Joined APSense since, March 3rd, 2017, From Noida, India.

Created on Aug 28th 2018 08:27. Viewed 427 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.