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msme/ssi registration In delhi Ncr


The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 to promote, facilitate and develop the competitiveness of the micro, small and medium enterprises. Micro, Small and Medium Enterprises are in small size, as per their investment. They perform a role in the economy by:

• providing employment to a large number of unskilled and semi-skilled people,

• contributing to exports,

• raising manufacturing sector production and

• Extending support to bigger industries by supplying raw material, finished parts & components, etc.

Msme Classification In India

MSME Classification in India is based on the investment in plant & machinery or equipment of the entity

Service sector and manufacturing sector have different thresholds for MSME classifications.

1.) In case where the enterprises engaged in the manufacture or production, processing or preservation of goods:

Classification of the MSME Ceiling limit on Investment in Plant and Machinery (Rs)

Micro Below 25 lakhs

Small 25 lakhs to 5 crores

Medium 5 crores to 10 crores

2.) In case where the Enterprises engaged in providing or rendering of services:

Classification of the MSME Ceiling limit on Investment in Equipments (Rs)

Micro Below 10 lakhs

Small 10 lakhs to 2 crores

Medium 2 crores to 5 crores

MSME schemes launched by the Government are:

 Grievance Monitoring System

 Incubation

 Credit Linked Capital Subsidy Scheme

 Quality Management Standards & Quality Technology Tools

 Zero Defect Zero Effect

 Udyog Aadhaar Memorandum

Micro, small and medium enterprises can obtain MSME Registration under the MSMED Act. Though the MSME registration is not statutory, it is beneficial for our business, to sustain the economic growth and increase exports, to g enerate large scale employment and for making the growth inclusive.

Documents Required for MSME Registration

 Business Address Proof

 Copy of Licenses and Bills of Machinery Purchased

 Partnership Deed/ MoA and AoA

 Copies of Sale Bill and Purchase Bill

Benefits of MSME Registration

 Bank loans become cheaper as the interest rate is very low

 Allow credit for minimum alternate tax (MAT) to be carried forward for up to 15 years instead of 10 years

 get easy access to credit

 One Time Settlement Fee for non-paid amounts of MSME

 Provide higher preference for government license and certification

 cost to getting patent, or the cost to setting up the industry reduces as many rebates and concessions are available

 many government tenders are open to the MSME Industries

 tax rebates offered to MSME.

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