What is NSIC Registration
NSIC Stands for National small Industries Corporation. NSIC enlists Micro & Small Enterprises (MSEs) under Single Point Registration scheme (SPRS) for participation in Government Purchases. The units enlisted under Single Point Registration Scheme of NSIC are eligible to get the benefits under Public Procurement Policy for Micro & Small Enterprises (MSEs) Order 2012 as notified by the Government of India, Ministry of Micro Small & Medium Enterprises,
BENEFITS OF NSIC REGISTRATION
- Issue of the Tender Sets free of cost.
- Exemption from payment of Earnest Money Deposit (EMD).
- In tender participating MSEs quoting price within price band of L1+15 per cent shall also be allowed to supply a portion upto 25% of requirement by bringing down their price to L1 Price , where L1 is non MSEs.
- Consortia facility for Tender Marketing.
- Assistance in Government Tenders
Every Central Ministries/Departments/PSUs shall set an annual goal of minimum 25 per cent of the total annual purchases of the products or services produced or rendered by MSEs. Out of annual requirement of 25% procurement from MSEs, 4% is earmarked for units owned by Schedule Caste /Schedule Tribes and 3% is earmarked for the units owned by entrepreneurs. SPRS registered units are integral part of the supply chain to Government
Eligibility For NSIC Registration
All Micro & Small Enterprises having Udyam Registration are eligible for registration with NSIC under its Single Point Registration Scheme (SPRS).
- Micro & Small Enterprises who have already commenced their commercial production but not completed one year of existence.
- The Provisional Registration Certificate can be issued to such Micro & Small Enterprises under Single Point Registration scheme with monitory limit of Rs. 5.00 Lacs
- Business must be a small or medium sized enterprise with an annual turnover of less than Rs 100 crore to apply for NSIC registration
Not Eligible for SPR Scheme
The MSEs engaged in following activities are not eligible for registration under Single Point Registration Scheme: -
- Manufacture of Medicine and drugs except MSE (unit) engaged in manufacturing and supply of Ayurvedically, Unani, Sidha and Homeopathic Medicines
- Wholesale trading, Retail Trading or commission agents
- The MSEs who have been black listed till expiry of such period.
- The proprietor/partner/director/Karta of the MSEs has been convicted for any criminal offence.
Registration Process under NSIC
- Udyam Registration required to apply NSIC
- MSEs have to register themselves in MSME Data Bank using UAM No. and PAN, to get themselves registered for Single Point Registration.
- Each step has to be filled & every step has saved and continues option. This way form can be refilled and reviewed at any moment using PAN and UAM combination.
- Fees will be charged on the basis of Unit Enterprise category (Micro or Small).
- Third party inspection is also involved for store item inspection. Units are requested to kindly choose inspection agency according to their domain expertise and jurisdiction.
- Final Certificate will be available online and respective NSIC office will send physical certificate copy by post.
- For any communications, the registration number of certificate may be quoted.
Charges Applicable for NSIC Registration
Registration fee is based on the Turnover (Net Sales)
Category | Turnover up to 1 crore | Turnover above 1 crore |
Micro | Rs. 3,000 | Rs. 3000 + 1500 for every additional turnover of 1 crore |
Small | Rs. 5,000 | Rs. 5000 + 2000 for every additional turnover of 1 crore |
Registration fees as mentioned in the table above is exclusive of the Inspection charges as levied by the inspecting agency. Such charges as decided by inspecting agency are by the Unite .The Unite located in the North Eastern Region will be given a 20% concession in the registration fee.Cap of Rs 1 Lakh
GST will be applicable extra on the charges
RENEWAL OF REGISTRATION
- The validity of SPRS Certificate is of 2 years from the date of registration and MSE unit can apply for renewal 6 months before expiry of certificate.
- MSEs Coming for renewal before expiry of SPRS certificate gets discount of 50% on renewal fee.
- MSEs Units having no change from previous issued Certificate can apply renewal online.