SSI/MSME registration

Since our foray into SSI/MSME registration, we have been flooded with calls and orders. Here is this blog enlightening some registration and importance of MSME registration.

Government, in order to mark impactful governance, is providing online platform to register MSME though all the documents are required to be submitted.

This registration opens up gates for various government scheme for MSMEs under the Ministry of MSME development. Entities registered under MSME are given special treatment in all government tenders. MSMEs are also allowed to negotiate even after submission of bids.All the PSUs and government departments have been instructed to get certain quota of work done only by MSMEs.
Thus MSME registration comes with great advantage with almost zero annual filings.

Process to register under MSME.

1. Registration can be awarded to manufacturer and service providers falling under MSME criteria which is as follows:

For Manufacturers
          Investment                          Category
  A) less than Rs 25 Lacs.           Micro
  B) Rs 25 lacs to Rs 5 crore.      Small
  C) Rs 5 crore to Rs 10 crore.    Medium

For Service Providers
           Investment.                        Category
  A) less than Rs 10 lacs.             Micro
  B) Rs 10 lacs to Rs 2 crore.       Small
  C) Rs 2 crore to Rs 5 crore.       Medium

2. Applicant needs to keep the copies of certificates depicting value of land and land agreement, Board Resolution for the authorized signatories, Turnover details, list of products, Certificate of Incorporation.

3. The applicant needs to fill the registration form for state MSME.

4. The form is to be completed in all aspects.

5. The completely filled form is required to be signed by the authorized signatory (Director or 

Proprietor  preferred).

6. The documents are required to be submitted along with.

7. After the processing of the form and document the DC state will provide the SSI/MSME registration no.

Hurray your registration is complete, now you can quite your number in all government tenders, MDA activities etc to avail the benfits.

For more details or help in registration process, don't hesitate to visit or contact us.

Munim Team

www.munim.in

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