SSI Registration

Registration

  • DIC is the primary registering centre.
  • Registration is voluntary and not compulsory.(Small & Micro Enterprises).
  • A Medium enterprise engaged in the manufacture or production of goods has to compulsorily register under the MSMED Act. For other Enterprises the registration is discretionary or optional.
  • Two types of registration is done in all States. First a provisional registration certificate is given. And after commencement of production, a permanent registration certificate is given.
  • PRC is normally valid for 5 years and permanent registration is given in perpetuity.

Provisional Registration Certificate (PRC)

  • This is given for the pre-operative period and enables the units to obtain the term loans and working capital from financial institutions/banks under priority sector lending.
  • Obtain facilities for accommodation, land, other approvals etc.
  • Obtain various necessary NOCs and clearances from regulatory bodies such as Pollution Control Board, Labour Regulations etc.

Permanent Registration Certificate

  • Enables the unit to get the following incentives/concessions:
  • Income-Tax exemption and Sales Tax exemption as per State Govt. Policy.
  • Incentives and concessions in power tariff etc.
  • Price and purchase preference for goods produced.
  • Availability of raw material depending on existing policy.
  • Permanent registration of tiny units should be renewed after 5 years.

Benefits Of Registration

Taking into consideration the benefits available under the Act, it is recommended that every enterprise shall opt for the registration.

  • Easy finance availability from Banks, without collateral requirement
  • Protection against delay in payment from Buyers and right of interest on delayed payment
  • Preference in procuring Government tenders
  • Stamp duty and Octroi benefits
  • Concession in electricity bills
  • Reservation policies to manufacturing / production sector enterprises
  • Time-bound resolution of disputes with Buyers through conciliation and arbitration
  • Reimbursement of ISO Certification Expenses
  • Excise Exemption Scheme
  • Exemption under Direct Tax Laws

SSI or MSME registration is useful for Manufacturer, Any type of Service Provider, Job Workers, Information Technology Professionals (IT Company of IT Service providers), New Entrepreneurs, New Businesses, New Firms or Private Limited to get Government benefits for Loan, Interest subsidy, capital subsidy, ISO expenses reimbursement, Import Export Code (IEC Code), Government Tenders Earnest Money Deposit - Security Deposit waiver also for tender fees waiver.

  • Easy finance availability from Banks, without collateral requirement
  • Preference in procuring Government tenders
  • Reservation policies to manufacturing / production sector enterprises
  • Time-bound resolution of disputes with Buyers through conciliation and arbitration
  • Excise Exemption Scheme
  • Exemption under Direct Tax Laws

SSI or MSME registration is useful for Manufacturer, Any type of Service Provider, Job Workers, Information Technology Professionals (IT Company of IT Service providers), New Entrepreneurs, New Businesses, New Firms or Private Limited to get Government benefits for Loan, Interest subsidy, capital subsidy, ISO expenses reimbursement, Import Export Code (IEC Code), Government Tenders Earnest Money Deposit - Security Deposit waiver also for tender fees waiver.

Welcome to our Dolphin enterprises company

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Call: +91-9768148977
24X7 support

Email: hardik.belani@ymail.com
Web: www.ssiregistration.in

001, New Laxmi Park, In Vijay Park,
Mira road (East), Thane - 401107

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