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NSIC Registration

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NSIC Registration Online- Process, Fees, Documents Required

NSIC registration is a formal process that helps small businesses get listed in the NSIC database, which is managed by the government of India to support small enterprises. NSIC registration provides various benefits, including eligibility for government developmental programs and access to support for small businesses facing challenges in today’s economy.

The purpose of NSIC registration is to enable organizations to benefit from large government purchases. While registering for NSIC and obtaining the registration certificate is relatively straightforward, it can be confusing without understanding all the necessary details. This article covers the NSIC registration process, fees, and other essential information, providing you with everything you need to know to register online and receive your NSIC certificate promptly. Follow this guide to learn how to register under NSIC and avail of its benefits for your business.

 
NSIC certificate 1

What is NSIC?

NSIC, or the National Small Industries Corporation, is an ISO-certified government organization that enlists Micro & Small Enterprises (MSMEs) under the Single Point Registration scheme (SPRS) to participate in government purchases. NSIC provides MSMEs with access to government contracts, benefits, and discounts. Established by the Government of India in 1955, NSIC’s main objective is to aid, support, and promote the Micro, Small, and Medium Enterprises (MSMEs) sector in India.

The primary purpose of NSIC is to assist and promote the MSME sector by offering integrated support services in finance, marketing, technology, and other allied services.

Documents Required For NSIC Registration

How To Register under NSIC

The registration process for NSIC is straightforward and can be completed online. Here’s a step-by-step guide:

Step 1. Udyam Registration: Obtain an Udyam Registration Number, which is required for NSIC registration. This can be done through the Udyam Registration portal.

Step 2. Registration in MSME DataBank: Register your business in the MSME DataBank using your Udyam Registration Number and PAN to apply for Single Point Registration.

Step 3. Application for NSIC Registration: Apply for Single Point Registration on the NSIC website. Upload all required forms, annexures, and documents. After submission, the NSIC forwards the application to a zonal branch or sub-branch office for technical inspection and recommendation for NSIC registration.

Step 4. Third-party Inspection: For items stored, a third-party inspection is required. Choose an inspection agency based on their expertise and jurisdiction. Consult the list of Inspecting Agencies for inspection charges.

Step 5. Approval & Issuance of NSIC Certificate: After receiving the inspection report, NSIC approves registration for the MSE unit. The NSIC Registration Certificate will be available online, and a physical copy will be sent by post from the respective NSIC office.

What charges are applicable for NSIC registration?

Here is the fee structure for NSIC registration:

Entity TypeTurnover up to ₹1 CroreTurnover above ₹1 Crore
Micro₹3,000₹3,000 + ₹1,500 for every additional turnover of ₹1 Crore
Small₹5,000₹5,000 + ₹2,000 for every additional turnover of ₹1 Crore

Please note that the registration fee mentioned in the table above is exclusive of the inspection charges levied by the inspecting agency. GST will be applicable extra on the charges. Units located in the North Eastern Region will be given a 20% concession in the registration fee with a cap of ₹1 Lakh for all categories.

Eligibility for NSIC registration

To be eligible for NSIC registration, a business must meet the following criteria:

  1. It must be a small or medium-sized enterprise (SME) with an annual turnover of less than Rs. 100 crore.
  2. The business entity must be registered with the Registrar of Companies (ROC) and have a minimum net worth of Rs. 25 lakhs.
  3. MSMEs that have begun commercial production (Startups) but have not completed one year of operation are eligible for Provisional Registration for one year. After one year, MSMEs can apply for complete registration. Note: Provisional registration certificate is valid for one year and issued to MSMEs with a limit of Rs. 5 Lakh.
  4. Micro & Small Enterprises (MSMEs) having Udyog Adhaar Memorandum (UAM) and possessing their workshop or on lease basis are eligible for registration.
  5. Any manufacturer or service provider with a valid GST number and meeting the above criteria can apply for NSIC registration online.
  6. Eligible firms must have commercial and technological advancements to provide services to government agencies like defense, railways, PSUs, and central and state government departments.
  7. Traders are not eligible for registration under the NSIC schemes.

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