NSIC Registration is Assam | Fees, Documents, Procedure

NSIC is the ISO 9001-2005 certified government of India established to promote micro, small, and medium enterprises by giving coherent support services like technology, marketing, finance, and other services. The validity of the NSIC Certificate in Assam is 2 years and with technical and commercial competence it can be renewed before 6 months of expiry of the validity. MSME Registration helps in government tender, procurement, and getting loans. By filling out the application form along with supporting documents and inspection of the premises NSIC Certificate in Assam is granted.

NSIC is defined as a government agency that supports the growth of companies with connections to MSME. Through loans and other programs, it also actively aids firms in surviving in the current marketplace. through providing opportunities for skill development and training. Additionally, it offers MSMEs full technical, marketing, and financial support services.

NSIC's primary goal is to help and advance Micro, Small, and Medium-Sized Enterprises by providing comprehensive marketing, financial, technological, and supportive services. The main objectives of the NSIC Certificate are mentioned below -

• By providing a range of services like financial aid, marketing support, technology upgradation, and more, NSIC aims to help or promote small-scale industries.
• Government of India's Ministry for Small, micro, and medium-sized Businesses.
• Organization or Centre that is connected to the occasion, athletic endeavours, athletes, and more. Researchers, journalists, and sports aficionados can access statistics and data from this center.
• This might be a group or center in charge of preserving the privacy, accuracy, and security of a network or computer system. They may be responsible for putting security measures in place, handling incidents, and monitoring potential cyber threats.

The following list of documents must be supplied in order to obtain an NSIC Certificate in Assam -

• Documents such as Udyog Aadhar Memorandum Number and PAN are provided which are self-attested.
• Sales deed(where applicable)
• Proof of the ownership of the premises of the business.
• Performance statement.
• Director, proprietor, and partner
• Profit & Loss Account, Balance sheet, Schedule of financial assets, and Schedule of revenue.
• Quality Control Measurement detail of the entity.
• Audited copy of the latest Balance sheet, Profit & Loss Account, Schedule of Revenue, and Schedule of financial assets
• A Total number of employees in the organization.
• Declaration of the director of the MSE when there is no link with large-scale units.
• Rent deed or Ownership or Lease Deed.
• Quality Control Equipment list.

• The NSIC Certificate has a validity of 2 years for a single-point registration scheme
• Provisional NSIC having a pecuniary limit of 5 Lakhs has a validity of one year.

• Before the expiry of the 6 Months, the NSIC Certificate needs to be applied.
• A 50% discount is given on the renewal before the expiry of the certificate.

Eligible enterprises must possess cutting-edge commercial and technological capabilities in order to provide services to various government departments, including the defense, railroads, PSUs, and central and state government departments. There is certain eligibility as mentioned below -

• Any MSE having a workshop on lease or of their own is eligible for the registration in NSIC Certificate in Assam.
• Micro Enterprises Enterprises in Assam, Uttar Pradesh, with a maximum investment in plant and equipment of Rs. 1 crore and a maximum annual revenue of Rs. 5 crores.
• Small Enterprises Enterprises in Assam, Uttar Pradesh, with a minimum investment in plant and equipment of Rs. 10 crore and a maximum annual revenue of Rs. 50 crore.
• Medium Enterprises Enterprises in Assam, Uttar Pradesh, with an investment in plant and equipment up to Rs. 50 crores and a yearly turnover up to Rs. 250 crores.
• MSE which has not completed one year of commercial production need not be applied for the NSIC Registration.

In order to supply services to various government departments, such as the defense, railroads, PSUs, and central and state government departments, eligible firms must have advanced commercial and technological capabilities.

Small businesses around the country can use NSIC for a wide range of services. For various business operations, such as procurement, government contracts, and tendering, the NSIC Certificate is essential. NSIC Certificate in Assam now provides funding for marketing operations like export, bill discount, and internal marketing thanks to an agreement reached with a number of private sector and nationalized institutions. An NSIC Certificate is valid for two years. The courses provided by the NSIC Certificate include a rating system, a single-point registration system, performance credit, and marketing help, to name a few.