NSIC Registration is Telangana | Fees, Documents, Procedure

Updated on January 10, 2025 04:51:28 PM

NSIC Registration is a public sector undertaking which is also known as Mini Ratna Public Sector Undertaking. The validity of the provisional registration is one year and two years for the NSIC Registration in Telangana. There are various schemes under the NSIC like the Single Point Registration System, Credit Facilitation, Technology Exhibitions, and many others aiming at the development and growth of the MSME. There are many benefits of the NSIC Certificate such as exemption from EMD, free-of-cost issues of the tender set, reservation of items for purchase, and many others.

NSIC Certificate Sample

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What is NSIC?

National Small Industries Corporation is defined as government-owned enterprises with the purpose of supporting and growth of small-scale industries aimed at the growth of small-scale industries. NSIC stands for the National Small Industries Corporation Limited.

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The Objective of the NSIC Certificate in Telangana

The primary objective of the NSIC is to provide combined services like technology, finance, marketing, and other allied services to promote the MSME Sector.

There are many objectives of the NSIC Certificate which are mentioned below -

  • NSIC seeks to aid or advance small-scale enterprises by offering a variety of services, including financial assistance, marketing assistance, technology advancement, and more..
  • Ministry of Small, Micro, and Medium Enterprises of the Indian Government.
  • A company or facility that is associated with the event, athletes, sports endeavours, and more. This centre makes its statistics and data available to researchers, writers, and sports enthusiasts.
  • TThis could be a department or organization in charge of maintaining the confidentiality, precision, and security of a computer network. They might be in charge of implementing security measures, managing incidents, and keeping an eye on prospective cyber threats.
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Process of getting NSIC Certificate in Telangana

MSMEs must fill out the application form and submit it, along with the necessary paperwork, to the NSIC zonal or branch office that is closest to the unit in order to obtain the NSIC certificate as per specific procedures mentioned below:

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Document required for the NSIC Certificate in Telangana

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

  • Self-attested Copy of the Udyog Aadhaar Memorandum number and PAN
  • Ownership of the plant & machinery, equipment, raw materials, and tools.
  • Documents of the Ownership of the business premises.
  • Balance sheet, Profit & Loss Account, Schedule of Revenue, and Schedule of financial assets,
  • Copy of the declaration.
  • Copy of the Electricity bill of the month.
  • Copy of the Certificate from proprietor, director, and partner whether or not that has any large-scale unit.
  • Giving details about the financial status in the Banker Report.
  • List of the quality control equipment
  • Showing the results of the business's operations over the last three years.
  • Premise’s document of the ownership or rent deed or lease deed.
  • Copy of BIS licence, if applicable.
  • Copy of ISO 9000
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Validity of the NSIC Certificate in Telangana

The validity of the NSIC Certificate in Telangana is 2 years and the validity for the provisional certificate is one year.

  • Under Single Point Registration Provisional Registration Certificate is granted after one year from the beginning of the business with a monetary limit of 5 lakhs.
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Renewal of the NSIC Certificate in Telangana

  • A 50% reduction is provided on the MSME Renewal charge, which is dependent on net sales volume.
  • It must be completed two years prior to the end of the 6-month renewal period.
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Eligibility of the NSIC Enterprise

The following are the requirements for eligibility for the NSIC Certificate in Telangana as mentioned below -

  • One year is completed from the commencement of the business.
  • Having MSME Certificate.
  • Small Enterprises- Having investment in Plant and Machinery up to 50 crores.
  • Medium Enterprises- Having investment in Plant & Machinery up to 25 Lakhs.
  • Micro Enterprises- Having investment in Plant & Machinery is 5 Crores.

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.

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NSIC Certificate Fee

For NSIC Certificate in Gurgaon, there are a different fee that has to be paid -

Entity Type Turnover upto 1 Crore Turnover above 1 Crore
Small 5000/- 5000 + 2000 for every additional turnover of 1 Crore
Micro 3000/- 3000 + 1500 for every additional turnover of 1 Crore

Note: The aformentioned Fees is exclusive of GST.

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Various Schemes under the NSIC Certificate in Telangana

There are several various types of NSIC Certificate schemes available in Telangana, as listed below:

  • Raw Material Assistance scheme:- Raw resources are required to make a final product of high caliber. The expenses of a company's raw materials are a significant portion of its overall manufacturing costs. Raw material subsidies give companies the money they require to produce high-quality goods.
  • Single Point Registration Scheme:- Government participation in benefits and purchases is facilitated through the NSIC Single Point Registration Scheme. The MSME lists the names of the various industries.
  • Government scheme implemented by the NSIC:- NSIC has introduced numerous government programs in order to assist SC and ST company owners in India in expanding their current ventures or launching new ones. It seeks to register all current SC and ST business owners and invites any new ones.
  • Consortia and Tender Marketing:- Small enterprises are given assistance to boost business growth. It makes it easier for consortiums and individual businesses to get financial support.
  • Technology improvement - PPP Mode:- At the training and business incubator centers established under the NSIC scheme throughout various centers in India, the technological incubation intends to train new entrepreneurs.
  • Infomediary Services:- The production process of the business depends on managing the business’s information. NSIC helps that all NSIC-related data and information is represented in the infomediary services.
  • Marketing Intelligence:- Any organization's growth depends on its market database. It aids in comprehending the tastes and requirements of various consumers. To increase its customer base, the company strives to offer related products at fair prices. The National Small Scale Industries Corporation's market intelligence program works to compile beneficial consumer and corporate datasets.
  • Marketing Assistance Scheme:- Support for marketing is crucial for a company's overall expansion, especially for MSMEs. Small-scale enterprises can benefit greatly from modern marketing methods. Therefore, the goal of the NSIC marketing support program is to give MSMEs marketing tools.
  • Aspire Scheme The Aspire NSIC program aids in reducing unemployment by generating new employment possibilities in MSME sectors. It aims to encourage people to start their own enterprises and assist them in doing so.
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The Benefit of the NSIC Certificate in Telangana

NSIC Registration in Telangana is dedicated to supporting small and medium-sized businesses (SMEs) at home and fostering their expansion, aiding in business expansion. There are some of the advantages of an NSIC Certificate in Telangana as mentioned below -

  • The overall progress of MSME - The sector will expand if each central department, ministry, and PSU sets a minimum annual goal of 25% of the goods and services produced and provided by the MSME.
  • Reservation of the Quota- 3% of the procurement from MSME is run by women enterprises, 4% of the unit is run by the scheduled tribe or scheduled caste out of the 25% of the procurement reserved for the MSME.
  • Development of the SSI- In NSIC There are 358 items reserved for the purchase from the SSI for the development of the sector.
  • In government, tender assistance is given- Participating MSEs who have quoted prices in the L1+15 percent price range in a tender are additionally permitted to supply up to 25% of the required quantity by lowering their prices to L1 Prices, where L1 is a non-MSE.
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Conclusion

NSIC's full form is National Small Industries Corporation (NSIC). NSIC Registration in Telangana was established under the Ministry of Micro, Small, and Medium Enterprises to aid the MSME growth. To get the NSIC Registration in Telangana application form is submitted to the respective NSIC’s zonal or branch offices. There are many benefits to the NSIC Certificate such as Tender sets being available at low cost, exemption from EMD, 358 Items reserved for the SSI Sector, and many others.

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Frequently Asked Questions

Define NSIC Certificate.

NSIC Certificate is defined as the mission of NSIC, which was founded in 1955 to support, promote, and foster India's MSME (Micro, Small, and Medium Enterprises) ministry. NISC is a Government of India Enterprise that holds ISO 9001-2015 certification. It is also known as the National Small Industries Corporation.

What is the eligibility to get an NSIC Certificate?

Eligible to get NSIC certificates are Micro and small enterprises under the Single Point Registration Scheme (SPRS).

Why NSIC Certificates are necessary for the MSE?

The NSIC Certificate is necessary for the MSE as they become eligible for various development schemes, the competitiveness of the MSME increases and tremendous growth of the business can be achieved.

Is NSIC a firm?

Yes NSIC is a firm included in Schedule 'B'-Miniratna Category which is owned by the government of India under Farmer's Welfare, Ministry of Agriculture and Farmers Welfare, and administrative control of Department of Agriculture Cooperation.

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NSIC Registration in Other States

NSIC Registration in Andhra PradeshNSIC Registration in AssamNSIC Registration in BiharNSIC Registration in ChandigarhNSIC Registration in Chhattisgarh
NSIC Registration in GhaziabadNSIC Registration in GujaratNSIC Registration in GurgaonNSIC Registration in HaryanaNSIC Registration in Himachal Pradesh
NSIC Registration in Jammu and KashmirNSIC Registration in JharkhandNSIC Registration in KeralaNSIC Registration in LadakhNSIC Registration in Lakshadweep
NSIC Registration in MeghalayaNSIC Registration in MizoramNSIC Registration in NagalandNSIC Registration in NoidaNSIC Registration in Odisha
NSIC Registration in PuducherryNSIC Registration in PunjabNSIC Registration in SikkimNSIC Registration in TripuraNSIC Registration in Uttar Pradesh
NSIC Registration in West Bengal