NSIC Registration - How to Register, What is the Fees, and Who's Eligible

Updated on September 13, 2022 01:55:43 PM

NSIC registration is a way of formalizing your business and getting listed in the NSIC database. The Government of India set up NSIC to support people who run small businesses. The MSEs registered with NSIC are eligible for support under many governmental developmental programs and can grow tremendously.

The government introduced NSIC registration to support small businesses struggling today's economy. The purpose of NSIC is to give organizations access to benefits from big-ticket purchases made by the government.

Registering for NSIC and getting the registration certificate is easy but can be confusing if you are unaware of all the necessary details. This article covers the NSIC registration procedure from beginning to end and gives you all the information you need to register online and get your NSIC certificate without delay. Go through this article and learn how to get registered under NSIC today.

NSIC Registration Certificate Sample

What is NSIC?

NSIC stands for National Small Industries Corporation. It is an ISO-certified government organization that enlists Micro & Small Enterprises (MSEs) under the Single Point Registration scheme (SPRS) to participate in government purchases. It provides access to government contracts, benefits, and discounts. The Government of India established National Small Industries Corporation (NSIC) in 1955 to aid, support, and promote the Micro, Small, and Medium Enterprises(MSMEs) in India.

Purpose of NSIC

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

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Documents Required For NSIC Registration

For Proprietorship

  1. PAN Card of Proprietor
  2. UAM / Udyam Registration
  3. Details of Plant & Machinery
  4. Copy of ownership document of the premises or copy of Lease deed/Rent Deed
  5. List of quality control equipment and testing facility available in factory
  6. Latest Electricity Bill Copy
  7. Financial Details of the last 3 years, duly signed by the authorized person under his seal
    • Face of Audited Balance Sheet,
    • Profit and Loss A/cs,
    • Schedule of Fixed Assets
    • Schedule of Revenue from Operations
  8. Statement showing the Results of Operation for the last 3 years duly signed by Chartered Accountant
  9. Bankers’ Report giving details of financial status of the applicant firm as per Proforma
  10. Declaration signed by the applicant MSE Unit accepting conditions of registration

For Private/Public Limited Company

  1. PAN Card
  2. UAM / Udyam Registration
  3. Details of Plant & Machinery
  4. Copy of ownership document of the premises or copy of Lease deed/Rent Deed
  5. List of quality control equipment and testing facility available in factory
  6. Latest Electricity Bill Copy
  7. Financial Details of the last 3 years, duly signed by the authorized person under his seal
    • Face of Audited Balance Sheet,
    • Profit and Loss A/cs,
    • Schedule of Fixed Assets
    • Schedule of Revenue from Operations
  8. Statement showing the Results of Operation for the last 3 years duly signed by Chartered Accountant
  9. Bankers’ Report giving details of financial status of the applicant firm as per Proforma
  10. Declaration signed by the applicant MSE Unit accepting conditions of registration
  11. List of Directors & their Share Holding
  12. MoA & AoA
  13. Board Resolution

For Partnership Firm

  1. PAN Card
  2. UAM / Udyam Registration
  3. Details of Plant & Machinery
  4. Copy of ownership document of the premises or copy of Lease deed/Rent Deed
  5. List of quality control equipment and testing facility available in factory
  6. Latest Electricity Bill Copy
  7. Financial Details of the last 3 years, duly signed by the authorized person under his seal
    • Face of Audited Balance Sheet,
    • Profit and Loss A/cs,
    • Schedule of Fixed Assets
    • Schedule of Revenue from Operations
  8. Statement showing the Results of Operation for the last 3 years duly signed by Chartered Accountant
  9. Bankers’ Report giving details of financial status of the applicant firm as per Proforma
  10. Declaration signed by the applicant MSE Unit accepting conditions of registration
  11. Partnership Deed
  12. General Power of Attorney as per Annexure A(1)

For Industrial Co-operative Societies

  1. PAN Card
  2. UAM / Udyam Registration
  3. Details of Plant & Machinery
  4. Copy of ownership document of the premises or copy of Lease deed/Rent Deed
  5. List of quality control equipment and testing facility available in factory
  6. Latest Electricity Bill Copy
  7. Financial Details of the last 3 years, duly signed by the authorized person under his seal
    • Face of Audited Balance Sheet,
    • Profit and Loss A/cs,
    • Schedule of Fixed Assets
    • Schedule of Revenue from Operations
  8. Statement showing the Results of Operation for the last 3 years duly signed by Chartered Accountant
  9. Bankers’ Report giving details of financial status of the applicant firm as per Proforma
  10. Declaration signed by the applicant MSE Unit accepting conditions of registration
  11. List of Members
  12. Copy of Registration of Society
  13. Resolution of Authorization
  14. Name of Executive Body

For Hindu Undivided Family

  1. PAN Card
  2. UAM / Udyam Registration
  3. Details of Plant & Machinery
  4. Copy of ownership document of the premises or copy of Lease deed/Rent Deed
  5. List of quality control equipment and testing facility available in factory
  6. Latest Electricity Bill Copy
  7. Financial Details of the last 3 years, duly signed by the authorized person under his seal
    • Face of Audited Balance Sheet,
    • Profit and Loss A/cs,
    • Schedule of Fixed Assets
    • Schedule of Revenue from Operations
  8. Statement showing the Results of Operation for the last 3 years duly signed by Chartered Accountant
  9. Bankers’ Report giving details of financial status of the applicant firm as per Proforma
  10. Declaration signed by the applicant MSE Unit accepting conditions of registration
  11. Authorization of Karta

For Limited Liability Partnership

  1. PAN Card
  2. UAM / Udyam Registration
  3. Details of Plant & Machinery
  4. Copy of ownership document of the premises or copy of Lease deed/Rent Deed
  5. List of quality control equipment and testing facility available in factory
  6. Latest Electricity Bill Copy
  7. Financial Details of the last 3 years, duly signed by the authorized person under his seal
  8. Statement showing the Results of Operation for the last 3 years duly signed by Chartered Accountant
  9. Bankers’ Report giving details of financial status of the applicant firm as per Proforma
  10. Declaration signed by the applicant MSE Unit accepting conditions of registration
  11. Copy of incorporation document LLP Agreement (Form-3)
  12. Copy of Form 4:- Names of partners and changes, if any, made therein
  13. Copy of Form 2 (It shows the location of the main or registered offices of the LLP, details of all the partners, statements etc)
  14. Copy of Form 8:- Statement of Account and Solvency – The Statement of Account & Solvency.
  15. Copies of Form 11:- Annual Return
  16. General Power of Attorney as per Annexure A(1)

For Trust

  1. PAN Card
  2. UAM / Udyam Registration
  3. Details of Plant & Machinery
  4. Copy of ownership document of the premises or copy of Lease deed/Rent Deed
  5. List of quality control equipment and testing facility available in factory
  6. Latest Electricity Bill Copy
  7. Financial Details of the last 3 years, duly signed by the authorized person under his seal
  8. Statement showing the Results of Operation for the last 3 years duly signed by Chartered Accountant
  9. Bankers’ Report giving details of financial status of the applicant firm as per Proforma
  10. Declaration signed by the applicant MSE Unit accepting conditions of registration
  11. List of Members
  12. Copy of Registration of Trust
  13. Resolution of Authorization
  14. Name of Executive Body

How To Register under NSIC

NSIC registration process NSIC registration process

The registration process is simple and can be done online. You will need to provide basic information about your business and pay a registration fee. Once you are registered, you will be issued an NSIC certificate.

Step 1. Udyam Registration:

Udyam Registration Number is required to apply for NSIC registration. Therefore the primary step of NSIC certification is MSME registration

Step 2. Registration in MSME DataBank:

MSMEs have to register themselves in MSMEDataBank using UAM No. and PAN to apply for Single Point Registration.

Step 3. Application for NSIC Registration:

The application for Single Point Registration is done online on the NSIC website. All the required forms, annexures, and documents have to be uploaded properly. After applying, the NSIC forwards the application to a zonal branch or sub-branch office nearest to the applicant to complete the unit's technical inspection and forwarding of recommendation for NSIC registration.

Step 4. Third-party Inspection:

Inspection by a third-party agency is involved for store item inspection. The units have to choose an inspection agency according to their domain expertise and jurisdiction. To check the Inspection charges, refer to the list of Inspecting Agencies empanelled for technical inspection under SPRS.

Step 5. Approval & Issuance of NSIC Certificate:

On receiving the inspection report from the agency, NSIC grants registration to the MSE unit. Post-approval, NSIC Registration Certificate will be available online, and the respective NSIC office will send a physical copy of the certificate by post.

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NSIC Registration Fees

The total cost of NSIC registration includes Registration fee, Professional fee and Inspection fee. The Professional fee is ₹15,000 and the Registration fee is based on the Turnover and the latest audited Balance Sheet of the MSE. The Registration fee structure for NSIC certification is below.

Entity Type Turnover upto ₹1 Crore Turnover 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

Note: 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. The units located in the North Eastern Region will be given a 20% concession in the Registration fee. Cap of ₹1 Lakh for all categories.

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Eligibility for NSIC registration

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

  • The validity of the NSIC Certificate is Two Years from the registration date, and MSE units can apply for renewal six months before the certificate expires.
  • Renewal under NSIC is completed in person by presenting the recommended application and the endorsed application fee to the relevant division. The expense is determined by the net sales turnover of the company.
  • MSEs that renew their SPRS certificates before expiration receive a 50% reduction on the renewal fee.
  • MSE Units with no changes from the previous certificate can apply for renewal online.
  • Applicant must possess all the documents required for NSIC registration along with the original NSIC certificate at the time of renewal.

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Single point registration Scheme for government purchase

As a vendor, you may register for the NSIC Single Point Registration Scheme if you are interested in providing government agencies goods or services. The program streamlines the registration process by allowing you to register once instead of with each agency.

To register, you'll need to complete an online application and submit certain documents, including proof of business entity, financial statements, and more. You need to pay a non-refundable fee associated with registration.

In 2012, an official order created the Single Point Registration System(SPRS) - a section of a public procurement policy that specifically deals with small businesses. In addition to giving these SMEs access to various vendor opportunities and a general increase in sales revenue.

SPRS also helps them find relevant services they might need while registering their company or getting started on something new by providing everything from legal support to marketing assistance. And because of so many options through this one-stop shop program, everyone who registers will benefit from everything available at NSIC.

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Benefits of NSIC registration

Exemption from Vendor Assessment

A business entity having an NSIC certificate is exempted from Vendor Assessment on Gem Portal.

Supports MSMEs

Registering under NSIC provides access to training courses and workshops on topics such as marketing strategies, technology investment strategies, finance management, and more to help MSMEs in India improve their performance.

Exempted from paying EMD

Micro and small enterprises(MSEs) that have registered with NSIC for a specific product category and whose credentials have been checked by the NSIC database are free from payment of Earnest Money Deposits(EMD).

Free Allotment of Tender

MSMEs can freely participate in government contracts and tenders by obtaining NSIC Registration Certificate. It also helps small-scale businesses get the contracts they need for their work and allows them to sell their products at competitive prices.

Assistance in Government Tenders

Registered businesses also get preference in tenders floated by public sector undertakings (PSUs). MSMEs can secure government purchases and tenders by utilizing the SPRS. Aside from that, MSMEs would also be notified of any allotted tenders.

Provides Transparency

It also seeks to promote greater transparency in the manner in which foreign funds are raised and spent by NGOs and other trusts involved in a social cause.

Ensures Legality of a Business

NSIC registration protects businesses from being cheated by unscrupulous traders and ensures that only quality goods are supplied. The NSIC logo is a quality mark and a valuable promotional tool for businesses.

Reservation for SC/ST and Women Entrepreneurs

SPRS registered units are an essential aspect of the government's supply chain. The government allows reservations for some units. Hence, Out of the yearly procurement requirement of 25% from MSEs, 4% is planned for units owned by Schedule Caste / Scheduled Tribes, and 3% is earmarked for units owned by Women Entrepreneurs.

Other Benefits

Once registered, businesses become eligible for a range of benefits such as access to credit, subsidies, raw material assistance, and more.

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Various Schemes under NSIC

The NSIC provides numerous services to support prosperous entrepreneurs and small businesses. NSIC has been promoting micro and small enterprises through its various schemes. Some of the NSIC schemes are explained below.

Single Point Registration Scheme

NSIC enrolls Micro and Small Enterprises (MSEs) in the Single Point Registration Scheme (SPRS) to participate in Government Purchases. Units registered through NSIC's Single Point Registration Scheme are eligible for privileges under the Public Procurement Policy for Micro and Small Enterprises.

Marketing Assistance Scheme

Marketing assistance has long been regarded as one of the most crucial tools for the growth of any firm. In today's fiercely competitive market, it is critical for the survival and growth of Micro, Small, and Medium Enterprises. NSIC established a variety of services to assist businesses in their marketing efforts.

Raw Material Assistance Scheme

The Scheme helps MSMEs by funding the procurement of raw materials. It allows MSMEs to concentrate more on producing high-quality goods. The main advantage of the RMA Scheme is to facilitate purchasing raw materials with credit support for upto six months.

Technology Incubation Scheme

Emerging technical and knowledge-based entrepreneurial concepts must be nurtured and developed in a supportive environment before commercializing the business. As a result, the technology incubation centers have been set up by NSIC to support technology-based companies.

International cooperation Scheme

NSIC supports long-term international collaboration. The emphasis is on long-term business relationships rather than one-way transactions. NSIC has contributed to the strengthening of enterprise-to-enterprise cooperation by providing the following services:

  • Exchanging business/technology missions with different countries
  • Discovery of new markets and areas for collaboration
  • Identifying new export markets by attending sector-specific shows around the world
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Hassle-free NSIC registration with Professional Utilities

There are many complexities in the NSIC registration process, and document uploading may seem daunting; seeking an NSIC Registration agent is advised.

Obtaining an NSIC certificate is relatively easy when you are backed by Professional Utilities. All you need to do is to follow these three simple steps:

  • get in touch icon
  • documents required icon
  • get registered icon

Step 1:
Get in touch via call or contact form

Step 2:
Provide necessary documents

Step 3:
Get your NSIC Certificate

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Frequently Asked Questions on NSIC Registration

What is NSIC Single Point Registration?

The Single Point Registration Scheme (SPRS) is an NSIC development scheme designed to help MSMEs in India. MSMEs with an NSIC registration scheme who choose this Scheme are excluded from Earnest Money Deposit (EMD) in Government Purchases.

What is an NSIC certificate?

NSIC certificate is an important document that allows Micro, Small, and Medium Enterprises to avail of benefits from the multiple schemes offered by NSIC.

How much does it cost to register with NSIC?

The government fee for NSIC registration of micro-enterprise is 3000 INR, while the government fee for Small enterprises is 5000INR. It will cost you an additional fee for every 1 crore turnover.

What is the Purpose of NSIC?

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

How long does it take to get NSIC registration Certificate?

It takes 15-20 working days to get an NSIC registration certificate. You can download the certificate from the NSIC online portal.

What are services provided by NSIC?

There are numerous services provided by the NSIC, including raw material assistance, government tenders, digital services, Artificial Intelligence, Marketing support, foreign cooperation, skill, Development training, and much more.