NSIC Renewal
4.9
NSIC Renewal — Documents, Fees, Process & Checklist
National Small Industries Corporation (NSIC) registration assists eligible businesses participate in government procurement opportunities and avail benefits available under the Single Point Registration System (SPRS). NSIC registration must be renewed before expiration to maintain its validity and continue availing applicable benefits. NSIC Renewal involves timely update of existing registration, submitting required documents, and completing requisite verification formalities prescribed by NSIC.
NSIC facilitates Micro, Small, and Medium Enterprises with specially designed schemes to enhance their growth and development; they also provide integrated support services like Marketing, Finance, and other services. It acts as a facilitator for MSMEs and supports them in their marketing for domestic and foreign markets. Professional Utilities with more than a decade of experience assist businesses throughout the entire process of renewal from documentation and application filing to addressing queries and establishing proper coordination with concerned authorities.
NSIC Certificate Renewal Process
NSIC Single Point Registration Scheme is valid for two years and must be renewed before expiry date. It is advisable to renew before expiration to avail 50% discount on renewal fees
- Log in to the NSIC Portal: Visit NSIC SPRS portal using your existing login and registration credentials
- Fill in the Renewal Application Form: Complete the NSIC renewal application form with the required details, including the existing NSIC registration information, business particulars and other relevant details.
- Upload Documents: Upload all necessary documents including audited balance sheets for the past 3 years, CA verified Annexure C and other requisite documents
- Pay Renewal Fees: Applicants must pay the renewal fees online based on net sales turnover. Apply for renewal before expiry to get 50% discount on renewal fees.
- Verification by NSIC: NSIC representatives verify the details and documents of the applicant. Physical inspection may also be required to ensure transparency throughout the process.
- Issuance of Renewal Certificate: NSIC issues a renewal certificate within 15 to 30 working days upon successful verification and inspection. Once issued, the NSIC certificate remains valid for 2 years.
Documents Required for NSIC Renewal
This document checklist applies specifically to NSIC Certificate Renewal under the Single Point Registration Scheme (SPRS). For fresh NSIC Registration documents, see our NSIC Registration page.
Common Documents Required for All Entity Types
- PAN Card of the firm
- Udyam Registration Certificate
- Details of plant and machinery
- Copy of ownership documents of the premises or lease agreement
- Latest electricity bill copy
- Audited Balance Sheet for the last three years
- Profit and Loss Account for the last three years
- Schedule of Fixed Assets for the last three years
- Schedule of Revenue from Operations for the last three years
- Original NSIC enlistment certificate issued at the time of registration
- Bankers' Report giving details of the financial status of the applicant firm (as per Proforma — Annexure E)
- Declaration signed by the applicant MSE unit accepting conditions (Annexure D)
- Third-party inspection report — a third-party agency inspects the unit as part of the renewal process
Entity-Specific Additional Documents
Proprietorship
- Declaration about the proprietor and the occupier
Partnership Firm
- Partnership Deed
- General Power of Attorney
- List of Partners with complete residential addresses
- Resolution passed by partners appointing one partner as the authorised signatory
Private Limited / Public Limited Company
- Memorandum and Articles of Association
- Certificate of Incorporation
- List of Directors with their shareholding
- Board Resolution appointing the authorised signatory/occupier
Limited Liability Partnership (LLP)
- LLP Agreement (Form 3)
- Form 4 — Names of Partners and any changes thereto
- Form 2 — Location of registered office, partner details
- Form 8 — Statement of Account and Solvency
- Form 11 — Annual Return
- General Power of Attorney
Hindu Undivided Family (HUF)
- Authorization from the Karta of the HUF
Industrial Co-operative Society / Trust
- Copy of Registration of the Society or Trust
- List of Members
- Name of the Executive Body
- Resolution of Authorisation
Fees Required for NSIC Certificate Renewal
| Entity Type |
Registration Fee (Turnover up to ₹1 Crore) |
Registration Fee (Turnover above ₹1 Crore) |
Renewal Fee (if renewed before expiry) |
|---|---|---|---|
| Micro | ₹3,000 | ₹3,000 + ₹1,500 per additional ₹1 Crore turnover | ₹1,500 50% of ₹3,000 registration fee Early renewal discount |
| Small | ₹5,000 | ₹5,000 + ₹2,000 per additional ₹1 Crore turnover | ₹2,500 50% of ₹5,000 registration fee Early renewal discount |
| Inspection Charges | Paid separately to the inspecting agency (Not included in the fee cap) | Micro: ₹2,000 Small: ₹3,000 |
|
Renewal fee = 50% of registration fee — this discount applies only if the renewal application is submitted before the certificate expiry date. Applications submitted after expiry attract the full registration fee and require fresh inspection.
Maximum fee cap: ₹1,00,000 for all categories, exclusive of inspection charges and GST.
North-western region: 20% concession on registration/renewal fee. No concession on technical inspection charges.
GST is applicable over and above all fees mentioned above.
What is NSIC?
NSIC also known as stands for National Small Industries Corporation, is a Mini Ratna Category-I Public Sector Undertaking established in 1955, operating under the Ministry of Micro, Small and Medium Enterprises (M/o MSME). It is ISO 9001-2015 certified and operates pan-India through a network of offices, technical centers, and training cum incubation centers. NSIC renewal process is the legal method of extending registration of NSIC to continue availing benefits like financial aid, subsidies, and tender preferences.
Schemes under National Small Industries Corporation (NSIC)
NSIC supports Micro, Small, and Medium Enterprises (MSMEs) through several national level schemes including Single Point Registration scheme for government tenders and Raw Material Assistance Scheme for credit-backed material procurement among others. Listed below are the 12 key schemes launched by NSIC:
Raw Material Assistance (RMA) Scheme
RMA scheme by NSIC assist in finance of indigenous and imported raw materials against Bank Guarantees offering credit periods of up to 180 days (approx. 6 months)
Bank Credit Facilitation Scheme
The scheme by NSIC aims to link MSMEs with partner nationalized and private banks to facilitate business loan approvals at zero cost to the entrepreneur.
Bill Discounting Scheme
Short-term working capital is provided on discounted genuine trade bills and invoices raised against govt. Departments or large public sector companies.
Assistance to Wholesalers and Retail Traders (AWRT)
Working capital credit facility is provided against bank guarantees explicitly for commercial trading entities.
Single Point Registration Scheme (SPRS)
Free tender access, complete exemption from Earnest Money Deposits (EMD), and preferential treatment in public procurement are key benefits available to MSMEs under the SPRS.
Consortia and Tender Marketing Scheme
Assists smaller micro-enterprises into joint consortia to pitch for, win and collectively execute large scale institutional orders.
Marketing Facilitation Scheme
Facilitates MSMEs participating in domestic and international trade in obtaining subsidy for stall rentals, airfare and logistics.
Machines & Equipment Selling Scheme
This scheme by NSIC helps MSMEs safely verify, secure transactions and involve in procurement of high-demand machines & equipment.
e-Marketing Services
Provides Business2 Business (B2B) web portal to enterprise to host digital storefronts, generate global trade leads and trace active business tenders.
Technology Incubation Scheme
Specialized incubation centers for mentorship of unemployed youth, training on technical trades and facilitate in starting new micro enterprises.
MSME Saarthi (NBPA Scheme)
NSIC Business Promotion Associates, also known as NBPA Scheme, is another milestone scheme launched by NSIC to expand outreach and bridge services gap for micro, small and medium enterprises across the nation.
National SC/ST Hub Support Framework
Dedicated guidance and specialized training programs for entrepreneurs belonging from SC/ST backgrounds.
Single POINT REGISTRATION Scheme (SPRS)
NSIC offers registration under a single point registration scheme (SPRS), which allows Micro and Small Enterprises(MSEs) to participate in government purchases. This allows the vendors to provide their goods and services to the government agencies. To register yourself, you need to complete an online application process and submit the required documents, consisting of proof of business entity, financial documents, and more. The unit listed under SPRS is eligible to get benefits under the public procurement policy for Micro and Small Enterprises order 2012, notified by the government of India, the Ministry of Micro Small and Medium Enterprises.
The two major benefits of this scheme that the MSE can avail are
- Exemption from the tender fee in the government tender.
- Exemption from Earnest Money Deposit (EMD)
Benefits of SPRS
SPRS was launched in 1976 to increase the share of purchases from small-scale industries in government procurement. Micro and Small Enterprises (MSEs) must have Udyam Registration to avail benefits under SPRS.
- Exemption from tender fees in government tenders.
- Exemption from Earnest Money Deposit (EMD).
- Government departments and PSUs are required to procure a minimum of 25% of their goods and services from MSEs.
- MSEs whose quoted prices fall within the L1 + 15% price band are eligible to participate in government procurement.
- 4% of procurement is reserved for SC/ST-owned MSEs, while 3% is reserved for women-owned MSEs.
- A total of 358 items are reserved for exclusive procurement from the Small-Scale Industry (SSI) sector.
- NSIC supports skill enhancement programmes for MSME entrepreneurs.
- Easy access to loans and advances through banks at lower interest rates.
Note: Traders cannot register under NSIC. Only Micro and Small Enterprises engaged in manufacturing or service activities are eligible. New MSEs that have not yet completed one year of operations may apply for a Provisional NSIC Certificate, which is converted to a regular certificate after completing one year and undergoing physical inspection
Eligibility for NSIC Renewal
NSIC Renewal is mandatory to maintain active government vendor status and continue retain benefits like EMD exemptions. To renew an existing NSIC Single Point Registration Certificate Micro & Small Enterprises must:
- Hold a valid (or recently expired) NSIC SPRS certificate
- Continue to qualify as a Micro or Small Enterprise as per current Udyam Registration thresholds
- Have updated Udyam Registration on the NSIC portal
- Have no fundamental change in manufacturing process, product range, or business nature
- Provide financial statements for the previous 2-3 years
Post-Renewal Compliance for NSIC Certificate
Key compliance requirements to follow after NSIC Certificate renewal are:
- Submit audited P&L, balance sheet and CA-signed results statement each year
- Any change in manufacturing process, product range, business nature, or registered address must be reported to NSIC before implementation
- Maintain compliance with applicable labour, environmental, GST, and income tax laws
- Disputes regarding NSIC registration or benefits must be resolved through NSIC's grievance redressal portal
Consequences of NSIC Certificate Expiry
Timely renewal of NSIC certificate helps businesses maintain continuity and avoid disruptions in availing applicable procurement benefits.
- MSME loses the exemption from paying tender fees in government tenders, making participation in government procurement more expensive and less competitive
- Earnest Money Deposit (EMD) exemption ceases immediately, requiring business to block working capital as security deposit
- An expired NSIC certificate cannot be renewed. Your business must submit a fresh application with complete documentation and undergo a new physical inspection, effectively restarting the entire registration process from scratch.
- Business or enterprise no longer qualifies under the mandatory 25% government procurement policy for MSEs
RENEWAL OF NSIC REGISTRATION
- The NSIC Certificate is valid for two years from the date of registration and the MSE unit can apply for renewal six months before it expires.
- MSEs, that renew their SPRS certificate before its expiry, get a discount of 50% on the renewal fee.
- MSE units having no change from previously issued certificates can apply for renewal online.
Renew Your NSIC Certificate with Professional Utilities
NSIC Certificate offers a wide range of benefits to micro, small, and medium-sized enterprises (MSMEs) in India. By maintaining a valid NSIC Certificate, businesses can enhance their credibility, participate in government tenders, and avail themselves of applicable benefits and schemes available to NSIC-registered units. The NSIC Certificate must be renewed before its expiry to continue availing of the benefits offered by the government. The NSIC renewal process is straightforward and can be completed online, making it accessible to MSMEs across the country. Timely renewal helps businesses maintain continuity in their NSIC registration and avoid disruptions in accessing applicable procurement benefits. With continued government support for the MSME sector, maintaining a valid NSIC Certificate can help eligible businesses pursue government procurement opportunities and support their growth.
FAQ's on NSIC Renewal
What is the purpose of NSIC?
NSIC offers a range of tailored schemes to enhance the competitiveness of micro, small, and medium-sized enterprises. The organization provides integrated support services for marketing, technology, finance, and other areas.
What is the validity of NSIC?
The validity of the certificate is two years from the date of issue and can be renewed after every two years thereafter.
What is the exemption of EMD for NSIC?
Exemption from payments of Earnest Money Deposit(EMD), the MSEs participating in tender quotes price within a price band of L1+15 percent shall also be allowed to supply a portion up to 20 percent of requirement by bringing down their price to L1 price where L1 is non MSEs.
Are MSME and NSIC the same?
The difference between MSME and NSIC registration is that MSME registration is a government scheme, that provides various benefits to the SMEs, while NSIC registration is mainly for businesses that want to avail themselves of the services offered by NSIC.
Testimonials
"Explore how Professional Utilities have helped businesses reach new heights as their trusted partner."
It was a great experience working withProfessional Utilities. They have provided the smoothly. It shows the amount of confidence they are having in their field of work.
Atish Singh
It was professional and friendly experience quick response and remarkable assistance. I loved PU service for section 8 company registration for our Vidyadhare Foundation.
Ravi Kumar
I needed a material safety data sheet for my product and they got it delivered in just 3 days. I am very happy with their professional and timely service. Trust me you can count on them.
Ananya Sharma
Great & helpful support by everyone. I got response & support whenever I called to your system. Heartly thanx for Great & Super Service. Have a Great & Bright future of team & your company.
Prashant Agawekar
Thank you so much Professional Utilities team for their wonderful help. I really appreciate your efforts in getting start business. Pvt Ltd company registration was smooth yet quick.
Abhishek Kumar
I applied for Drug licence and company registration and their follow-up for work and regular updates helped me a lot. They are happily available for any kind of business consultancy.
Vidushi Saini
Great experience went to get my ITR done, process was quite convenient and fast. Had a few queries, am happy about the fact those people explained me all things I wanted to know.
Taniya Garyali
Great services provided by Professional Utilities. They are best in this industry and the best part is their prices are so affordable. Kudos to you. Now you guys are my full-time consultant.
Aftab Alam
Trusted By
.svg)
