NSIC CERTIFICATE
NSIC Certificate
What is NSIC Registration?
NSIC is a Mini Ratna PSU set up by the Government of India in the year 1955. NSIC connects with different MSMEs operating in India. NSIC promotes and provides aids for the growth of MSMEs across the country. The corporation gives setup training and incubation, which is managed by experts and professionals. NSIC offers an integrated support service regarding various fields which include technology, finance and marketing. NSIC also registers Micro & Small Enterprises (MSEs) under Single Point Registration Scheme (SPRS) for involvement in Government purchases.
NSIC registration – Eligibility Criteria
The business enterprises fulfil the following conditions to become eligible for NSIC registration:
- All those Micro Enterprises who invest in plant & machinery up to Rs. 25 lakhs and invest up to Rs. 10 Lakhs in the service sector
- All those Small Enterprises who invest in plant & machinery up to Rs. 5 Crore and invest up to Rs. 2 crores in the service sector
- Those enterprises which hold the MSME Certificate
- The enterprises which have completed one year of business commencement.
Document required for NSIC
- UdyogAdhaar Memorandum (UAM) Number
- GST certificate
- Copy of PAN
- Copy of last Electricity Bill
- Copy of Sales Deed
- Proof of Business existence for a minimum of 3 years Audited balance sheet
- Profit and Loss account statement for the previous 3 years
- Declaration of entry been made in MSMEs Data Bank
- List of employees involved in production and services
- Attested copy of ownership documents of the business location
- Declaration Certificate from the Directors, Proprietor and Partner whether or not they have any link with large scale Unit