NSIC stands for National Small Industries Corporation Limited. It is a Mini Ratna PSU established by Government of India in 1955. It falls under Ministry of Small, Medium and Micro enterprises (MSME) in India. There are multiple benefits of registration under NSIC scheme which includes-
- Free of cost tender info.
- Exemption from EMD ( Earnest money deposit).
- Advantages in tender participation
- Mandatory procurement by central ministries from MSMEs.
A firm can apply for NSIC registration certificate both in online as well offline. This certificate is valid for period up to two years.
In future articles, we would look into detailed NSIC documents list required for registration. Meanwhile, one can consider following list as a starting checklist for documents-
- Udyog Aadhar Memorandum (UAM) number.
- GST certificate
- Copy of PAN
- Copy of electricity bill or sale deed.
- Audited financial statements of past 3 years
- Declaration of entry been made for the firm in MSME data bank.
- List of employees.
- Ownership proof
- Declaration from proprietor, partner or director that they do not have any linkage with any large scale unit.
Meanwhile, You can read articles on Shop and establishment act FAQs, Import and export code FAQs, Udyog Aadhar registration FAQs by clicking respective links.