WHAT IS MSME ?

MSME stands for Micro Small and Medium Enterprises. This is a general classification within the Indian Business and Trade sector defined in terms of their investment made towards equipment etc. They can also be classified based on the type of industry they are associated with the service industry or manufacturing industry.The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006.

However it is always advisable to register under MSME scheme as it is beneficial for business and provides a range of benefits like lower rate of interest, exemption in excise, tax subsidies, rating subsidies, capital investment subsidies etc.We can help your business obtain MSME Registration online to avail a host of benefits.

Benefits to Micro and Small Enterprises ?

  • Protection against delay in payment from Buyers and right of interest on delayed payment
  • Preference in procuring Government tenders,
  • Stamp duty and Octopi benefits,
  • Concession in electricity bills
  • Reservation policies to manufacturing / production sector enterprises
  • Time-bound resolution of disputes with Buyers through conciliation and arbitration
  • Reimbursement of ISO Certification Expenses
  • Excise Exemption Scheme
  • Easy finance availability from Banks, without collateral requirement
  • Preference in procuring Government tenders
  • Reservation policies to manufacturing / production sector enterprises
  • Time-bound resolution of disputes with Buyers through conciliation and arbitration

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