SSI Registration Certificate: Fees, Process and Form For 2024
Are you seeking for SSI registration or license and its benefits? Then you found the right blog. SSI stands for Small Scale Industry, if any entity or business once obtains SSI registration certificate, it becomes eligible to receive several benefits from Government schemes and subsidies. SSI are industries that manufacture, produce or render services on a Small or Micro scale level. SSI registration can play a vital role in boosting your business. Through this blog we will have a look at complete information about SSI registration certificate, we will be discussing about its process, fees, eligibility and benefits.
Small Scale Industry registration is same as MSME registration in India, it is controlled or offered by Ministry of Micro, Small, and Medium Enterprises through the directorate of the State Government. Earlier SSI were granted the SSI registration by the Ministry of Small and Micro-scale industries came under the MSME Act but now the SSI included under the Ministry of MSME and are classified on the basis of turnover and investment limits provided under MSME Act. The reason behind SSI establishment is to encourage the SSI business with Government Schemes and also maintain their Statistics. SSI is the crucial sector for the economy the point of view of the financially and socially.
SSI/MSME Registration Eligibility Criteria
Any Small Scale industry or MSME is eligible for applying SSI/MSME registration based on the Investment and its turnover as follows:
S.No. | Type of enterprise | Investment | Turnover |
1 | Micro | Rs 1 crore | Rs 5 crore |
2 | Small | Rs 10 crore | Rs 50 crore |
3 | Medium | Rs 50 crore | Rs 250 crore |
Benefits of SSI Registration
If you desire to improve your small scale industry and boost your technology and services, in this case SSI registration is pretty crucial. As it makes your eligible to avail benefits and incentives from Government of India. Some of the benefits are mentioned below:-
- Priority sector lending in banks
- Bank loan availability at low rate of interest
- Avail of exemption schemes
- Statutory support such as reservation
- Less Interest on delayed payment
- Exemption of tax under direct tax laws
- Also helps in getting government tenders
- Easily claim the overdraft facilities
- Possible to get 50% subsidy on the registration of the trademark
- Also able to get various Industrial promotions subsidies
SSI/MSME Registration Process
- For Udyam registration you are required to visit the official website.
- You will be redirected to homepage then click on the ‘For new entrepreneurs who are not registered yet as MSME’.
- Then you will be required to fill Aadhar card number and the name of the entrepreneur and then click validate and generate OTP.
- Once the Aadhar validated then proceed to PAN verification page and enter the organisation name and validate.
- After that, the application form of MSME open on your screen, Fill all the details such as employees details, Plant and machinery, ITR, GST etc.
- Now, submit your registration form of Udyam by entering the mobile number and received OTP.
- Finally, you will get the Udyam E-registration certificate on your registered Email or you can print it by validation the Udyam Number.
Documents Required for the Registration Process for UDYAM/SSI
- PAN card of the Entrepreneur.
- Aadhar Card of the Entrepreneur
Proprietorship | Proprietor |
Partnership Firm | Managing Partner |
HUF | Karta |
Company, Co-operative Society or any trust, Any other entity | Authorised Signatory |
- Registered Email and mobile number.
- GST certificate (if any)
Frequently Asked Questions
1. Are SSI and MSME registrations the same?
Yes, both of the registrations are the same, before MSME passed, all the small-scale industries whether manufacturing unit or service rendering services used to be granted SSI registration certificates. But after MSME Act in 2006, all the micro and small industries came under MSME.
2. What are the fees for SSI registration?
There is no requirement of any fees for SSI or MSME registration, it is done free of cost.
3. How to get SSI/MSME registration Certificate?
Your SSI or MSME registration certification can be done through CRSPL. Our business consultants offer all business-related services at pocket-friendly prices. Services include all kind of registrations, licenses, and compliances, contact now to get your MSME registration certificate.