What is NSIC Registration?
NSIC stands for National Small Industries Corporation, a Government of India enterprise established in 1955 to support and promote Micro, Small, and Medium enterprises (MSMEs). It is an ISO-9001:2015-certified PSU under the Ministry of MSME.
NSIC runs the Single Point Registration Scheme (SPRS), which allows qualified MSMEs to participate in government procurement. Through this registration, small businesses can access government tenders, financial support schemes, and marketing assistance.
Benefits of NSIC Registration
- Free Tender Sets: Registered units get tender documents free of cost.
- EMD Exemption: Exemption from paying Earnest Money Deposit (EMD).
- Price Preference: L1+15% price preference allows MSEs to supply up to 25% of the tender quantity if they match the L1 price.
- Reserved Procurement: Access to over 358 items exclusively reserved for purchase from MSEs.
- Consortia Tenders: Ability to form consortia to bid for larger tenders.
Eligibility Criteria for NSIC Registration
- MSME Status: Must have a valid Udyam Registration.
- Entity Type: Micro and Small Enterprises (MSEs). Medium enterprises are generally not eligible for SPRS benefits.
- Activity: Must be engaged in Manufacturing or Services. Traders are NOT eligible.
- Operational Status: Must be in operation for at least 1 year (for full registration). Startups < 1 year can apply for Provisional Registration.
- Compliance: Must have filed ITR and be compliant with other statutory norms.
Document Checklist
- Identity & Address: PAN Card, Udyam Registration Certificate, Premises Proof (Ownership/Lease).
- Financials: Audited Balance Sheet, P&L, and Schedules for the last 3 years (signed by CA).
- Operational: List of Plant & Machinery, Quality Control Equipment list.
- Banker's Report: As per NSIC proforma.
- Company Documents: MoA/AoA, Board Resolution (for Companies), Partnership Deed (for Partnerships).
- Declarations: Self-declaration accepting SPRS terms.
Registration Process: Step-by-Step
- Udyam Registration: Ensure you have a valid Udyam Registration Number.
- Online Application: Fill out the application on the NSIC SPRS portal.
- Document Upload: Upload all required scanned documents.
- Fee Payment: Pay the registration and inspection fees online.
- Technical Inspection: A third-party agency (like RITES) will inspect your unit to verify technical capability.
- Approval: Upon successful inspection and report submission, NSIC issues the SPRS Certificate.
Fees & Charges
Fees are based on turnover and enterprise category (Micro/Small):
- Registration Fee:
- Micro: ₹3,000 (up to ₹1 Cr turnover) + ₹1,500 per additional Cr.
- Small: ₹5,000 (up to ₹1 Cr turnover) + ₹2,000 per additional Cr.
- Cap: Max fee is ₹1 Lakh.
- Inspection Fee: Payable to the inspection agency (approx. ₹2,000 - ₹3,000).
- Professional Fee: NSIC service charge (approx. ₹6,000 - ₹8,000).
- Concessions: SC/ST owned units may get fee waivers/subsidies.
Note: Fees attract GST.
Other Schemes Under NSIC
- Raw Material Assistance (RMA): Credit support for raw material procurement (90-180 days).
- Marketing Assistance: Subsidies for participating in domestic and international exhibitions.
- Consortia & Tender Marketing: NSIC bids on behalf of MSEs.
- Credit Facilitation: Facilitating loans from banks.
Validity and Renewal
The NSIC SPRS Certificate is valid for 2 years. It must be renewed every 2 years to continue availing benefits. The renewal process involves:
- Online application for renewal.
- Submission of updated documents (financials, etc.).
- Payment of renewal fees (usually 50% of fresh registration fees).
- Technical inspection may be waived if there are no major changes.