NSIC Registration Online - Single Point Registration Scheme (SPRS)

by Kanika Sharma 5.49K

Introduction

NSIC stands for National Small Industries Corporation. NSIC is a Government of India undertaking under Ministry of Micro, Small and Medium Enterprises (MSME).

As the government is the single largest buyer of a variety of goods and in order to increase the share of purchases from the small scale sector, the government launched Stores Purchase Programme in 1955-56. NSIC registers Micro & Small Enterprises (MSEs) under Single Point Registration Scheme (SPRS) to allow these enterprises to participate in Government Purchase Programme.
 

What are the eligibility criteria for registration under this scheme?

All Micro and Small Entities which are:

What are the benefits of NSIC registration?

The units which are registered under SPRS of NSIC are eligible to get the following benefits:

What is the registration process?

For obtaining registration under this scheme, enterprise can either apply online (on www.nsicspronline.com) or can apply by submitting an application at one of the NSIC offices along with the requisite fees.

Once the application got submitted, the NSIC shall forward the application to zonal/branch or sub- branch office which is nearest to the applicant in order to complete technical inspection of the unit and forwarding of recommendation for NSIC registration. After receiving inspection report, NSIC shall grant registration certificate to the MSME unit.


What are the documents required for registration?

 

What is the validity period of registration?

The registration certificate granted to MSEs under SPRS shall be valid for 2 years. The renewal of registration certificate is required after every 2 years by verifying continuous Commercial and Technical Competence of the registered MSEs in manufacturing the stores for which registration was granted.

However, MSEs which are in existence for less than 1 year and have already commenced their commercial production. Then provisional registration certificate can be granted under SPRS to such enterprises with monitory limit of Rs 5 Lakhs which shall be valid for the period of 1 year.

We have a team of professionals who can assist you in solving your queries.  If you have any query then kindly post here or you can also drop your query at agam@hubco.in

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