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MSME / SSI Registratio,

Piece of classical by injected humour, or randomised words which don’t look even slightly believable.

Aristocrat Legal Solutions is one of the fastest growing MSME consulting conglomerates with a strong presence in the MSME Sector. We offer a bouquet of services across the MSME business and industry verticals and in the domestic and international markets in marketing Business representations. Small Scale and ancillary units (i.e. undertaking with investment in plant and machinery of less than Rs. 10 million) should seek registration with the Director of Industries of the concerned State Government. The main purpose of Registration is to maintain statistics and maintain a roll of such units for the purposes of providing incentives and support services. Benefits of MSME/SSI Registration All classes of enterprises, whether Proprietorship, Hindu undivided family, Association of persons, Co-operative society, Partnership firm, Company or Undertaking, by whatever name called can apply for the registration and get qualified for the benefits provided under the Act. The registration scheme has no statutory basis. Units would normally get registered to avail some benefits, incentives or support given either by the Central or State Govt. Benefits available under the MSMED Act Registration of Micro, Small and Medium (MSM) Enterprises under MSMED Act is a very powerful medium to enjoy the regime of incentives offered by the Centre generally contains the

Following:-

• Easy finance availability from Banks, without collateral requirement
• Protection against delay in payment from Buyers and right of interest on delayed payment
• Preference in procuring Government tenders
• Stamp duty and Octroi 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
• Credit prescription (Priority sector lending), differential rates of interest etc..
• Excise Exemption Scheme
• Exemption under Direct Tax Laws
• Stamp duty and Octroi benefits
• Statutory support such as reservation and the Interest on Delayed Payments Act
• Subsidy on ISO Certifications
• Subsidy on NSIC Performance and Credit ratings
• Participation in Govt Purchase registrations
• Registration with NSIC
• Counter Guarantee from Govt of India through CGSTI
• Waiver in Earnest Money (Security Deposit) in Govt tenders
• Stamp duty and Octroi benefits
• 15% weightage in Price Preference
• Reduction in rate of Interest from Banks (Subject to ratings)
• Free of Cost Govt tenders