UDYAM REGISTRATION - NEW MSME
UDYAM
REGISTRAION
Government of India launched new system of MSME registration
linking with Income tax and GST registration
Benefits of MSME registration:-
·
Get loans processed without collateral
·
Overdraft facility along with Interest rate exemption
·
Protection against delayed payments
·
Subsidy on Patent registration & Industrial
promotion
·
ISO certification charges reimbursement
·
Helps in getting government tenders
·
Concession on commercial EB charges
·
Grievance redressal forum
Becoming MSME :-
Any person who intends to establish a Micro, Small or Medium
enterprise may file Udyam Registration online in the “ Udyam Registration
Portal” (yet to be notified), based on self-declaration with no requirement to
upload documents, papers, certificates or proof.
Registration of existing enterprises: -
All existing enterprises registered under SSI / MSME again have to register on the Udayam
registration portal.
All existing registration with MSME will be valid only up 31st
Mar 2021

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