What is NSIC License?
NSIC (National Small Industries Corporation Limited) is a government undertaking that was established in 1955. NSIC is operating under Micro, Small, and Medium Enterprises (MSMEs). At present, NSIC is a reputed Mini Ratna Public Sector Undertaking (PSU) and also holds ISO 9001:2015 certification.
NSIC was established to promote & fosters the growth of MSMEs operating in India and to act as a mediator to aid Small Scale Industries. It provides unified support services in various fields that include technology, support service, finance, and marketing. It registers Micro & Small Enterprises under Single Point Registration Scheme for association in Government purchases.
Why this License is Required?
NSIC helps promote, aid and foster the growth of MSME businesses in India by operating various schemes like Single point Registration for Government Purchase, Marketing Support, Performance and Credit Rating Scheme for small industries and more.
Check out the NSIC Video
Who can get a NSIC License?
Manufacturer
Manufacturer cum Service Provider
Service Provider
Document Required for NSIC License
- Pan Card
- UAM / Udyam Registration
- Details of Plant &Machinery - Annexure ‘B’-1
- Copy of ownership document of the premises or copy of Lease deed/Rent Deed.
- List of quality control equipment and testing facility available in factory.
- Latest Electricity Bill Copy.
- • Face of Audited Balance Sheet,
- • Profit and Loss A/cs
- • Schedule of Fixed Assets
- • Schedule of Revenue from Operations (For the last 3 years, duly signed by the authorized person under his seal.)
- Statement showing the Results of Operation for the last 3 years duly signed by Charted Accountant by indicating UDIN . (Annexure ‘C’-1).
- Bankers’ Report giving details of financial status of the applicant firm as per Performa (Draft at Annexure ‘E’-1).
- Declaration signed by the applicant MSE Unit accepting conditions of registration as per Annexure D
- List of Directors & their Share Holding
- Memorandum of Article
- Board Resolution - Annexure-‘A’(2)
- Partnership Deed
- General Power of Attorney as per Annexure ‘A’(1)
- List of Members
- Copy of Registration of Registration of Society
- Resolution of Authorization
- Name of Executive Body
- Authorization of Karta
- Copy of incorporation document LLP Agreement (Form- 3)
- Copy of Form 4:- Names of partners and changes, if any, made therein
- Copy of Form 2 (It shows the location of the main or registered offices of the LLP, details of all the partners, statements etc)
- Copy of Form 8:- Statement of Account and Solvency – The Statement of Account & Solvency is in Form – 8 signed by the designated partners
- Copies of Form 11:- Annual Return
- GST Registration Certificate
Role of Shamkris and Process of NSIC License
Shamkris adopts a results-oriented approach to compliance with mandatory licence requirements in the organization. A simple and guidance methodology help organisation to achieve licence in a timely manner and cost-effective. Shamkris support 100% in advisory, Guidance, Compliance with respect to license requirements to obtain approval.
The License process described below:
- Advisory for the document required
- Preparation of documents as per application & list of documents.
- Application File
- Inspection by the department if required
- Liason department
- Yearly Compliance if Applicable
- Renewal when due
Who can issue the NSIC License?
FAQ
One of the key benefits of NSIC registration is that it enables the allotment of tenders totally free of cost to eligible MSMEs.