SSI/MSEC Registration

SSI/MSEC Registration

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SSI/MSEC Registration

 

SSI/MSEC Registration or Small Scale Industry Registration is a registration from the Ministry of Micro, Small and Medium Enterprises. Once a business obtains SSI registration, the business becomes eligible for a number of schemes and subsidies promoted by the Government to boost small businesses in India.

Benefits of obtaining SSI Registration

# Priority sector lending in Banks.
# Reduction in bank loan interest rate.
# Excise exemption scheme.
# Exemption under direct tax laws.
# Statutory support such as reservation.
# Interest on Delayed Payments Act.

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