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The MSME (Micro, Small, Medium Enterprises) / SSI registration helps the small businesses with
lot of benefits. Few are listed below.
The Govt. of India and SIDBI has launched a The Government of India gives special
Credit Guarantee Scheme (CGSME) to make preference in buying from Micro and Small
available collateral-free credit to SMEs. businesses through Govt. tenders.
Enterprises that have MSME Registration can Enterprises that have MSME Registration
avail benefit of 1% exemption on interest rate Certificate can avail Concession on electricity
on over draft (OD). bill by making application to electricity
department.
Maximum period for payment for purchases MSME / SSI registered businesses enjoy
from MSME shall not exceed 45 days, in case of multiple income taxes and capital gains tax
delay, the buyer is liable to pay interest to the subsidies from the government.
SME supplier, at 3 times of the bank rate.
Enterprises that have MSME Certificate can Enterprises undergoing a dispute with regard to
avail 50% subsidy for patent & trademark payments may refer the dispute to the MSME
registration. Facilitation Council for conciliation &
arbitration.