Small Scale & ancillary units (i.e. undertaking with investment in plant & machinery of less than Rs. 10 million) require registration with the Director of Industries of the concerned State Government. The SSI registration services offered by us provide our clients following benefits:
- Registration scheme has no statutory basis
- Units would normally get registered to avail some benefits/incentives/ support provided either by Central or State Govt
- The incentives offered by the Centre generally contain the following:
- Credit prescription (Priority sector lending)
- Differential rates of interest
- Excise exemption scheme
- Exemption under direct tax laws
- Statutory support like reservation & interest on delayed payments act
States/UTs have developed packages that are aimed at:
- Development of industrial estates
- Providing tax subsidies
- Power tariff subsidies
- Capital investment subsidies