MSME LATEST NEWS : Apply for Udyog Aadhaar/MSME Certificate & Get Benefits from Govt. of India
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May 14, 2020 - Thursday
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What Is Udyog Aadhar?
Udyog Aadhar is also known as Aadhar for Business. It is a unique 12 digit Government identification number issued by the Ministry of MSME for all small and medium enterprises and small scale industries. These business entities are registered through this process as MSME with their Aadhar Card Number.
Important documents and guideline required for register Online Udyog Aadhaar Form
Name of Owner– The applicant should fill his/her name strictly as mentioned on the Aadhaar Card issued by UIDAI.
Email ID : Fill the correct Mail ID of Applicant
Mobile No: Fill the correct Mobile Number of Applicant
Aadhar Number: Fill 12 digit Aadhaar number issued to the applicant in the appropriate field.
Gender– Select correct gender of business owner.
PAN Number – The Applicant have to enter PAN Number.
Name of Enterprise / Business: Fill the name of Business / Enterprise which will get printed on MSME Certificate.
Office Address: Please provide office address, if address other than plant location.
Main Business Activity of Enterprise: Select the Main Business activity from the given options.
SAMPLE CERTIFICATE
Benefits of Udyog Aadhaar Certificate
Easy to receive Bank Loans
It is easy to get bank loans when you are registered under the MSME Act.
50% discount on Trademark Registration
In case of company trademark registration, the Govt. fees is Rs. 9000/-. But one can reduce the fees 50% using Udyog Aadhar Certificate.
Easy to open current account
MSME Registration allows you to open current account easily.
Easy to get approvals, licenses and registration
The enterprises can easily get the approvals, licenses and registration once they acquire MSME certificate.
Recognition from the customer
Customer can recognize an enterprise easily if it is registered for Udyog Aadhar.
1% exemption on interest rate on overdraft
Udyog Aadhar certificate allows exemption for 1% deduction on the overdraft charges.
Concession on electricity bills
You will avail concession on electricity bills if you have MSME registration.
Recognized under Government of India:
Udyog Aadhar certificate is recognized by Govt. of India making it easy for the business to use one.
Exemption under Direct Tax Laws
One is eligible for the Industrial Promotion Subsidy Under MSME Act
Eligibility for Industrial Promotion Subsidy
One is eligible for Industrial Promotion Subsidy under MSME Act.
Protection against delayed payment
An enterprise can avail protection if payment is delayed from the buyer’s side and it can seek help under the arbitration and conciliation.
COVID-19
After COVID-19 to hold our economy PM modi will announce packages for MSME registed firms.