DIC registration for company like Public limited, Private Limited, Limited Liability Partnership and proprietorship firms can register. This is also known as MSME registration.
Company has to be registed with DIC to get benefits from government and PSU units. DIC registration is most important for getting tenders, subsidies, loans, Startups, etc.
DIC registration for companies located in India all-district and cities can get registered with MSME. DIC is a department and MSME is an Act. MSME stands for Micro Small Medium Enterprise.
District Industries center is providing registration for MSME units to those who are manufacturers or service providers located in India.
Traders located in each state and district and city located in India has to be registered with DIC.
As per company documents are required like Aadhar card, Pancard, Bank account cheque, GST no. Import-export code number, Latest electricity bill, etc.
After getting registered as a manufacturing unit you can get Mudra Loans, CGTMSE loans, Term Loans, Machinery Loans, also can get subsidies on loans, stamp duty exemption as per areas.
The government is interested in promoting micro and small manufacturing unit whose investment should be from 0 to 25 lacs in plant and machinery.
Government tender participation.
This certificate is required to avail of benefits from the Micro Small Medium Enterprise Ministry. for subsidies, reimbursement of expenses, Trade benefits, Import export supports.
You can avail government tenders and Public Sector Unit tenders also.
Those who are Indian citizens and availing Aadhar card and pancard are eligible along with more than 18 years old.
Manufacturer and Service providers are eligible to get MSME registration Certificate.
Service Contractors, civil contractors, labor contractors, manufacturing units, service providing units are eligible to get the MSME certificate as per the MSMED Act 2006.
Registration under the MSMED Act, 2006
The President under Notification dated 9th May 2007 has amended the Government of India (Allocation of Business) Rules, 1961. Pursuant to this amendment, Ministry of Agro and Rural Industries (Krishi Evam Gramin Udyog Mantralaya) and Ministry of Small Scale Industries (Laghu Udyog Mantralaya) have been merged into a single Ministry, namely, “MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES (SUKSHMA LAGHU AUR MADHYAM UDYAM MANTRALAYA)”
Micro, Small & Medium Enterprises – The Engine of inclusive growth & development
The registration under Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 is for facilitating the promotion and development and enhancing the competitiveness of Micro, Small and Medium enterprises.
The following slabs have been prescribed under the MSMED Act to determine the status of the Enterprise:
|No.||Type of Enterprise||Manufacturing Industry
(Investment in Plant and Machinery)
(Investment in Equipment)
|1||Micro||It does not exceed Rs. 25 Lakh||It does not exceed Rs. 10 Lakh|
|2||Small||Exceeds Rs. 25 Lakh but does not exceed Rs. 5 Crore||Exceeds Rs. 10 Lakh but does not exceed Rs. 2 Crore|
|3||Medium||Exceeds Rs. 5 Crore but does not exceed Rs. 10 Crore||Exceeds Rs. 2 Crore but does not exceed Rs. 5 Crore|
Provisional Registration: Provisional registration is granted to a unit at its pre-investment period to enable it to take necessary steps to apply for financial credit, land or an industrial set, water, power or telephone connections, etc.
Permanent / Final Registration: A provisionally registered industrial unit when it is about to go into production is to apply for the grant of Permanent / Final Registration. An existing and functioning industrial unit is eligible to apply for Permanent / Final Registration without going into provisional registration processes.
What is DIC registration
Dic registration stands for District Industries Center registration for those who are related to the industry.
DIC registration is required to get benefits in Tenders, Term Loans subsidies, Trademark subsidies, ISO subsidies, Export related benefits,etc.
DIC registration for traders is the most important registration for Industry those who are Micro Small Medium Enterprise. DIC registered company can get participation in Government and PSU sector tender.
DIC registration for companies Private Limited, LLP, Partnership, Trust has to be registered with DIC. DIC registration for a company is to avail subsidies and loans.