Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

MSME BENEFITS APPLICATION

Others 296 views 1 replies

pratik

accountant

68 Points Posted on 26 September 2021

We have taken loan for business purpose so we want take benefit in MSME(MICRO SMALL AND MEDIUM ENTERPRISE) So how can we apply for BENEFITS in MSME.So provide any solution or any web site so we can take benefits of same.

Replies (1)

Rama chary Rachakonda

Master in Accounts & high court Advocate

9615 Points Posted on 26 September 2021

Some of the other added benefits of getting your MSME registered under the provisions of these laws are summarised in the section below.

Bank Loans (Collateral Free) ...
Subsidy on Patent Registration. ...
Overdraft Interest Rate Exemption. ...
Industrial Promotion Subsidy Eligibility. ...
Protection against Payments (Delayed Payments)
MSME registration helps to acquire government tenders easily as Udyam Registration Portal is integrated with Government e-Marketplace and various other State Government portals which give easy access to their marketplace and e-tenders. There is a One Time Settlement Fee for non-paid amounts of MSME.