Benefits of Udyog Aadhaar Registration – Benefits of MSME Registration

One will find a huge number of points regarding the Benefits of Udyog Aadhar Registration in the wake of enrolling his/ her business and by acquiring Udyog Aadhar.

Moreover, the best thing about achieving Udyog Aadhar is that the procedure is very basic and notwithstanding that, one won’t need to deal with government work for getting Udyog Aadhar.

So, below is the list of benefits regarding the application of Udyog Aadhar.

Udyog Aadhaar is 12 digit number (UAM) to identify it as new small and medium enterprises.

Ministry of Micro, Small and Medium Enterprises (MSME) provides Udyog Aadhaar Memorandum (UAM).

Here are some of Benefits of Udyog Aadhaar Registration.

Benefits of Udyog Aadhaar Registration

International Affairs:

  • So, it is one part of the International business fairs

Bank mortgage:

  • People can easily enjoy bank mortgage

Direct Tax:

  • So, the Exemption beneath direct tax laws

Government Tenders

  • To Avail exception period while applying for the government tenders

Excise Exemption

  • Avail Excise Exemption Scheme

Reservation Advantages

  • The Reservation of products for limited manufacturing by MSME as well as SSI

Reimbursement:

  • The Reimbursement on the payment created for gaining the ISO certificate

Subsidies:

  • So, it can avail subsidy from NSIC and credit ratings. For this procedure, you have to eligible for IPS subsidy

Interest on OD:

  • Exemption of 1% interest on Overdraft

Concession In Electricity:

  • The business owner who chooses for Udyog Aadhar will get a permit on Electricity bills

Rate of Interest:

  • So, the Rate of interest from the banks will be decreased

Claim Charges:

  • Claim stamp duty as well as registration charges

Octroi Benefits:

  • So, the business owner will get the octroi benefits

Collateral Free Loans:

  • Also, you can utilize collateral-free loans from the bank

Protection:

  • So, all the business owners will receive protection across lag in the Payment.

Therefore, the above-mentioned list is the advantages of Udyog Aadhar Registration. We hope people got a piece of satisfying news about the Udyog Aadhar Registration procedure. Kindly check and bookmark the current page.

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