The Registration of MSME Udyam without GST and PAN before 31-03-2021
Do you come under MSME as an industry? If yes! There are a bunch of advantages offered by the government that you must avail. Schemes under MSME help you in smooth operations of your micro, small, or medium enterprises with full monetary support from the government. But there is a vital modification under MSME that you must know about. And this is one of the most important updates for MSMEs in India.
The time from which the MSME registration has been introduced, government comes up with many changes that will streamline the process, and make it even easier for the enterprises to acquire the registration. So, if you want to know about that update, this article will help you know about the recent changes in the requirements.
There are no second thoughts that the MSME accreditation brings you many perks of registering as an MSME. The ministry of MSME under the supervision of government of India introduces many programs that assist the entrepreneur in India to enhance their business operation.
As per a recent report, around 11 lakh MSMEs have listed themselves as MSME after the introduction of the new online registration. Further, it includes 9.26 lakh registrations with PAN number, and 1.80 lakh registration with traditional UAM; and 1.73 lakh of registration as a women entrepreneur.
Now, it is evident that all these accreditation is done only by completing the Udyam at online registration. So, if you are also acquiring the certification, you must be well-versed by the latest updates announced by the government.
Details/documents required for MSMEs/Udyam re-registration to acquire the certificate
The details required for the MSME registration/Udyam re-registration includes the following documents.
• The name of the enterprises ‘owner and the Aadhar number as mentioned in Aadhar card
• Past MSME registration details of the organization
• The type under which your enterprise falls under
• Details about the current address of the owner
• NIC/national insurance classification code
• Total number of workers working in the company
• All the information on the activity carried out in your organization
• Contact details of the entrepreneur that includes Email ID, contact number, or any other contact detail
• PAN number of the entrepreneur
• Total expenses initiated by the entrepreneur to start the business
Further, the MSMEs in India does not fall under the GST. But as of now, there was a need for GST number while filing your online GST registration. However, you do not need a GST number to register as an MSME anymore.
This is because; as per new regulations, Indian government declares the registration of MSME doesn’t need any GST number from now on. So, if your business falls under the MSME category in India, you should miss any chance to register as an MSME before 31st March 2021.
You can now complete your MSME registration
process without any hassle. This is because; we help you register at the least time possible. Whether, it is about your 1st-time business registration, or you want to update your application, we will help you complete your MSME registration process without any trouble.
The registration process may seem to be simple, but it is time-consuming and needs accuracy. So, here wefollow the most advanced ways to help you in your registration as an MSME.
Important: Please note that the information on this page / site is provided as general information for better understanding for the user and does not constitute tax, legal, or other professional advice and must not be used as such. Please consult your professional adviser(s) if you have any questions / doubts regarding the above.