Single Point Registration Scheme – Apply, Benefits, Eligibility, Registration Fees, Document 2022

single point registration scheme - How to Apply SPRS

In today’s post, we are going to tell you about the Benefits of Single Point Registration, Eligibility for Single Point Registration Scheme, How to Apply SPRS, SPRS Registration Fee, Documents for Registration under Single Point Registration Scheme.

What is Single Point Registration Scheme?

Friends, let us tell you that the registration of small scale industries and small scale industries is done by the National Small Industries Corporation (NSIC) under its single point registration scheme. So that the small scale industries registered by the government can buy products from small scale industries on the basis of the government procurement policy. Let us tell you that the only major buyer of many goods in India is the Government of India. The Store Shopping Program was established in the year 1955-56 to increase the share of goods produced by small scale industries in this purchase. In which it was made useful for small scale industries by making some amendments in the year 2012.

Benefits of Single Point Registration

  • Friends, the units to be registered under the Single Point Registration Scheme will be able to get the benefits as per the Public Procurement Policy 2012 for Micro and Small Enterprises.
  • There is a provision to get 20% share in the purchase even if the quotation given by small scale industries for participating in the tender is 15% more than the price of other big companies.
  • Exemption from payment of earnest money to small scale industries and small scale industries.
  • Issuance of cost free tenders.
  • From 1st April 2015, it is mandatory for Central Ministries/Departments and Public Sector Undertakings to comply with the Government Procurement Policy, which provides for 20% from ultra-small scale industries and small scale industries and units belonging to Scheduled Castes/Scheduled Tribes. has given.
  • Apart from this, 358 items have been reserved for purchase from small scale industries and small scale industries.

Eligibility for Single Point Registration Scheme:

  • Let us tell you that the director of small scale industries, small scale industries, is registered as a manufacturer / service provider in the District Industries Center. And they have acknowledgment of Entrepreneur Memorandum Part II. Such units are eligible for registration under the Single Point Registration Scheme.
  • Such small scale industries which have started their production, but now they are less than a year old. Such units may be issued a periodic certificate with a monetary value of ₹ 5 lakh with a validity of one year under the single point scheme.

How to Apply SPRS

Let us tell you that entrepreneurs associated with small scale industries can apply both online and offline to connect their enterprise with the single point registration scheme. So let’s know about both online and offline methods.

Online: Friends, to apply online, you have to visit the website of NSIC. After that you have to fill all the details asked in the form and attach the required documents and submit.

Offline: To apply offline you have to first download the application form from this link. After that fill your details in this form and submit the required fee receipt and other documents and submit it to the nearest branch office of NSIC.

SPRP Registration Fee

  • You must know that the registration fee will be decided as per the turnover in the latest audited balance sheet. Though friends, the charges for different industries are as follows.
  • Friends, if the turnover of a business is up to Rs 1 crore. So for that the single point registration scheme fee will be Rs 5000.
  • If the turnover of a business is more than 1 Crore, then an additional registration fee of Rs 5000 will be applicable on first 1 Crore and after that Rs 2000 per 1 Crore.
  • For information, let us tell you that service tax is not included in the registration fee, so service tax will be applicable separately.
  • If the entrepreneur makes any modification in the quantity or quality of the machinery, in this case 50% of the fee paid for changing the monetary limit in the certificate will be charged to you.
  • A fee of Rs 5000 has to be paid for issuance of eligibility certificate. Apart from this, inspection charge and tax will be extra charged.
  • SC/ST units will be given a subsidy of up to 20% in fees. But no subsidy of any kind will be given in the fees charged by the inspection agency.
  • The inspection fee has been fixed at Rs 6000 for small scale industries and Rs 8000 for small scale industries. Which will be taxed separately.

Procedure for calculation and determination of monetary limit of micro and small enterprises.

The determination and calculation of monetary limit of small scale industries depends on their sales turnover. Therefore, under the Single Point Registration Scheme, the financial limit is fixed on the basis of the turnover of the last three years.

In the last three years, the monetary limit is fixed according to the year in which there will be more turnover. Because the unit may have reduced its operating capacity or machinery in the previous year. If the unit has not made any shortfall in machinery and equipment, the monetary limit of the unit will be 50% of the highest turnover in the last three years. If the plant and machinery was deducted by the entrepreneur by more than 10%, then the monetary limit of that unit would be as follows.

If the turnover of the business is increasing every year, and the business is making good profits, then 50% of the previous year’s turnover will be its monetary limit.

If the business has gone into loss for one year in three years, then in this case 40% of the average turnover of three years will be its monetary limit.

Documents for registration under Single Point Registration Scheme

  • Copy of acknowledgment of Entrepreneur Memorandum Part-II.
  • List of manufactured goods and raw materials available in stock.
  • Self attested copy of the ownership or lease deed.
  • Copy of latest electricity bill.
  • Copy of BIS certificate, if applicable.
  • List of employees engaged in your business.
  • Copy of PAN card.
  • List of equipment and facilities used by quality control.
  • Entrepreneur Declaration, in which it is to be declared that he has no relation with any large sector industry. And if there is any relation, then its details have to be filled in that declaration.
  • A copy if the unit is registered with the Directorate General of Supply and Disposal Headquarters (DGS&D) or any other Government organization.
  • If applicable, details of the places where the services are being provided by the unit after the goods are sold.
  • Audited balance sheet containing profit and loss statement.
  • Statement of account for the last three years signed and stamped by the authorized person.

Document proof for firm position

To get registered under the Single Point Registration Scheme, different documents have to be shown or submitted for different businesses.

If the small scale industry is being run under a small scale industry partnership, then you will also need these documents.

  • Attorney General Power of Partners.
  • Form-A from the Registrar of Firms in the name of Partners.
  • Partnership Deed.

If it is a private limited company

Single Point Registration Scheme - How to Apply SPRS

  • Certificate of Incorporation duly attested.
  • The names, addresses and details of the directors’ shareholding.
  • Duly attested Memorandum and Articles of Association.
  • Board resolution ready for application and document signatory.

for co-operative societies

  • Certificate of registration of societies.
  • Copies of the rules of the Society.
  • Names, addresses and details of their shareholdings of the members.
  • Present Certificate of Society from Registrar of Societies.
  • Subscribe to authorized share capital and share capital details.
  • Society’s resolve to register under Government Procurement Policy.
  • Society’s resolution to the signatory to the application and documents.

Documents for renewal of registration

The following documents will be required while renewing the registration done under Single Point Registration Scheme.

  • Original copy of old certificate.
  • Copy of Entrepreneur Memorandum Part-II.
  • Details of orders received and completed from the government in two years on the letter head of the firm.
  • Audited Balance Sheet of the last three years.
  • Annexure ‘C’ of the application form signed by CA.
  • List of machinery added and removed in the plant after initial registration.
  • Annexure D signed by Micro Small Scale Industries, Small Scale Industries and
  • The unit whose monetary limit is more than 10 crores, and that unit has not been inspected by NSIC or agency, in this case renewal will not be done before inspection. And the inspection fee will be as follows.
  • The inspection fee for micro enterprises will be Rs 6000. This includes travel expenses and service tax.
  • Inspection fee for small scale industries will be Rs 8000. This includes travel expenses and service tax.

Also Read : Documents Required for MSME Loan

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