Benefits of MSME/SSI Registration

The registration scheme has no statutory basis. Units would normally get registered to avail some benefits, incentives or support given either by the Central or State Govt. Benefits available under the MSMED Act Registration of Micro, Small and Medium (MSM) Enterprises under MSMED Act is a very powerful medium to enjoy the regime of incentives offered by the Centre generally contains the following MSME Registration Online:

Micro and Small Enterprises:

  1. Easy finance availability from Banks, without collateral requirement
  2. Protection against delay in payment from Buyers and right of interest on delayed payment
  3. Preference in procuring Government tenders,
  4. Stamp duty and Octroi benefits,
  5. Concession in electricity bills
  6. Reservation policies to manufacturing / production sector enterprises
  7. Time-bound resolution of disputes with Buyers through conciliation and arbitration
  8. Reimbursement of ISO Certification Expenses
  9. Credit prescription (Priority sector lending), differential rates of interest etc.
  10. Excise Exemption Scheme
  11. Exemption under Direct Tax Laws.
  12. Stamp duty and Octroi benefits,
  13. Statutory support such as reservation and the Interest on Delayed Payments Act.
  14. Subsidy on ISO Certifications
  15. Subsidy on NSIC Preformance and Credit ratings
  16. Participation in Govt Purchase registrations
  17. Regsiattion with NSIC
  18. Counter Guarantee from Govt of India through CGSTI
  19. Waiver in Earnest Money (Security Deposit ) in Govt tenders
  20. Stamp duty and Octroi benefits,
  21. 15% weightage in price Preference.
  22. Reduction in rate of Interest from banks (Subject to ratings)
  23. Free of Cost Govt tenders

(It is to be noted that the Banking Laws, Excise Law and the Direct Taxes Law have incorporated the word SSI in their exemption notifications. Though in many cases they may define it differently. However, generally the registration certificate issued by the registering authority is seen as proof of being SSI). Learnerships –  Learnerships, Internships, Bursaries jobs in South africa and Jobs vaccancy in Southern Africa. Relevant Internship programmes are available as advertised by both the public and the private sector. Visit :

States/UTs have their own package of facilities and incentives for small scale. They relate to development of industrial estates, tax subsidies, power tariff subsidies, capital investment subsidies and other support. Both the Centre and the State, whether under law or otherwise, target their incentives and support packages generally to units registered with them.

Medium Enterprises:

  1. Easy finance availability from Banks, without collateral requirement
  2. Preference in procuring Government tenders
  3. Reservation policies to manufacturing / production sector enterprises
  4. Time-bound resolution of disputes with Buyers through conciliation and arbitration

The Buyers have to ensure whether those suppliers of goods and services are under the purview of MSMED Act i.e. the Buyers have to confirm the registration of the suppliers under the MSMED Act.

The Buyer should ensure the payment before the end of credit period decided else the interest would be payable.

In case of disputes, application to Micro and Small Enterprises Facilitation Council (MSEFC) would trigger the conciliation and arbitration process. Once the application is done under MSEFC, there is no provision to withdraw the proceedings. Therefore, the Buyer should ensure the best ways to resolve the disputes, if any, instead approaching to MSEFC in the initial stages of dispute.

The Buyers need to ensure that the Buyer does not owe any outstanding amount including interest due to MSM Enterprises for more than 15 days. Otherwise, the Buyer needs to disclose this non-payment in the Annual Financials of the Buyer.

Brisbane Lawyers Assistance To Finalise Your Family Dispute

Brisbane Lawyers Assistance To Finalise Your Family Dispute

Lawyers are needed not only for the dealing of any criminal activity but they show potential responsibility in family issues also. But there is one thing that should be considered, every lawyer has his own grounds of working and you have to go with the relevant one as per dependence of your issue whether is relevant to crime or family matters. And if you have any family legal difference of opinion and you are seeking help to resolve it then you are already in the right direction as New Way Brisbane Family Lawyers can definitely be of assistance for all your family disputes. Continue Reading

printed swim caps

How To Choose The Right Printed Swim Cap Material

When talking about printed swim caps, there could be a whole bunch of options to choose from. If you are wondering if the extra cost for your silicone caps is worth the expense, or which one actually works in keeping your hair dry, or just the right swim cap to buy, then this run-down of facts might greatly help you.

Here are some facts and some considerations that you need to bear in mind when choosing the right swim cap for you.


Swim caps vary in material, but the most popular among them are those that are made of silicone and latex. Those latex caps are very thin and inexpensive while silicone caps are a lot thicker, expensive but long-lasting. There are swimmers who like to use old-school spandex caps but those who join Olympic Games most likely use those molded silicone caps that are wrinkle-free. However, just to make it clear, no matter what material you use, there is no swim cap that can make your hair completely dry.

Tips on How To Choose The Right Swim Cap Material

Consider these things that will help you in deciding the kind of printed swim cap that will best suit your needs.

  1. Swimming Frequency

A more durable swim cap will most likely fit those who like to swim every day. But if you are an infrequent swimmer, you probably want to have a swim cap that can survive a long and lonely week or four inside the bottom of your swim bag. Either way, swim caps made from silicone can be your best option.

Why? Silicone caps are stretch-resistant and are durable for daily use. For infrequent swimmers, this type of swim cap is more than forgiving if you just let it sit in your swim bag for weeks. As with latex caps, they tend to become sticky and plastic-ey when left for a long period of time. As with durability, silicone caps still offers the best shot.

  1. Water Temperature

If you are swimming in a pool with a water temperature that is more than 81 degrees, then you should think twice about purchasing silicone caps. This is because the extra thickness of this swim cap offers warmth. On the other hand, latex caps which are thinner will keep you from the heat compared to silicone caps.

But if your pool is warmer than 80 degrees F, then you most likely need a warmer cap which is made from silicone.

  1. Workout Frequency

Water temperature is not the only thing to consider. Just imagine yourself swimming in a pool with a temperature rising to 80 degrees F and you are wearing a silicone swim cap. You will surely feel toasty and uncomfortable. So, if you spend more time on the swimming pool, you need to use a latex cap. But if you are swimming less, then the warm given by silicone caps is what you will need.

 Choose The Best For You

Since you’ve already known the positive and negative sides of latex and silicone caps, you now have a better understanding of the right printed swim cap to use.