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TMI Blogwhat is SSIX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear sir Our company has established in 2006. and now we found we don't have SSI certificate. Our consultancy about EPCG told us to apply for SSI for renewing EPCG license. We are confused why we should apply for SSI after 5years since establishment. and what kind of benefit under SSI? (small scale industry) - Reply By MANDAVILLI RAMAKRISHNA - The Reply = As per RBI guide lines, bank ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s have to fund to SSI so as to encourage small and medium enterprises inthe back drop of the spirit of the Govt. to encourage self employment and also to give support and shelter for small and medium units. hence so as to get benefits viz., low rate of interest, priority credit etc., banks advise to go for SSI registration. If you do not opt SSI registration, banks will not bother, but you will ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... miss the advantages. So even though, you have started operations long back, now you can go for Permanent registration or provisional registration also by contacting local industries department. Normally permanent regstn is for the units who completed allthe purchases of machinery and set up their unit totyally provisional restn for those who want to go for further purchases of machinery. regar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ds ramakrishna visakhapatnam ph no. 9000016080 [email protected] - what is SSI - Query Started By: - yujin kim Dated:- 24-5-2012 Customs - Import - Export - Customs - SEZ - Got 1 Reply - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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