Create Your Udyog Aadhaar

Core Benefits of Udyog Aadhaar

• Excise exemption
• The exemption under the direct tax laws
• 50% reduction in fee for filing patents and trademarks
• Credit guarantee scheme
• Protection from delayed payments
• Loans without guarantee, low-interest rates on loan
• Financial support for participating in foreign business exposure from the Government of India.
• Subsidies provided to increase the company's revenue
• Concession in electricity bills
• The exemption provided when applying for government tenders
• Octroi benefits

More In Depth Benefits of Udyog Aadhaar

There are a numerous benefits of registering and getting a Udyog Aadhaar for your business.

Given below, is a list of benefits derived from the various schemes offered by the Ministry of MSME for the Protection, Growth and Development of the small enterprises. The same benefits can also be availed by the Udyog Aadhaar holders and prove to be very advantageous for them.

The benefits are as follows:-

1. Protection against delay in payment.
2. Fast resolution of disputes
3. Collateral Free loans from bank
4. Exclusive consideration for participating in international trade fair
5. Octroi benefits
6. Waiver of Stamp duty and Registration fees
7. Several Exemption under Direct Tax Laws
8. Barcode registration subsidy
9. Subsidy on NSIC Performance and Credit ratings
10. Counter Guarantee from GoI through CGSTI
11. Reduced rate of interest from banks
12. 15% subsidy under CLCSS scheme for technology upgradation
13. Exemptions while applying for Government tenders
14. Concession in Electricity Bills
15. Reimbursement of payment made for obtaining ISO certification
16. 1% exemption in interest on OD
17. Increasing eligible loan limit for optimal reasons, from the amount of Rs. 25 lakh to Rs. 50 lakh
18. Raising the extent of guarantee cover from 75 % to 80 %
19. Reservation of products for exclusive manufacturing by MSME/SSI
20. Easier registration and approvals to obtain Licenses
21. Eligible for IPS subsidy
22. Preference in allocation of Government tenders
23. Excise Exemption Scheme
24. Reduced rate of interest from banks
25. 50% subsidy for patent registration

Above mentioned are some of the benefits that a Udyog Aadhaar holder can enjoy. Apart from these as and when there are new schemes introduced, the same benefits can also be enjoyed by the Udyog Aadhaar holder.