The Importance of Fssai Registration and Msme Registration

Blog Introduction: Applying for a food license or MSME registration can be time-consuming and confusing. It’s important to understand why these registrations are required, and what the benefits are for your business. Let’s take a look at the fssai registration and msme registration process, and why they’re so important for businesses in India.

Fssai Registration:

The FSSAI is responsible for formulating regulations to lay down standards for articles of food and to regulate their manufacture, storage, distribution, sale, and import. Any business that is involved in the manufacture, storage, distribution, sale, or import of food products must obtain an FSSAI license. The type of license required will depend on the nature and scale of the food business.

Types of Fssai Registration

Basic Registration: Basic registration with FSSAI is mandatory for all food businesses with an annual turnover of less than Rs. 12 lakhs.

State License: A state license is required for food businesses with an annual turnover of more than Rs. 12 lakhs but less than Rs. 20 crore.

Central License: A central license is required for food businesses with an annual turnover of more than Rs. 20 crores.

Msme Registration:

MSME stands for Micro, Small and Medium Enterprises. The MSMED Act classifies enterprises into two categories: manufacturing enterprises and service enterprises. Manufacturing enterprises are those that engage in the production of goods; service enterprises are those that provide services. To be classified as a micro enterprise, the manufacturing enterprise must have a investment in plant & machinery not exceeding Rs 25 lakh; for a small enterprise, it must have an investment between Rs 25 lakh – 5 crore; and for a medium enterprise, it must have an investment between Rs 5 – 10 crore.

Online Registration is now available!

The MSME registration can be done online on the MSME registration portal. To register on the portal, you will need to provide your company name, PAN number, address proof, turnover details, etc. After providing all the required information on the portal, you will be issued an MSME certificate.

The MSME registration is beneficial for availing various government schemes such as loan schemes, subsidy schemes, marketing assistance schemes, etc. In addition, it also helps in getting tenders from government departments and public sector undertakings (PSUs).

Conclusion:

Fssai registration and msme registration are both important for businesses in India. Fssai registration is necessary for any business that manufactures, stores, distributes, sells, or imports food products. Msme registration is necessary for any business that wants to avail of the benefits offered by the MSMED Act. These benefits include access to credit at preferential rates, relaxation in tendering norms, exemption from taxes and duties, etc.

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