Home » Business » Registration without PAN and GST upto 31.3.2021 as transitional arrangement

Registration without PAN and GST upto 31.3.2021 as transitional arrangement

New Delhi:7/11/20: New online system of MSME/Udyam Registration launched by Union MSME Ministry, w.e.f. 1st July 2020, has stood the test of Time & Technology as more than 11 lakh MSMEs have successfully registered themselves by now.

It may be stated that the Ministry of MSME had revised the definition of MSMEs and the process of registration w.e.f. 1st July 2020. It also launched a new portal for MSME/Udyam registration (https://udyamregistration.gov.in). Since then, the portal is working smoothly.  In a major first, this portal is seamlessly integrated with CBDT and GST networks as also with the GeM. It may be noted that through this integration, now MSME registration is a totally paperless exercise.

Ministry has instructed all of its Field Establishments such as MSME-Development Institutes, MSME Technology Centers, NSIC, KVIC, Coir Board to extend full support to entrepreneurs for Udyam Registration. Similarly, all District Magistrates and District Industries Centers have been requested to expedite registration by the MSMEs. Grievances of MSMEs relating to registration are being handled by CHAMPIONS’ platform through its network of Central Control Room and 68 State Control Rooms across the country.

As per the analysis of the registrations till October 31, 2020 (more than 10 Lakh), the trend and broad picture is as follows:-

• 3.72 lakh enterprises have registered under the Manufacturing category whereas 6.31 lakh enterprises under the Service sector.

• The share of Micro Enterprises is 93.17% whereas Small and Medium Enterprises are 5.62% and 1.21% respectively.

• 7.98 lakh enterprises are owned by Male whereas 1.73 lakh enterprises by Female entrepreneurs.

• 11,188 enterprises are owned by Divyangjan entrepreneurs.

• The Top 5 Industrial sectors of registrations are – Food Products, Textile, Apparel, Fabricated Metal Products and Machinery & pieces of equipment.

• 1,01,03,512 persons have been given employment by these registered units.

• 5 leading States for Udyam registrations are Maharashtra, Tamil Nadu, Rajasthan, Uttar Pradesh, and Gujarat.

• Registration without PAN is permitted up to 31.03.2021 as a transitional arrangement.

• Similarly, Registration without a GST number is also permitted up to 31.03.2021 as a transitional arrangement.

Enterprises that are not yet registered should register themselves to avail of the benefits of the Ministry of MSME and other Government agencies.  The registration is free of cost and should be done only on the Government portal showing .gov.in.

Entrepreneurs are again advised to be careful of fake and misleading agencies and websites/portals. For any assistance, entrepreneurs can contact nearby DICs or CHAMPIONS’ Control Rooms of the Ministry or can write on our portal https://champions.gov.in.

 

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

Leave a Reply

Your email address will not be published.

x

Check Also

CJI NV Ramana to arrive in Odisha on 2-day visit

Bhubaneswar, Sep 23: Chief Justice of India (CJI) NV Ramana will be on a 2-day visit to Odisha starting from Friday. During his visit, the CJI will offer prayer at ...