BIS Fee Concessions for MSMEs and Startups | EVTL India
The Bureau of Indian Standards (BIS) recently announced important amendments regarding fee concessions for various types of enterprises. This notification, aimed at supporting micro, small, and medium-sized businesses (MSMEs), as well as startups and women entrepreneurs, introduces enhanced fee reductions, making it easier for these businesses to comply with BIS standards. Here’s a breakdown of what you need to know.
Overview of the Notification
Under the recent changes to Scheme-X of the BIS Conformity Assessment Regulations, 2018, the BIS has introduced a tiered fee concession structure that benefits enterprises based on their size and type. These new concessions took effect immediately upon release and are set to last until May 31, 2026.
Key Concessions for Enterprises
The BIS has structured the concessions to support enterprises in different categories:
1.
General Concession for MSMEs
● All micro, small, and medium enterprises (MSMEs) are eligible for a 20% fee reduction.
2. Enhanced Concessions for Specific
Enterprises (Valid Until May 31, 2026)
● Micro Enterprises: Enjoy a significant 80% concession in fees compared to
those payable by large enterprises.
● Small Enterprises: Receive a 50% concession in fees compared to
large enterprises.
● Startups: Startups benefit from a
substantial 80% fee reduction,
similar to micro enterprises.
● Women Entrepreneur Enterprises: Women-led enterprises are eligible for an additional 10% discount on fees, applicable based on their business size (micro, small, or medium).
Summary of Fee Concessions by Enterprise Type
|
Enterprise Type |
Fee Concession |
|
MSMEs (Micro, Small, Medium) |
20% |
|
Micro Enterprises |
80% (compared to fees for large
enterprises) |
|
Small Enterprises |
50% (compared to fees for large
enterprises) |
|
Startups
|
80% (compared to fees for large
enterprises) |
|
Women Entrepreneurs |
Additional 10% (applicable to MSME scale) |
Why
This Matters
The fee concessions aim to promote quality standards compliance among smaller enterprises, especially those in early or growth stages, by lowering the financial burden. These discounts can help MSMEs and startups invest in obtaining BIS certification without the high upfront costs, supporting their growth and market competitiveness. Women entrepreneurs, in particular, receive extra support, which aligns with broader initiatives to encourage female-led businesses in India.
Conclusion
This new BIS notification is a welcome move for MSMEs, startups, and women-led enterprises, as it not only eases financial strain but also encourages these businesses to maintain high quality and safety standards. With the new concessions effective immediately, eligible enterprises should consider taking advantage of these reductions while planning their BIS certification process.
The enhanced concessions run through May
2026, so enterprises have ample time to benefit and strengthen their footing in
the Indian market.