Benefits of Small Scale Industries Schemes

Benefits under the Small Scale Industries Schemes:-

Since the company is registered as a SSI, it avails the following benefits:-

 Cheap Bank Finance

 Under the government’s Focus Scheme, the company is funded by 50% for buying the machines.

 Duty Drawbacks

 Exempt from Sales Tax

 Exempt from Excise Duty

 Its even easier to get licenses and permissions

The company is registered under the Export promotion Council for Leather. The Export Promotion Council works as a guide for the company. It guides the company, in case the company has to get licenses from the DGFT (Director General of Foreign Trade).


It makes them aware if there are any changes in the drawback rates, labor laws, changes in certain procedures, exclusion of certain items during the manufacturing of shoes etc.