The Udyam registration is issued by the Indian government. The Udyam registration is mandatory for all entrepreneurs. The process of Udyam registration online is very simple and easy. To register the Udyam registration keep track of your application. If in case the Udyam registration is rejected, don’t panic. What to Do If Udyam Registration is Rejected. You can again apply for registration. And also, the rejection application has various reasons, such as incomplete information and ineligible business type. So, you can carefully enter the details in the application form.
The government initiative that provides a unique identification number to small businesses is based on their self-declared details, such as investment in plant and machinery or equipment, turnover, etc. The benefits of the Udyam Certificate are access to government schemes and subsidies, Easier access to loans and credit at lower interest rates, eligibility for MSME tenders, protection against delayed payments, and preference in government procurement policies.
Process of Udyam registration:
Step 1: Visit the official website of Udyam registration.
Step 2: Select the right option:
If you are newly registered entrepreneurs, select the new registration option.
Step 3: Enter the Aadhaar number.
If you enter the Aadhaar number after verifying the Aadhaar with OTP, the OTP will be sent to the Aadhaar-registered mobile number.
Step 4: Enter PAN details.
Step 5: Enter the business details, such as:
Name of the organisation.
Type of organisation (LLP, PVT, LTD, etc.).
Address of the firm.
Date of commencement.
Enter the bank details.
Number of employees working in your organisation.
Investment in plant/machinery
Turnover details.
Enter the NIC code. (Choose NIC code carefully.).
Step 6: Declaration & submit
Tick on the declaration check box.
After submitting the application.
Step 7: Get the Udyam registration certificate:
After submitting the application form, you will get the acknowledgement number.
If verified, your application, after you received the registered email address.
Note: The entire Udyam registration process enters the credentials carefully, and if your application is rejected, don’t panic. You can follow some tips and tricks.
What to Do If Udyam Registration is Rejected:
If your certificate is rejected, don’t worry; you too can follow the below-mentioned steps:
Identify the reason for rejection:
You check the rejection mail or message. In that message include the rejection reason, such as:
Incorrect Aadhaar or PAN details.
Mismatch in business information
Invalid NIC code or business activity type.
Already registered business.
Incomplete or wrong information entered.
Collect the correct information:
Before proceeding with any corrections, ensure you possess:
Update the Aadhaar and PAN details.
Updated business address and type.
Enter the correct NIC code.
Information about employees, turnover, and investment.
Update or reapply for the Udyam registration:
In the rejection process you have 2 ways, depending on the situation:
Option 1: Updated the existing application:
Visit the official website.
Select the “Update Udyam registration”.
Use your acknowledgement number or OTP to log in to the portal.
After correcting the erroneous data and submitting the application
Option 2: Reapply for a new application:
Open the Udyam registration portal.
After selecting the new entrepreneurs’ registration option.
Again, you enter all the credentials in the mentioned fields.
Validate correctness:
After entering all details, once you can again:
Spelling correction (business name and owner’s name).
Select the proper business type (Proprietorship, LLP, PVT, LTD, etc.).
Kindly have your Aadhaar linked with your PAN card.
Enter the proper bank details.
Await approval:
After submission of application, you will receive the acknowledgement number.
The verification process typically takes a few days.
After verification without queries, your application was approved and sent to the registered email ID.
You Can Apply for Udyam Re-Registration Through Udyam Portal
Conclusion:
If your Udyam registration certificate is rejected, you can follow the mentioned steps, and don’t panic; you can reapply for the Udyam registration certificate or resubmit the application for the Udyam registration certificate. The Udyam registration is a very important document for every entrepreneur. You can access the various MSME benefits through the Udyam registration. The process is also simple and easy. And the registration process, you can follow the careful steps; your application is successfully submitted, and you get the Udyam certificate.