Large Scale Registration is legally known as a Industrial Entrepreneur Memorandum.
What is an IEM (Industrial Entrepreneur Memorandum)?
Industrial undertakings exempted from the requirements of Industrial Licensing under I (D&R) Act, 1951 are required to file information relating to setting up of industries is known as IEM (Industrial Entrepreneur Memorandum).
Confirmation for receipt of such information by this Department is known as ‘IEM Acknowledgement’. The Acknowledgement (Ack.) of the IEM which is given on the spot on prima facie evidence of not attracting the provisions of licensing, cannot, therefore, be construed as a clearance or approval to carry on an industrial activity contemplated in the IEM unless the provisions of statutes / regulations/notifications etc. issued by the Central or State Governments from time to time or any specific directions or Stay Orders issued by the Court/competent authority relevant to such an activity, are also fully complied with, or in no way contravened, as the case may be.
Application for EIM is filed online by filing details as per ‘Part A’ of IEM through portal G2B.
Mandatory Registration of IEM:
All industrial undertakings exempted from the requirements of industrial licensing under I (D&R) Act, 1951 and having an investment of Rs 10 Crore or above in the ‘manufacturing sector’ and Rs. 5 Crore or above in the ‘services sector’, including Existing Units, New undertaking (NU) and New Article (NA), are required to file an IEM, i.e. “Form IEM” in the prescribed format ‘Part A’.
