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    <description>Registration as an MSME confers protections against delayed payment-entitling suppliers to compound interest on unpaid invoices from the appointed date with monthly rests and requiring corporate disclosure of non payment-and provides time bound dispute resolution. It also enables collateral free finance and preferential lending, procurement advantages including earnest money waivers and price preference, reimbursement for ISO/patent/trademark costs, NSIC linked support, and reservation benefits for manufacturing enterprises.</description>
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