MSME Registration_Urgent

This query is : Resolved 

09 June 2020 Whether a trader can register itself under MSME Act - Udyog Aadhaar?
Will there be any legal implications if he register his Import Export business under service category.

09 June 2020 Yes a trader can register them self as traders under Msme and once the firm or company is registered then you can avail the benefits under msmed act 2006
Saurendra Rautray
Rautray & co
Advocate
www. Rautray.com
9437008355

10 June 2020 Sir, whether there can be any legal proceedings against us because i took registration under MSME even being a trader?


10 June 2020 Hi Pragati,
You have rightly taken the registration since traders are allowed to be registered under Msme under the service category. Rather you can take the benefit of the provision envisaged under the msmed act 2006

10 June 2020 Thank you so much sir

10 June 2020 Sir i found a Office Memorandum that traders are not reqd to go for MSME reg. Whether that is no valid anymore.

Dated: 27.06.2017: OFFICE MEMORANDUM by SME Section
Sub: Activities (NIC codes) not covered under MSMED Act, 2006 for registration of Udyog Aadhaar Memorandum(UAM)- regarding

10 June 2020 Kindly please send me the link. Any ways there would be no legal implication if you have got a registration.
Thanks

10 June 2020 Sir please find the link as discussed above:
https://udyogaadhaar.gov.in/Web/doc/Activities_NIC_CodesNotAllowed.PDF


10 June 2020 Hi,
I have gone through it. They have declassified the said activities as per the OM hence it shall not be applicable till further orders.
Thanks

10 June 2020 Sir if a trader intentionally registers itself under any service category for the benefits, then the DIC can take actions against it?



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