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MSME for photography

shivani (student) (210 Points)

19 May 2020

Is photography business is eligible for MSME Scheme???

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2 Replies

Harish choursiya (Student cs professional ) (249 Points)
Replied 19 May 2020

As per my understanding the benefit of the scheme only to manufacturing and service sector.

For further information you need to go through the msme Act, 2006 and other relevant provision.

Now the question arise whether photography is covered under msme or not.

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CA SANDESH MAHIPAL (Practicing in GST and MSME ) (1985 Points)
Replied 29 May 2020

MSMED Act, 2006 does not define the terms "Manufacture" or "Services". But when we see the definition of "Enterprise", it covers any enterprise which is engaged in manufacturing or production of any goods pertaining to any industry specified in first schedule to the Industries (Development and Regulation) Act, 1951 or engaged in providing or rendering any services.

Now, in your case, if you are providing only Photography Services, it will be covered under Service Category and you can register yourself.

But if you are engaged in industry activities (Sr. 20 of first schedule of IDRA, 1951) of Photographic Raw Film and Paper including Cinema Film, Photographic Ameteur Film or Photographic printing paper, then also you are doing manufacturing activity and eligible for register.

Regards

(Feel free to ask queries related to MSME in personal also)