MSME registration
k s rana (Dy manager) (81 Points)
08 December 2019
Shubham Gupta
(Business Consultants)
(2077 Points)
Replied 09 December 2019
Micro, Small and Medium sized enterprises in both the manufacturing and service sector can obtain MSME Registration under the MSMED Act.
MSME are classified into two categories:
i. Manufacturing enterprise; and
ii. Service enterprise.
They are defined in term of investment in Plant and Machinery/ Equipment as below
MICRO | SMALL | MEDIUM | |
Manufacturing Enterprises | Rs 25,00,000 | Less than Rs 5,00,00,000 | Less than Rs 10,00,00,000 |
Service Enterprises | Less than Rs 10,00,000 | Less than Rs 2,00,00,000 | Less than Rs 5,00,00,000 |