Ankit chaturvedi (CA in Practice) (241 Points)
29 May 2020
CA SANDESH MAHIPAL
(Practicing in GST and MSME )
(1985 Points)
Replied 29 May 2020
As a professional and specially working in field of MSME compliance, it is very nice question. Thanks for posting this question.
MSME registration is governed by MSMED Act, 2006. unfortunately, this act does not define the term Manufacturing.
As per MSMED Act, enterprise which is engaged in manufacture or production of goods pertaining to any industry specified in First Schedule to the Industries (Development and Regulation) Act, 1951 is eligible to register.
As per above, it can be inferred that industries mentioned in first schedule of IDRA, 1951 are eligible industries. And Sr. No. 27 of First Schedule, talks about Milk Foods.
So, concluding, if you are engaged in Mild Food manufacturing, you are eligible to register under MSMED Act, 2006.
Regards
(Feel free to ask more queries related to MSME in personal also)
Ankit chaturvedi
(CA in Practice)
(241 Points)
Replied 29 May 2020
CA SANDESH MAHIPAL
(Practicing in GST and MSME )
(1985 Points)
Replied 29 May 2020
Since you are engaged in manufacturing, you are eligible.
CAclubindia
