hai Everyone,
Plz point out the differece between Small, Medium & Micro Enterprises!
1 Replies
CA Surajit Kashyapi
(Chartered Accountant)
(112 Points)
Replied 03 December 2008
Company need to identifying the suppliers, who would be covered under the Micro, Small and Medium Enterprises Development Act, 2006. In this process the Company has to give notice to its vendors/ suppliers to inform about whether any of them are registered under the said Act. And then it need to disclose that in final accounts. Generally this details should be in notes of accouts of the final account.
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