Whether SSI and MSME is same or not?
If they not same what is difference between them?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(166435 Points)
Replied 27 April 2018
Yes same, but catagorized in accordance with the provision of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006
There are three slabs which are prescribed under MSME Act to define an enterprise:
| No. | Type of Enterprise | Manufacturing Enterprises (Investment in Plant and Machinery) |
Service Industry (Investment in equipment) |
| 1. | Micro | Does not exceed Rs. 25 Lakh | Does not exceed Rs. 10 Lakh |
| 2. | Small | Exceeds Rs. 25 Lakh but does not exceed Rs. 5 Crore | Exceeds Rs. 25 Lakh but does not exceed Rs. 2 Crore |
| 3. | Medium | Exceeds Rs. 5 Crore but does not exceed Rs. 10 Crore | Exceeds Rs. 2 Crore but does not exceed Rs. 5 Crore |
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(166435 Points)
Replied 27 April 2018
Most Welcome, Dear .....
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