S W A RI TA DV IS O RS .
MSME REGISTRATION How to Register MSME in India
Overview The Micro, Small and Medium Enterprises (MSME) are considered essential for our Indian Economy as this sector not only acts as a job creator for our youth but also plays a crucial role in the Industrialization of the Rural and Backward areas. An MSME Registration is obtained as per the MSMED Act. However, obtaining registration is not at all mandatory, but it shall be taken into consideration that the businesses or entity with MSME Registration are eligible to avail the benefits and schemes made by the Government.
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Examples of such benefits are exemption from the Direct Tax, Private -Sector lending , exemption from Excise Duties , power tariff subsidies , capital investment subsidies . Some of the prominent and well-known MSMEs in India are DFM Foods , Ankur Scientific Energy Technologies , Molecular Connections , SL Packaging , Chem Process System , Mynd Solutions , etc.
Service Enterprise This Industry is mainly
Manufacturing Enterprise
engaged in providing
This Industry is engaged in
services to other industries.
manufacturing activities.
As per the MSMED Act, 2006, MSMEs and SSIs were enacted to strengthen and boost the SmallScale sector in India. Earlier, both Service and Manufacturing were considered distinct and separate from each other, having different amount prescribed for the Investment Required .
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Who we are and what we do However, as per the latest amendment made in the definition of MSME by the Ministry of Finance, the difference between the manufacturing and service sectors has been eliminated, Investment Limits have been Revised, and a Turnover Criteria has been introduced. This amendment was announced by our Finance Minister , Mrs. Nirmala Sitharaman, on 13 May 2020.
Company Profile
Type of Investment
Manufacturing and Service Sector
In Plant and Machinery
Investment Amount
Turnover Amount
Less than Rs 1 Crore
Less than Rs 5 Crore
MICROENTERPRISE
Type of Industries
Type of Investment
Manufacturing and Service Sector
In Plant and Machinery
Investment Amount
Turnover Amount
Rs 1 Crore to Rs 10 Crore
Rs 5 Crore to Rs 50 Crore
SMALLENTERPRISES
Type of Industries
Type of Investment
Manufacturing and Service Sector
In Plant and Machinery
Investment Amount
Turnover Amount
Rs 10 Crore to Rs 20 Crore
Rs 50 Crore to Rs 100 Crore
MEDIUM ENTERPRISES
Type of Industries
Eligibility Criteria for Udyog Aadhaar MSME Registration
Eligibility Criteria To bec ome el i gi bl e for ob tai ni n g MSME R egi s tr ati on , the owner is r equi r ed to inv es t less than Rs 20 Crores and must have a tur nov er of less than Rs 100 Crore ( as per the a me n dm e nt made on 13 May 2020 ) in plant and mac hi ner y either for a M a n u f a c t u r i n g or Ser v ic e Sec tor . If , at any point in time , these ind us t r i es exceed the investment l imit , then they are r equir ed to s ur r en d er or cancel their MSME R eg i st r a t i o n pr ovided under the MSMED Act .
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PROCEDURE OF ONLINE UDYOG AADHAAR MSME REGISTRATION
APPROVAL FI LL THE MSME FOR M
P R E P A R E ALL
F I L I N G THE
OF
THE
MSME
APPLICATION
REQUIRED
APPLICATION
AND THE
DOCUMENTS
I S S U A N C E OF CERTIFICATE
Contact Us
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EM A IL ho@swaritadvisors.com