Micro, Small and Medium Enterprises are better known by the acronym MSME(MSME Registration in India). MSMEs are the backbone of the Indian economy. Silently operating in different areas across the country, more than 6 crore MSMEs have a crucial role to play in building a stronger and self-reliant India. These small economic engines have a huge impact on the country’s GDP.
Limits:
Classification | Micro | Small | Medium |
---|---|---|---|
Manufacturing Enterprise & Enterprise rendering Services | Investment in Plant and Machinery or Equipment: Not more than Rs. 1 Crore | Investment in Plant and Machinery or Equipment: Not more than Rs. 10 Crore | Investment in Plant and Machinery or Equipment: Not more than Rs. 50 Crore |
And Annual Turnover Not more than Rs. 5 Crore |
And Annual Turnover Not more than Rs. 50 Crore |
And Annual Turnover Not more than Rs. 250 Crore |
Who can Apply?
Following Entities can obtain MSME Registration in India:
Documents Required for Registration of MSME:
Compliances Related to MSME:
MSME Form 1 (For *Specified Companies)
Period of Return | Date of Filing |
---|---|
April to September | 31st October |
October to March | 30th April |
Benefits of MSME Registration in India: