What is MSME?

MSME is Micro, Small and Medium Enterprise. MSME is enacted by The Government of India under (MSMED) Act, 2006. They are small size entities defined in terms of their investment. The  Micro, Small & Medium Enterprises (MSME) are classified in two Classes:

  • Manufacturing Enterprises: The manufacturing enterprises engaged in the manufacture of production of goods pertaining to any industry specified in the first schedule to the industries (Development and regulation) Act, 1951 or employing plant and machinery in the process of value addition to the final product having a distinct name or character or use. The Manufacturing Enterprise are defined in terms of investment in Plant & Machinery.
  • Service Enterprises: The enterprise engaged in providing or rendering of services and are defined in terms of investment in equipment.

What benefits you can get from MSME Registration?

MSME registration will give you bundle of benefits

 

  • You will get a rebate of Rs. 4500 per Trademark application for registration.
  • You can get easy loan from bank & other financial institutions.
  • State & Central government rebates and tax concessions can availed by you.
  • You can take the benefits of marketing assistance and export promotion schemes.

Who can apply for MSME Registration?

Following Firm / Company can apply for MSME Registration

  • Proprietorship Firm
  • Partnership Firm
  • Limited Liability Partnership Firm (LLP)
  • Pvt. Ltd. Company
  • Limited Company
  • HUF
  • Trust
  • Any other type of entities doing business for e.g. Society / Self Help Group/ Co-operative

Following is the criteria for MSME Registration

Enterprise Category

(Manufacturing & Service Sector)

Investment in Plant & Machinery or Equipment (Amount in Rupees)

Turnover

 (Amount in Rupees)

Micro Enterprises

Upto 1 Crore

Upto 5 Crores

Small Enterprises

Above 1 Crore – upto 10 Crores

Above 5 Crores – upto 50 Crores

Medium Enterprises

Above 10 Crores – upto 50 Crores

Above 50 Crores – upto  250 Crores

 

How can you obtain MSME Certificate?

  • MSME Certificate is generated on the basis of Aadhar Number.
  • It is required to link your mobile number with Aadhar Number to generate MSME Certificate.
  • If your mobile number is not linked with Aadhar, submit any approved Government ID Proof e.g. Pan Card, Passport.
  • We offer value-added support to our clients to get MSME certificate. We do not charge any fees for this service.
  • You are required to submit the Information Form with ALL DETAILS to process for MSME Certificate. The Form to be emailed to new@ipronline.com

©2019 Rah India Technologies Pvt. Ltd.
All Rights Reserved.

Intellectual Properties exemplified on this website are owned by their respective owners.

Terms of use | Privacy policy I Refund policy