MSME stands for Micro, Small, and Medium Enterprises. It is categorized based on the turnover and Investment in Plant and Machinery. The entity has to generate MSME certificate registered with MSME department of the Central Government under MSME Development Act 2006.
Criteria for classification in MSME
|Manufacturing and Services||Investment < Rs. 1 Crore
Turnover < Rs. 5 Crores
|Investment < Rs. 10 Crores
Turnover < Rs. 50 Crores
|Investment < Rs. 20 Crores
Turnover < Rs. 100 Crores
Documents required for MSME Registration
AADHAR card of the Authorised signatory of the Applicant
PAN Card of the Authorised signatory of the Applicant
Detail regarding the Entity of the Applicant like Investment in Plant and Machinery.