Revised MSME classification with effect from 01.07.2020
Criteria: Investment and Annual Turnover
Investment not more than Rs. 1 Cr.
turnover not more than Rs 5 Cr.
Investment not more than Rs 10 Cr.
Turnover not more than Rs 50 Cr.
Investment not more than Rs 50 Cr.
Turnover not more than Rs 250 Cr.
As per the notification issued by the ministry of micro small-medium enterprises on 26 thJune 2020, all enterprises are required to register online and obtain ‘Udyam Registration Certificate’ for establishing their MSME status / classification.
Kindly ensure registration of your business enterprise in the Udyam portal for availing / claiming benefits extended by the Govt / RBI to MSME sector.
For more details and registration visit https://udyamregistration.gov.in. The process is very simple and free of charges.