Dear all,
pls tell me the definition of turnover under MSME...?
Manufacturing and services enterprises with investments up to Rs 1 crore and turnover up to Rs 5 crore will be classified as MICRO ENTERPRISES
The investment criteriaRs 10 crore, with the turnover criteria of Rs 50 crore will be classified as SMALL ENTERPRISES
Investment up to Rs 20 crore and turnover up to Rs 100 crore will be termed MEDIUM ENTERPRISES.
CAclubindia
