Micro, Small and Medium Enterprises Development Act 2006

Save Share

This query is : Resolved

AVINASH KAMBLE (Querist)

13 November 2009 we are doing Outdoor Catering Service and Reastaurant Sale, Proprietory business

Our Investment in equpment does not exceed INR 10 Lacs

Weather the MSMED ACT IS applicable or Not

saurendra rautray

saurendra rautray (Expert)

12 April 2020 Dear Sir,
You surely can register your company or organisation under the MSMED Act being a service provider .

But to avail the benefit of the act the registration is a must.
Registration of an Micro /SSI Unit is a mandatory to avail the benefits of the MSMED Act 2006. In the erstwhile Interest on Delayed Payment act of 1993 it was DIC registration and in the new Act of 2006 it was EM II. The Ministry of MSME has notified about Udyog Aadhaar Memorandum (UAM) through the Gazette of India on 18.09.2015 as a part of the government's initiative to ease of registration of the MSMEs. The simplified one page registration form (Udyog Aadhaar Memorandum) was made after wide consultations with stateslUTs and other stakeholders. The UAM has been introduced and the same replaces the filing of Entrepreneur's Memorandum Part I&II.

Regards

Saurendra Rautray
Rautray & Co

www.rautray.com
9437008255

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now