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Micro small & medium enterprises

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(Querist)
26 February 2010 can u please tell me that to whom Micro, small & medium enterprise act 2006 applies.

Suppose i have a proprietory concern and doing trading in medical books and liable to audit. so this act will apply to me.
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A. Sankaranarayana

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A. Sankaranarayana (Expert)
26 February 2010 Dear Mr. Moiz,

MSME Act, 2006 is applicable for manufacturing Industry or Servicing Industry, not for Trading concern, as per my knowledge.
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