MSME confusion

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A manufacturer with ₹12 crore in plant & machinery investment and ₹245 crore turnover is seeking clarification on whether they fall into the medium or large MSME category. Based on the criteria, exceeding the ₹100 crore turnover limit for medium enterprises places them in the large category. Further questions arise regarding scenarios where investment falls under one category and turnover under another, highlighting ongoing confusion in MSME classification.

Rakesh Sharma

Rakesh Sharma (Querist)
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30 May 2020 Dear Experts,

We are manufacturer, our investment in Plant & Machinery is around 12 Cr.
But our Turnover in last year 2019-20 was 245 Cr. We are in confusion that
in which category we will fall? Either medium or large? Someone says "Medium"
and someone says "Large".

Please suggest to help me.

Rakesh Sharma

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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30 May 2020 For MEDIUM , the condition is Investment < 20 cr AND Turnover < 100 cr. Here, turnover exceeded the limit. Hence, the classification is LARGE.

Rakesh Sharma

Rakesh Sharma (Querist)
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31 May 2020 Thanks a lot for your valuable reply Sir.

But Sir, there is also a confusion that if Investment is 4.9 Cr. (condition for small)
and Turnover is 90 Cr.(condition for Medium), then what will be our Category?

I humble request you to kindly suggest.

Rakesh Sharma

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