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Msme registration

This query is : Resolved 

I own a floriculture unit, which is exempted from income tax, but however i would like to know whether the enterprise has to be registered under msme. the capital investment for an acre is around 50 lakhs { as per NHB guidelines}. what are the implications if i register or not.

It is not mandatory to register under MSME Act. It is optional.

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