Msme registration for builders

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This query is : Resolved

SIJU VARGHESE (Querist)

16 April 2019 Dear Sir,

Please see the below queries;

1. Can a Builder register as MSME?
2. Is there any turnover limit for MSME Registration?
3. Whether Motor Car and Office Equipments would quantify for Calculating Investment in Plant & Machinery?

Kindly reply

CA Idris M K

CA Idris M K (Expert)

16 April 2019 1. Yes, Builder can obtain registration under MSME, based on specific activities registration can be done as manufacturer 41-Construction of Buildings, 42-Civil Engineering or 43-Specialised Construction activity and as Service provider 68-Real estate activity

2. No. at present there is no turnover limit, limit are been specified of investment in Plant & machinery or in Equipment as applicable.

3. All assets used specifically for furtherance of business can be taken into consideration.

Message likes : 1 times

SIJU VARGHESE

SIJU VARGHESE (Querist)

17 April 2019 Thank you for the good reply sir

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