MSME Registration_Urgent
This query is : Resolved
Quick Summary
09 June 2020
Whether a trader can register itself under MSME Act - Udyog Aadhaar?
Will there be any legal implications if he register his Import Export business under service category.
Will there be any legal implications if he register his Import Export business under service category.
09 June 2020
Yes a trader can register them self as traders under Msme and once the firm or company is registered then you can avail the benefits under msmed act 2006
Saurendra Rautray
Rautray & co
Advocate
www. Rautray.com
9437008355
Saurendra Rautray
Rautray & co
Advocate
www. Rautray.com
9437008355
10 June 2020
Sir, whether there can be any legal proceedings against us because i took registration under MSME even being a trader?
10 June 2020
Hi Pragati,
You have rightly taken the registration since traders are allowed to be registered under Msme under the service category. Rather you can take the benefit of the provision envisaged under the msmed act 2006
You have rightly taken the registration since traders are allowed to be registered under Msme under the service category. Rather you can take the benefit of the provision envisaged under the msmed act 2006
10 June 2020
Thank you so much sir
10 June 2020
Sir i found a Office Memorandum that traders are not reqd to go for MSME reg. Whether that is no valid anymore.
Dated: 27.06.2017: OFFICE MEMORANDUM by SME Section
Sub: Activities (NIC codes) not covered under MSMED Act, 2006 for registration of Udyog Aadhaar Memorandum(UAM)- regarding
Dated: 27.06.2017: OFFICE MEMORANDUM by SME Section
Sub: Activities (NIC codes) not covered under MSMED Act, 2006 for registration of Udyog Aadhaar Memorandum(UAM)- regarding
10 June 2020
Kindly please send me the link. Any ways there would be no legal implication if you have got a registration.
Thanks
Thanks
10 June 2020
Sir please find the link as discussed above:
https://udyogaadhaar.gov.in/Web/doc/Activities_NIC_CodesNotAllowed.PDF
https://udyogaadhaar.gov.in/Web/doc/Activities_NIC_CodesNotAllowed.PDF
10 June 2020
Hi,
I have gone through it. They have declassified the said activities as per the OM hence it shall not be applicable till further orders.
Thanks
I have gone through it. They have declassified the said activities as per the OM hence it shall not be applicable till further orders.
Thanks
10 June 2020
Sir if a trader intentionally registers itself under any service category for the benefits, then the DIC can take actions against it?
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