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MSMED Act

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Querist : Anonymous

Querist : Anonymous (Querist)

10 August 2010 Whats the maximum limit as per MSMED Act to be invested in Plant and Machinery.

Urgent.....

Aditya Maheshwari

Aditya Maheshwari (Expert)

10 August 2010 Defined in terms of investment in plant and machinery (excluding land & buildings) and further classified into:
• Micro Enterprises - investment up to Rs.25 lakh.
• Small Enterprises - investment above Rs.25 lakh & up to Rs.5 crore.
• Medium Enterprises - investment above Rs.5 crore & up to Rs.10 crore.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

10 August 2010 But the i have given 50000 as the investment in registration form but its showing an error msg as Exceeds maximum limit

Kindly enlight on this issue.

Aditya Maheshwari

Aditya Maheshwari (Expert)

10 August 2010 I have answered according to the act and dont have any idea for application under the act and hence cannot comment.

Also check the form if it states amount in thousands or their like.

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