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MSME Registration for retailers

Vishal mookim   20 April 2021

Vishal mookim

 1 likes  16 points

| My Other Post
I am into wholesale and retail of electrical and industrial goods.
Is MSME registration mandatory for us in any case.
Ankit Neema

Ankit Neema   21 April 2021

Ankit Neema

 85 likes  1235 points

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In my View, no it's not mandatory
1 Like
debora M

debora M (BUSINESS DEVELOPMENT MANAGER)     21 April 2021

debora M
 39 likes  1091 points

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It is not mandatory for MSME registration

sukhwani keyur

sukhwani keyur   21 April 2021

sukhwani keyur

 40 likes  550 points

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It's not mandatory but it has various benefits such as:
1) Protection against delayed payment
2) Loans without collateral
3) Concession in bank overdraft interest rates., etc
For more details connect with us at taxclinictc @
CA Puja Sharma

CA Puja Sharma (Chartered Accountant)     21 April 2021

CA Puja Sharma
Chartered Accountant 
 30 likes  443 points

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No it is not mandatory. MSME registration is only recommendatory.

Further, technically traders are not eligible for MSME Reg 

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