Turnover definition under MSME _High Prioritu

Dear all,

pls tell me the definition of turnover under MSME...?
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Quick Summary
This discussion clarifies the definition of turnover for Micro, Small, and Medium Enterprises (MSMEs) under Indian regulations. It outlines the specific investment and turnover thresholds that classify businesses into Micro (up to Rs 1 crore investment, Rs 5 crore turnover), Small (up to Rs 10 crore investment, Rs 50 crore turnover), and Medium (up to Rs 20 crore investment, Rs 100 crore turnover) categories. An additional note mentions a higher threshold for Medium enterprises (Rs 50 crore investment, Rs 250 crore turnover) and provides a link for further details on MSME registration.

Manufacturing and services enterprises with investments up to Rs 1 crore and turnover up to Rs 5 crore will be classified as MICRO ENTERPRISES

The investment criteriaRs 10 crore, with the turnover criteria of Rs 50 crore will be classified as SMALL ENTERPRISES

Investment up to Rs 20 crore and turnover up to Rs 100 crore will be termed MEDIUM ENTERPRISES.

For medium enterprises, Investment limit is Rs 50 crore and turnover limit is Rs 250 crore.

Read more about MSME registration: https://www.caclubindia.com/articles/msme-registration-udyog-aadhaar-41823.asp

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