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UDYAM REGISTRATION

 

1.  The basis of classification into three category is the composite criteria of investment in Plant and Machinery or Equipment & Annual Turnover as per the table given below:

 

Classification

Micro

Small

Medium

Manufacturing Enterprises and Enterprises rendering services

*  Investment in Plant and Machinery or Equipment

     -upto Rs. 1 crore

*  Annual Turnover

     -upto Rs. 5 Crore

*  Investment in Plant and Machinery or Equipment

     -upto Rs. 10 crore

*  Annual Turnover

     -upto Rs.50 crore

*  Investment in Plant and Machinery or Equipment

     -upto Rs.50crore

*  Annual Turnover

     -upto Rs.250 crore

 

2.  Further, the Government has developed a system of facilitation for registration of Udyam process w.e.f. 1.7.2020 as given below in brief:

·  An enterprises for the purpose of this process will be known as Udyam and its Registration Process will be known as ‘Udyam Registration’.

·  MSME registration process is fully online, paperless without any need to upload any document and based on self-declaration.

·  A permanent registration number will be given after registration.

·  After completion of the process of registration, a certificate will be issued online with QR code.

·  The registration portal is www.udyamregistration.gov.in

·  Only Aadhaar Number will be enough for the registration.

·  PAN & GST linked details about investment and turnover of enterprises will be taken automatically from Government databases.

·  PAN & GST number is mandatory from 01/04/2021.

·  No enterprise shall file more than one Udyam registration. However, any number of activities including manufacturing or service or both may be specified or added in one Registration.

·  Our single window system at Champions Control Rooms at MSME-DIs and at DICs will act as a facilitator in the process.

·  Registration Process is totally free. No Costs or Fees are to be paid to anyone.