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 https://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.