Tuesday, June 2, 2020

Criteria for Classification of Micro, Small and Medium Enterprises Modified


A micro enterprise, where the investment in Plant and Machinery or Equipment does not exceed one crore rupees and turnover does not exceed five crore rupees

A Small enterprise, where the investment in Plant and Machinery or Equipment does not exceed ten crore rupees and turnover does not exceed fifty crore rupees;

A Medium enterprise, where the investment in Plant and Machinery or Equipment does not exceed fifty crore rupees and turnover does not exceed two hundred and fifty crore rupees.

This notification shall come into effect from 01.07.2020

[F. No. 2/1(5)/2019-P&G/Policy (Pt.-IV)]  S.O. 1702(E)


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