Home > GST > Registration Pricing > MSME Service PricingLast Updated: Feb 14th 2024
MSME Certificate Registration also known as Udyog Aadhaar Certificate. All Micro, Small and Medium-sized enterprises including those who come under latest startup act can register under the MSMED Act that provides them with a host of benefits & access to subsidies, & schemes of the Indian government.
Every Service comes with the benefits such as
A comprehensive list of frequently asked questions on Micro Small & Medium Enterprises.
MSME means Micro, Small and Medium Enterprises as per MSMED act. The definition varies between Goods and Services. The definition from the Goods perspective is
Per MSMED act, the definition from the Services perspective is
The following enterprises can register for MSME
The investment in plant & machinery is the original cost excluding land and building and the items specified by the Ministry of Small-Scale Industries.
The investment in plant & machinery is the original cost excluding land and building, furniture & fittings and other items not directly related to the service rendered.
Per the act there are no restrictions as such but should fit into the general Goods, Services, and Revenue definition.
Refer Udyog Aadhaar for MSME Registration and their benefits.
Also refer to Startup vs MSME: What's the difference ?
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.