Tag Archives: Micro Small and Medium Enterprises

REGISTRATION OF MICRO, SMALL AND MEDIUM ENTERPRISES


Government of India issued a comprehensive notification defining, classifying and registering, Micro, small and medium enterprises superseding four previous notifications including that of 1st June 2020. In this post, we will discuss the notification.

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MICRO, SMALL AND MEDIUM ENTERPRISES


Since long, we all are waiting for this change. Very few things accelerated due to the present crisis of COVID-19. A long-forgotten debate lost somewhere in history with Notification S.O. 1702(E) dated 1st June 2020 amending definition of Micro, Small and Medium Enterprises. This is not a change in the Act but a notification to give the effect a related provision. Let us discuss.

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