2020 MSME Criteria · Manufacturing & Services · Benefits Listed

MSME Eligibility Checker

Check if your business qualifies as Micro, Small, or Medium enterprise under the revised 2020 MSME definition. See all benefits instantly.

Business Details

Business Type

Post-2020: Same criteria for manufacturing and service sectors

Investment in Plant & Machinery / Equipment (₹ Crores)

Original cost — not WDV. Include all plant, machinery, tools, equipment.

Annual Turnover (₹ Crores)

Last financial year's total revenue from all sources.

Result

          Enter investment and turnover values to check eligibility.
        

2020 MSME Classification (Revised Criteria)

Both conditions must be satisfied. If either threshold is exceeded, the higher category applies.

Benefits of MSME Registration (Udyam)

Collateral-free loans under CGTMSE scheme. Priority sector lending from banks at lower interest rates.

25% reservation in Central Govt procurement. Exemption from EMD (Earnest Money Deposit) for tenders.

Buyers must pay within 45 days. Default = 3× bank rate compounded interest (Section 16, MSMED Act).

50% subsidy on patent registration fees. Reimbursement of ISO certification charges.

15% capital subsidy on loans for technology upgradation (CLCSS scheme).

Composition scheme available. Quarterly return filing. Exemption from certain compliances.

Deduction under Section 80IC (NE India) and 80IB. Cheaper cost of credit via TReDS platform.

Export credit at concessional rates. State govt subsidies for electricity, land, and industrial setup.

◆ MSME / UDYAM REGISTRATION

Get your Udyam Registration Certificate online. Lifetime valid, free government registration. Expert assistance.