wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

How would you differentiate between an ancillary and a tiny unit?

Open in App
Solution

The differences between an ancillary unit and a tiny unit are

Basis of Ancillary UnitTiny UnitDistrinctionMeaningAn ancillary unit isA tiny unit is thethe unit whichbusiness enterprisessupplies not less than 50%plant and machineryproduction to theis not more than Rs 25parent unit.lakhs.InvestmentInvestment limit inInvestment limit is RsLimitsuch unit is Rs 1 crore.25 lakhs in this type of unit.Assistance Parent unit assistsNo such assistance isof Parentthe ancillary unit bythere.Unitproviding technicaland financial help.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Data and Its Classifications
STATISTICS
Watch in App
Join BYJU'S Learning Program
CrossIcon