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Question
What is the turnover criteria for MSME?
What is the turnover criteria for MSME?
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Solution
The turnover criteria for MSME is as follows:
- Micro enterprises should have a turnover not exceeding 5 crore rupees.
- Small enterprises should have a turnover not exceeding 50 crore rupees.
- Medium enterprises should have a turnover not exceeding 250 crore rupees.
Also read:
- Role and Importance of Small Scale Industries
- Small Scale Industries
- Administrative Setup for Small Scale Agro and Rural Industries
- Large Scale Industries
Learn about more commerce questions and answers from different topics in business studies, economics and accountancy from our website.
The turnover criteria for MSME is as follows:
- Micro enterprises should have a turnover not exceeding 5 crore rupees.
- Small enterprises should have a turnover not exceeding 50 crore rupees.
- Medium enterprises should have a turnover not exceeding 250 crore rupees.
Also read:
- Role and Importance of Small Scale Industries
- Small Scale Industries
- Administrative Setup for Small Scale Agro and Rural Industries
- Large Scale Industries
Learn about more commerce questions and answers from different topics in business studies, economics and accountancy from our website.
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