MSME Part 2 (w.e.f.
July 1, 2020)
----- Contd. From Part
1
MINISTRY OF MICRO,
SMALL AND MEDIUM ENTERPRISES vide notification No. S.O. 2119(E) dated 26th
June 2020 notified certain criteria for classifying the enterprises as micro,
small and medium enterprises and specifies the form and procedure for filing
the memorandum (“Udyam Registration”), with effect from the 1st day of July,
2020……………
UPDATION OF
INFORMATION AND TRANSITION PERIOD IN CLASSIFICATION
(1) An enterprise
having Udyam Registration Number shall update its information online in the
Udyam Registration portal, including the details of the ITR and the GST Return
for the previous financial year and such other additional information as may be
required, on self-declaration basis.
(2) Failure to update
the relevant information within the period specified in the online Udyam
Registration portal will render the enterprise liable for suspension of its
status.
(3) Based on the
information furnished or gathered from Government’s sources including ITR or
GST return, the classification of the enterprise will be updated.
(4) In case of
graduation (from a lower to a higher category) or reverse-graduation (sliding
down to lower category) of an enterprise, a communication will be sent to the
enterprise about the change in the status.
(5) In case of an
upward change in terms of investment in plant and machinery or equipment or
turnover or both, and consequent re-classification, an enterprise will maintain
its prevailing status till expiry of one year from the close of the year of
registration.
(6) In case of
reverse-graduation of an enterprise, whether as a result of re-classification
or due to actual changes in investment in plant and machinery or equipment or
turnover or both, and whether the enterprise is registered under the Act or
not, the enterprise will continue in its present category till the closure of
the financial year and it will be given the benefit of the changed status only
with effect from 1st April of the financial year following the year in which
such change took place.
FACILITATION AND
GRIEVANCE REDRESSAL OF ENTERPRISES
(1) The Champions
Control Rooms functioning in various institutions and offices of the Ministry
of Micro, Small and Medium Enterprises including the Development Institutes
(MSME-DI) shall act as Single Window Systems for facilitating the registration
process and further handholding the micro, small and medium enterprises in all
possible manner.
(2) The District
Industries Centres (DICs) will also act as Single Window facilitation Systems
in their Districts.
(3) Any person who is
not able to file the Udyam Registration for any reason including for lack of
Aadhaar number, may approach any of the above Single Window Systems for Udyam
Registration purposes with his Aadhaar enrolment identity slip or copy of
Aadhaar enrolment request or bank photo pass book or voter identity card or
passport or driving licence and the Single Window Systems will facilitate the
process including getting an Aadhaar number and thereafter in the further
process of Udyam Registration.
(4) In case of any
discrepancy or complaint, the General Manager of the District Industries Centre
of the concerned District shall undertake an enquiry for verification of the details
of Udyam Registration submitted by the enterprise and thereafter forward the
matter with necessary remarks to the Director or Commissioner or Industry
Secretary concerned of the State Government who after issuing a notice to the
enterprise and after giving an opportunity to present its case and based on the
findings, may amend the details or recommend to the Ministry of Micro, Small or
Medium Enterprises, Government of India, for cancellation of the Udyam
Registration Certificate.
DISCLAIMER
The
material and information contained in this blog are for general information
purpose only. Though we have made every efforts to make our
interpretation correctly, we do not make representation either express or
implied about the completeness or correctness of the subject matter.
Under no circumstances the author is not responsible / liable for any loss or
damage caused to anyone due to any mistake / error / omissions.
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