Notification regarding New Definition of Micro, Small and Medium Enterprises – Clarification (dated -19.05.2022) – RBI.Notification regarding New Definition of Micro, Small and Medium Enterprises – Clarification (dated -19.05.2022) – RBI.
View PdfNotification regarding New Definition of Micro, Small and Medium Enterprises – Clarification (dated -19.05.2022) – RBI.
- Government of India, vide Gazette Notification S.O. 2134(E) dated May 06, 2022, has notified amendments in sub paragraph (3) paragraph (7) of the notification of Government of India, Ministry of Micro, Small and Medium Enterprises number S.O. 2119 (E), dated June 26, 2020, published in the Gazette of India.
- In view of the amendment, it is clarified that:
- The existing Entrepreneurs Memorandum (EM) Part II and Udyog Aadhaar Memorandum (UAM) of the MSMEs obtained till June 30, 2020 shall remain valid till June 30, 2022 for classification as MSMEs; and
- The validity of documents obtained in terms of O.M. No.12 (4)/ 2017-SME dated March 8, 2017 (RBI Circular FIDD.MSME & NFS.BC.No.10/06.02.31/2017-18 dated July 13, 2017), for classification of MSMEs upto June 30, 2020, has been extended upto June 30, 2022, refer attachment for further details.
