Madhuri
(Querist) 18 June 2008
This query is : Resolved
Hi,
I have one query regarding MSME Act.
Pl. can you help me to find out the Defination of "Equipment" for MSME (Micro Small & Medium Enterprises Act.
Because in entire Act they didn't given defination of Equipment.
If any service industry want to get registered under the said Act how they will calculate their investement in equipment, because only classification is give in Act
Guest
(Expert) 18 June 2008
You can just the mention the amount of investment in equipment like furniture, computer and interiors and such things as per your Depreciation chart or Balance sheet.
This confusion prevails as the form is designed keeping manufacturing industries in mind.
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