📝 One-liners · 66 cards
Compliance and Ethics
What is the GST registration threshold for manufacturing MSMEs in most states?
GST registration is mandatory if annual turnover exceeds Rs.40 lakh for manufacturing units in most states.
Which RBI Master Direction consolidates all MSME lending instructions and what is its date?
Master Direction FIDD.MSME & NFS.12/06.02.31/2017-18 dated July 24, 2017 (updated June 11, 2024)
What is the GST registration threshold for service MSMEs in most states?
GST registration is mandatory for service MSMEs if annual turnover exceeds Rs.20 lakh in most states.
Where must all MSME enterprises register to obtain a Udyam Registration Certificate (URC)?
Udyam Registration Portal (online)
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