Suri Associates

Udyam Registration

Udyam Registration

To avail the benefits under the MSMED Act from Central or State Government and the Banking Sector, MSME Registration is required. MSME stands for micro, small and medium enterprises and any enterprise that falls under any of these three categories. Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades.

On 13th may, 2020 Government of India announced some major relief to the MSMEs. And one of the major relief is that the Government Revised the definition of the MSMe as a whole.

Under the new definitions, the distinction between manufacturing and services enterprises has been eliminated and the investments have been revised upwards and additional criteria of turnover has been introduced.

What is the new & Revised definition of MSMe?

The new definition of MSMe is as follows:

Micro Enterprise: Manufacturing and services enterprises with investments up to Rs 1 crore and turnover up to Rs 5 crore will be classified as micro enterprises.

Small Enterprise: For small enterprises, the investment criteria and the turnover criteria has been revised upwards to Rs 10 crore and Rs 50 crore respectively.

Medium Enterprise: The enterprises which have investment up to Rs 20 crore and turnover up to Rs 100 crore will be termed as medium enterprises.

Client Testimonials

It is always a pleasure to learn that the work we do has positively impacted our clients and that they are happy to share their experiences.

I have done my GST and Income Tax filing services for our manufacturing business from Suri Associates Tax consultant in Thrissur, Kerala. Their service is highly recommendable. I have approached them again for Suri Sir’s help for our other new businesses we are setting up in Delhi and Haryana.

A FMCG Firm

Kerala – Delhi - Haryana

We are in Partnership Business and were looking for some experienced consultant who can
guide and help us in our GST registration. We moved our Business from Tamil Nadu to
Kerala, and wanted to get the right advice on our new venture. After getting help from Suri
Associates at Thrissur, now we are seeking regular support on our tax related matters. We
are happy to put our review regarding the best services provided by Mr. Suri and team. Thank
you for your support and the operational advices for our business.

A Trading Firm

Irinjalakuda, Thrissur

As a returned NRI, I was not sure about the policies and procedures for starting a business
here in Thrissur, Kerala. After the first consultation with Suri Associates, I got perfect
guidance and support from them. Right from the beginning till today, Suri Associates has
given me the advice for GST Registration and other mandatory services for the setting up and smooth running of my business. I am happy with their services. They are the best GST and Tax consultants in Thrissur

A Proprietary Firm

Mundur, Thrissur

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