How to Update MSME Details in Tally Prime
Classification/Categories of MSME
As per the revised composite criteria notified by the Union Government which came into effect since 01.07.2020.
Micro - Investment in Plant and Machinery or Equipment:
Not more than ₹1 crore and Annual Turnover ; not more than ₹ 5 crore
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Small - Investment in Plant and Machinery or Equipment:
Not more than ₹10 crore and Annual Turnover ; not more than ₹ 50 crore
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Medium - Investment in Plant and Machinery or Equipment:
Not more than ₹ 50 crore and Annual Turnover ; not more than ₹ 250 crore
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