TaxTMI 
TaxTMI 
Hi
Can a trader in pharmaceutical (who purchases from manufacturer and supplies to medical outlets) is eligible to be registered under MSME scheme??
Thank You in advance
MSME Registration
27 May 2020 
9 Replies 
2668 Views Asked by
MSME definition revision broadens classification and links eligibility to revised turnover and investment criteria, plus targeted relief schemes.
Traders/retailers that only purchase and resell pharmaceuticals are not eligible for MSME registration under the traditional criteria, though relief and credit schemes introduced for COVID-19 may extend benefits to such traders without requiring Udyog Aadhaar. The government revised MSME investment and turnover thresholds and excluded export turnover from classification limits; it also announced collateral-free loans, subordinate debt provisioning, an equity Fund of Funds, procurement relaxations, and digital support via the CHAMPIONS portal. Scheme-specific eligibility depends on objective financial metrics rather than prior MSME registration. (AI Summary)
Traders/retailers that only purchase and resell pharmaceuticals are not eligible for MSME registration under the traditional criteria, though relief and credit schemes introduced for COVID-19 may extend benefits to such traders without requiring Udyog Aadhaar. The government revised MSME investment and turnover thresholds and excluded export turnover from classification limits; it also announced collateral-free loans, subordinate debt provisioning, an equity Fund of Funds, procurement relaxations, and digital support via the CHAMPIONS portal. Scheme-specific eligibility depends on objective financial metrics rather than prior MSME registration. (AI Summary)