Dear sir,
Please provide Small scale industries investment limit related circular.
Investment Limits for Small-Scale Industries in India Vary by Law: Key Definitions and Exceptions Explained A query was raised regarding the investment limits for small-scale industries (SSI) in India. One response explained that SSIs are defined as units with an investment in plant and machinery not exceeding Rs. 1 crore, with certain exceptions where the limit is Rs. 5 crore for specific items. Another response noted that the definition of SSI varies by law. Under central excise, it refers to units with previous year clearances not exceeding Rs. 400 lakhs, excluding certain exports. The MSME Act defines SSI as units with investments not exceeding Rs. 500 lakhs, with specific exclusions. (AI Summary)
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