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MSMED Declaration

This document provides information about the Micro, Small and Medium Enterprises Development Act of 2006. It defines micro, small, and medium enterprises based on their investment in plant, machinery, and equipment. The vendor is requesting that Pepperfry Limited confirm their enterprise classification and supplier status under the act. Pepperfry is asked to strike out the classifications that do not apply and confirm if they have filed the required memorandum to be considered a supplier. Copies of any filed memorandums are also requested.

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Sikandar Alam
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623 views

MSMED Declaration

This document provides information about the Micro, Small and Medium Enterprises Development Act of 2006. It defines micro, small, and medium enterprises based on their investment in plant, machinery, and equipment. The vendor is requesting that Pepperfry Limited confirm their enterprise classification and supplier status under the act. Pepperfry is asked to strike out the classifications that do not apply and confirm if they have filed the required memorandum to be considered a supplier. Copies of any filed memorandums are also requested.

Uploaded by

Sikandar Alam
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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<<<<<<<<<<< on the Letterhead of Vendor >>>>>>>>

To, Date:
Pepperfry Limited
Mumbai

Sub: Enterprise’s information with respect to the Micro, Small and Medium Enterprises Development Act, 2006

Dear Sir/Madam,

You may be aware that a new Act “Micro, Small and Medium Enterprises Development Act 2006” (‘MSMED’) has come
into force from 2 October 2006, which has repealed the provisions of the old Act regarding Small Scale Industrial
undertakings. As per the MSMED Act, enterprises engaged in the manufacture /production of goods or
rendering/providing of services are to be classified into Micro, Small and Medium enterprises based on the investment in
plant and machinery/equipment. The term enterprises stated in the above paragraph includes Proprietorship, Hindu
undivided family, Association of persons, Co-operative society, Partnership firms, undertaking or any other legal entity.

For your ready reference the definition of Micro, Small and Medium enterprises is given below:

Classification of enterprises engaged in:


a) Manufacture or production of goods pertaining to any industry specified in the First Schedule to the Industries
(Development and Regulation) Act 1951 as
Nature of enterprise Investment in plant & machinery (#)
Micro Does not exceed INR 25 Lac
Small More than INR 25 Lac but does not exceed INR 5 Crores
Medium More than INR 5 Crore but does not exceed INR 10 Crores

b) Providing or rendering services

Nature of enterprise Investment in equipment


Micro Does not exceed INR 10 Lac
Small More than INR 10 Lac but does not exceed INR 2 Crores
Medium More than INR 2 Crore but does not exceed INR 5 Crores

(#) In calculating the investment in plant & machinery, the cost of pollution control, research and development, industrial
safety devices and such other items as may be specified will be excluded

(I) Based on the investment criterion mentioned above, please confirm whether your enterprise is a Micro / Small /
Medium enterprise as follows:

“We confirm that we are a micro / small / medium enterprise under the MSMED Act 2006.” (Please strike off
whichever status is not applicable)

(II) Further, with respect to micro and small enterprises, the MSMED Act defines the term ‘Supplier’ as an enterprise
which has filed a memorandum with the authority specified by the respective State Government.

If you are a micro / small enterprise and have filed a memorandum with the specified authority, please confirm the
following:

“We are a supplier within the definition of section 2(n) of the MSMED Act ________(Yes/No).”

If the response to the above is ‘Yes’, please provide us a copy of the Entrepreneurs Memorandum (EM) filed with the
authority specified by the respective State Government.

Thanking you,

Yours faithfully,
<<<<<<<<<<< on the Letterhead of Vendor >>>>>>>>

Authorized signatory

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