Investment in plant and machinery is the original cost excluding land and building and the items are specified by the Ministry of Small Scale Industries vide its notification No.S.O.1722(E) dated October 5, 2006
Enterprises involved in providing or rendering of services and whose investment in equipment (original cost excluding land and building and furniture, fittings and other items not directly related to the service provided or as may be notified under the MSMED Act, 2006 as specified below.
A micro enterprise is an enterprise where the investment in equipment should not exceed Rs. 10 lakh.
A small enterprise is an enterprise where the investment in equipment is more than Rs.10 lakh but does not exceed Rs. 2 crore.
A medium enterprise is an enterprise where the investment in equipment is more than Rs. 2 crore but does not exceed Rs. 5 crore.
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