EXISTING MSME REGISTRATIONS VALID TILL MARCH 31, 2021: MSME MINISTRY

MSME Ministry clarifies that all the existing Entrepreneurs Memorandum (‘EM’) Part-II and /or Udyog Aadhaar Memorandums (‘UAM’) obtained till June 30, 2020 shall remain valid till March 31, 2021; Strongly recommends that EM Part II and/or UAM holders to file fresh registration in the new Udyam Registration Portal, since the existing registrations will cease to be valid after March 31, 2021; Further specifies that the value of plant and machinery or equipments for all purposes of Notification dated June 26, 2020 and for all the enterprises shall mean the Written Down Value (WDV) as at the end of FY as defined in the Income Tax Act and not the cost of acquisition or original price, which was applicable in the context of the earlier classification criteria; Lastly reiterates that the entire registration process is free of cost and should be done only on and through the Government Portal as specified above: Ministry of MSMEs

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