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Three following are the facts about thei...

Three following are the facts about their investment in plant & machinery of two manufacturing enterprises- X and Y.
`**" "` X- Rs. 0.14 Crore
`**" "` Y- Rs. 23.35 Lac
In each case, state the type of enterprise as per he provisions of MSMED Act, 2006, if X is engaged in the business of house keeping & waste disposal and Y is a toy manufacturing unit.

Text Solution

Verified by Experts

If both are manufacturer the
X - Small
Y - Micro
If X is in business of house keeping and waste disposal and is manufacturing toys then X is small
Y is Micro.
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