{"id":252836,"date":"2021-08-18T10:30:59","date_gmt":"2021-08-18T05:00:59","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=252836"},"modified":"2021-08-18T09:35:07","modified_gmt":"2021-08-18T04:05:07","slug":"urban-street-vendors-included-under-msmes","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2021\/08\/18\/urban-street-vendors-included-under-msmes\/","title":{"rendered":"Urban street vendors included under MSMEs"},"content":{"rendered":"<p style=\"text-align: justify;\">The Ministry of Micro, Small and Medium Enterprises has issued an office memorandum dated August 9, 2021 which includes the urban street vendors in MSME category and the Street Vendors can register as retail trades on Udyam Registration (UR) portal. But the benefits to Retail and Wholesale trade MSMEs are restricted to Priority Sector Lending only. The office memo has provided a list of eligible additional activities under NIC Code 45,46 and 47 are as follows: \u2013<\/p>\n<p>&nbsp;<\/p>\n<ul style=\"text-align: justify;\">\n<li>45- Wholesale and retail trade and repair of motor vehicle and motorcycles<\/li>\n<li>46- Wholesale trade except of motor vehicles and motorcycles<\/li>\n<li>47- Retail Trade Except of Motor Vehicles and motor cycles.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\">Initially, the registration process of Udyog Aadhar Memorandum was applicable, which has now been replaced by the Udyam Registration.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\">The Udyam Registration is free of cost, transparent, online, hassle- free, based on self-declaration and requires Aadhaar and PAN cards. The registration does not require any documents and has automatic integration with CBDT and GSTIN. In case of an enterprise, when no prior ITR is available, the investment in Plant &amp; Machinery and turnover will be based on self-declaration.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><span style=\"color: #000080;\">*Tanvi Singh, Editorial Assistant has reported this brief.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Micro, Small and Medium Enterprises has issued an office memorandum dated August 9, 2021 which includes the urban street <\/p>\n","protected":false},"author":121,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[],"class_list":["post-252836","post","type-post","status-publish","format-standard","hentry","category-legislationupdates","category-notifications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - 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Bhardwaj"},"description":"Senior Associate Editor","url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_3\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":250701,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/07\/03\/retail-and-wholesale-trades-included-under-msmes\/","url_meta":{"origin":252836,"position":0},"title":"Retail and Wholesale trades included under MSMEs","author":"Prachi Bhardwaj","date":"July 3, 2021","format":false,"excerpt":"The Minister of MSME and Road Transport and Highways has announced revised guidelines for MSMEs vide press release dated July 02, 2021. The guidelines have included Retail and Wholesale trades as MSMEs. The revised guidelines aim to benefit 2.5 Crore Retail and Wholesale Traders. Under the revised guidelines, the retail\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/06\/MSME.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/06\/MSME.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/06\/MSME.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/06\/MSME.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/06\/MSME.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":251292,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/07\/15\/stamp-duty-chargeable-on-the-instrument-of-transfer-of-immovable-property-of-micro-or-small-enterprise-of-manufacturing-sector\/","url_meta":{"origin":252836,"position":1},"title":"Stamp duty chargeable on the instrument of transfer of immovable property of micro or small enterprise of manufacturing sector","author":"Bhumika Indulia","date":"July 15, 2021","format":false,"excerpt":"On July 13, 2021, the Finance Department, Rajasthan has issued an order regarding the stamp duty chargeable on the instrument of transfer of immovable property of micro or small enterprise of manufacturing sector as defined in the Micro, Small and Medium Enterprises Development Act, 2006. \u00a0 The purpose of revival\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/06\/Government-of-Rajasthan.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/06\/Government-of-Rajasthan.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/06\/Government-of-Rajasthan.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/06\/Government-of-Rajasthan.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/06\/Government-of-Rajasthan.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":251517,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/07\/20\/pre-packs-for-msmes-a-positive-step-with-implementation-hurdles\/","url_meta":{"origin":252836,"position":2},"title":"Pre-Packs for MSMEs: A Positive Step with Implementation Hurdles","author":"Bhumika Indulia","date":"July 20, 2021","format":false,"excerpt":"by Tariq Khan\u2020 Cite as: 2021 SCC OnLine Blog Exp 59","rel":"","context":"In &quot;Op Eds&quot;","block_context":{"text":"Op Eds","link":"https:\/\/www.scconline.com\/blog\/post\/category\/op-ed\/legal-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-112.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-112.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-112.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-112.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-112.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":273954,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/09\/17\/comprehensive-reforms-in-the-trade-certificate-regime-vide-central-motor-vehicles-fifteenth-amendment-rules-2022\/","url_meta":{"origin":252836,"position":3},"title":"Comprehensive reforms in the Trade Certificate regime vide Central Motor Vehicles (Fifteenth Amendment) Rules, 2022","author":"Bhumika Indulia","date":"September 17, 2022","format":false,"excerpt":"\u00a0 \u00a0 The Central Government has notified Central Motor Vehicles (Fifteenth Amendment) Rules, 2022 in order to amend the Central Motor Vehicles Rules, 1989 and to simplify and streamline the Trade Certificate regime. It will come into effect from 01-11-2022. The existing trade certificates will continue to be valid till\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-177.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-177.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-177.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-177.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-177.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":266578,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/05\/07\/morth-issues-draft-notification-pertaining-to-ease-of-doing-business-trade-certificate\/","url_meta":{"origin":252836,"position":4},"title":"MoRTH issues draft notification pertaining to ease of doing business &#8211; Trade Certificate","author":"Bhumika Indulia","date":"May 7, 2022","format":false,"excerpt":"On May 05, 2022, the Ministry of Road Transport & Highways has published a draft notification for amendments in certain provisions of the Central Motor Vehicles Rules 1989\u00a0 pertaining to the Trade Certificate in an endeavour to promote \u201cEase of doing business\u201d. A Trade Certificate is required only in case\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/04\/MicrosoftTeams-image-138.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/04\/MicrosoftTeams-image-138.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/04\/MicrosoftTeams-image-138.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/04\/MicrosoftTeams-image-138.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/04\/MicrosoftTeams-image-138.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":230678,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/06\/09\/validity-of-motor-vehicle-documents-further-extended-till-30th-september-2020\/","url_meta":{"origin":252836,"position":5},"title":"Validity of motor vehicle documents further extended till 30th September, 2020","author":"Bhumika Indulia","date":"June 9, 2020","format":false,"excerpt":"Union Minister for Road Transport & Highways and MSMEs Nitin Gadkari announced further extension of the validity date of motor vehicle documents till September this year. Accordingly, the Ministry of RTH has issued an advisory to all States and UTs to this effect. Earlier, MoRTH had issued an advisory on\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/01\/Motor-Vehicles.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/01\/Motor-Vehicles.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/01\/Motor-Vehicles.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/01\/Motor-Vehicles.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/01\/Motor-Vehicles.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/252836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/121"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=252836"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/252836\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=252836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=252836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=252836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}