Mandatory to have GST Registration to apply for Udyam Registration

When it comes to starting and operating a Micro, Small or Medium Enterprise the government of India through its Ministry of MSME has laid down certain processes to facilitate ease of doing business in India. A major registration process being implemented by all MSMEs in India today is the Udyam Registration which was called as Udyog Aadhar or MSME Registration previously.

We all know that the Ministry of MSME via its notification no. S.O.2119 (E) dated 26th June 2020 published in the official Gazette of India, introduced the new system of Udyam Registration and has since replaced it with the existing system of Udyog Aadhar Registration or MSME Registration. While doing so it has laid down some new pre-requisites which are now required by MSMEs to obtain their Udyam Registration.