write 5 difference between tiny unit and ancillary unit?
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A tiny unit is the business enterprise whose investment in plant and machinery is not more than 25 lakhs. Investment limit is 25 lakhs in this type of unit .
While an ancillary unit is the unit which supplies not less than 50% of its production to the parent unit. Investment limit in such unit is Rs 1 crore. Parent unit assist the ancillary unit by providing financial help
While an ancillary unit is the unit which supplies not less than 50% of its production to the parent unit. Investment limit in such unit is Rs 1 crore. Parent unit assist the ancillary unit by providing financial help
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Tiny Unit:
1. It is that type in which machinery and investment of plant is not more than 25 lac.
2. Its investment limit is almost 25 lac.
3. There is no assistance required.
4. It cannot do its business by itself.
5. It is of large scale.
Ancillary Unit:
1. It is that type in which its supplies its 50 % production to the parent unit.
2. Its investment limit is almost one crore.
3. There is assistance required from parents by providing technical and financial support.
4. It can do its business by itself.
5. It is of small scale.
1. It is that type in which machinery and investment of plant is not more than 25 lac.
2. Its investment limit is almost 25 lac.
3. There is no assistance required.
4. It cannot do its business by itself.
5. It is of large scale.
Ancillary Unit:
1. It is that type in which its supplies its 50 % production to the parent unit.
2. Its investment limit is almost one crore.
3. There is assistance required from parents by providing technical and financial support.
4. It can do its business by itself.
5. It is of small scale.
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