New Patent (Amendment) Rules 2014 have been published. There is change in Govt. fee with effect from February 28, 2014. Accordingly the Govt. fee disbursements would be higher. There is cost associated for filing Patent Application physically (10% surcharge). Further, a new category of Applicant is introduced i.e. “small entity”.
Small: investment in plants/ machines for manufacturing industry is between INR 25 Lakhs to 5 Crores or investment in equipment for service industry is between 10 lakhs to 2 crores
Medium: investment in plants/ machines for manufacturing industry is between INR 5 Crores to 10 Crores or investment in equipment for service industry is between 2 crores to 5 Crores
Therefore small entity are those entity (other than non-natural) having investment in plants/ machines for manufacturing industry less than 10 Crores or investment in equipment for service industry less than 5 Crores.
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