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    Particulars to be furnished in MSME FORM I

    Posted By : damini / Published on : 14-May-2020 05:39 PM / View : 481 / Comment : 1

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    As per the notification "companies whose payments to micro and small enterprise exceed 45 days shall submit a half-yearly return".

    So during the half-year, if the Company has made payment to the micro and small enterprise after 45 days, it has to file MSME Form I for that half-year.

    So we have to file particulars of payments made to small and micro enterprises after 45 days during the half-year and not just pending as on 31st March/ 30th September for more than 45 days.

    Please share your views on the same.
    Read more on : form msme furnished particulars

    • Yes still because after 45 day company paid.

      1. April to September 

      2. October to March 

       

      Enter the Date from which amount is due. 

      All companies, who get supplies of goods or services from micro and small enterprises and whose payments to micro and small enterprise suppliers exceed forty-five days from the date of acceptance or the date of deemed acceptance of the goods or services as per the provisions of section 9 of the Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006) (hereafter referred to as “Specified Companies”), shall submit a return to the Ministry of Corporate Affairs in the interval mentioned below 

      a. Initial return or 

      b. Regular half yearly return 

      Form for furnishing half yearly return with the registrar in respect of outstanding payments to Micro or Small Enterprises. 

      17-09-2022 / 07:04:32 AM
      Reply
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