Anyone got notice from MCA regarding MSME suppliers payment ?
I have received the same but it seems fake notice ? Is there any possibility ..kindly reply
mail:
Subject :- Support and outreach initiatives for MSME Sector – regarding payments to micro and small enterprise suppliers.
In continuation to earlier notice dated 18.10.2019 and as per Hon’ble PM’s 12 Key announcement on 02.11.2018 regarding support and outreach initiatives for MSME Sector, the Ministry of Micro, Small and Medium Enterprises has issued notification No. S.O. 5622(E). dated 02nd November, 2018 which states as under :-
“In exercise of powers conferred by section 9 of the Micro, Small and Medium Enterprises Development Act, the Central Government hereby directs that 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 the Act, shall submit a half yearly return to the Ministry of Corporate Affairs stating the following:
(a) The amount of payments due; and
(b) The reasons of the delay.”
2. It has been noted that your company acknowledged supplies of goods or services from MSME enterprises and payments to them due even after expiry of forty five days from the date of acceptance or the date of deemed acceptance of the goods or services.
3. In view of above you are hereby advised to liquidate the outstanding dues towards MSME enterprises immediately, if, not already cleared.
4. A prompt action on your part will be appreciated.
Anyone has handled payment and Settlement Act?
Please revert urgently.
settlement
payment
Service provided by a lawyer to a company in July 2017. Bill and payment made in July 2017. Company registered in GST in December 2017. Turnover is over 2 crores. Is the company liable to RCM payment on advocate's fees paid in July 2017?
Click here to view / answer Share it onpayment
Dear All
Since yest i am trying to make payment of Pay Later challan but unable to do so...System is continuously throwing error
I tried through Chrome and Internet Explorer both
Any other option through which i can make the payment pls
Whether payment to IEPF pertaining to IEPF-1 has to be made online ONLY or offline (through Bank) is permissible. Further, whether IEPF-1 is getting approved without any hitches ?
Whether payment to IEPF pertaining to IEPF-1 has to be made online ONLY or offline (through Bank) is permissible. Further, whether IEPF-1 is getting approved without any hitches ?
Hai friends,
How to pay stamp duty for issue of dematted shares, in Bangalore.
Hi,
A company had received an oral order from Regional Director asking to pay Rs 1,25,000 each for directors and the company. (consisting of 1 Indian and 2 foreign director) for violation of Section 96-98.
Payment in case of Company and 1 Indian director has been made.
But while making payment in case of 2 foreign directors, an error message is popping up.
Please advice on how to make the payment in such case.
Dear Colleagues,
Is it necessary to pass a board resolution for payment of salary to a director of private company. The director is on the payroll of the Company and he is executive director. According to my opinion the sections relating to managerial remuneration are applicable to public companies and private companies. So there is no need to pass a resolution for payment of salary to executive director of private company.
Dear All,
Can a pvt company make payment of loan taken by its group company (Listed) which is under the insolvency resolution process?
I hv missed the payment of Challan of MGT-14 and it got expired. Is it any way to get extension for making the payment bcz cancelling SRN and uploading fresh one would fetch additional penalty.
Any body have experience??
paymentmgt
missed
Dear Members,
Payment has been deducted for forms AOC-4 XBRL and ADT-1
But challan not generated, status shows not paid.
Amount has been deducted from account and its almost 3 days now.
Have raised an compliant No response
Is any one facing same issue. Any other solution.
