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Form MSME Filing

Form MSME Filing

Every Company, who get supplies of goods or services from Micro and Small Enterprises (MSMEs) and whose payments to MSMEs exceeds 45 days from the date of acceptance or deemed acceptance, irrespective of whether there are outstanding amounts as of March 31st or September 30th, if payments to micro or small enterprises are delayed beyond 45 days within a reporting period, the MSME-1 form must be filed.

 

This is pursuant to the Ministry of Corporate Affairs (MCA) notification dated July 15, 2024. 

 

The revised requirements now mandate the disclosure of the following information:

 

  1. Amount paid within 45 days
  2. Amount paid after 45 days
  3. Amount outstanding for 45 days or less
  4. Amount outstanding for more than 45 days
  5. Justifications of arrears or other late payments.

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Market Price

1500/-

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₹ 1016 excl. GST

₹ 1198 incl. GST

Complete Date

27-09-2025
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Scope of Work:

  • 1. Preparation of eform MSME Form I

     

    2. Filing of eform MSME Form I

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Introduction

Indian businesses need to file MSME-1 as a compliance form under the provisions of the Micro, Small, and Medium Enterprises Development (MSMED) Act 2006. MSME-1 stands as an essential document which enables companies to state their payment delays with businesses classified as MSMEs under MSME Act registration.

Purpose of MSME-1 Form

Every company that registers under company law or limited liability partnership must file Delayed Payments to Micro and Small Enterprises reports following conditions described in the MSMED Act through MSME-1 forms.

 

  • The MSME-1 form allows businesses to display payment practices towards Micro Small and Medium Enterprises through data about late payments that exceed 45 days beyond supply dates or service completion periods.

  • This form plays an integral part in a program to boost speedy payments between businesses who maintain reliable partnerships. Operating cash benefits for MSMEs come from finishing the payment requirement that depends on rapid payment receipt.

  • The financial liquidity of MSMEs depends on swift payment receipt for their expansion into the economy. This document operates as a preventive measure designed to provide timely payment distributions between participants in the system.

  • All businesses alongside limited liability partnerships need to submit MSME-1 because Companies Act 2013 specifies legal requirements for MSME-1 submission.

Filing of MSME-1 Form

Who must file MSME-1?

 

  • A company whether it is public or private and has outstanding payments to Micro and Small enterprises for more than 45 days from the date of acceptance or deemed acceptance of goods & services must file form MSME-1.

 

When should MSME-1 be filed?

 

  • A Registrant files MSME-1 data files statements with the Registrar of Companies twice a year in their two half-year periods to update their regular MSME payment obligation.

 

Details required to file MSME-1 

 

  • Corporate identification Number (CIN) & PAN of the company

  • Name of the company

  • Registered office address

  • Email Id 

  • Name and title of individual signing the form.

  • Reason of delay in payment and amount due

Reporting in MSME-1 Form

All deadlines for paying outstanding amounts need to be presented in MSME-1 format in full detail. The reporting system imposes regulations on the submission of specified information according to MSME-1 standards.

 

  • Particulars of the Supplier: Every supplier with delayed payments must receive a listing on the reporting form. The company needs to present supplier information as well as Udyog Aadhar Number (optional) for MSME providers.

  • Amount Outstanding: Every MSME provider must have their complete outstanding amount displayed within this document. Payment debts must be categorized by their age period (beginning from greater than 45 days and going to greater than 60 days and beyond).

  • Date of Payment Due: The written document needs to include both the expected payment appearance timeline as well as all actual payment dates.

  • Period of Delay: The contractual time period must be indicated through a specified number of days that payment will be delayed.

  • Reason for Delay: Every business needs to detail the payment delay causes when presenting their financial troubles or business problems.

 

MSME-1 filings serve as a sign to honor the 45-day payment term according to the MSMED Act. Failure to follow this requirement exposes businesses to official penalties along with potential legal penalties.

Due Date for Filing Form MSME-1

The specified companies must file MSME-1 half-yearly return through MCA. Form MSME-1 filing date is as stated below based on submission schedules.

 

Due Date Period for which MSME-1 is filed
30 April For October-March period
31 October For April-September period

Consequences of Non-Compliance

Companies Act 2013 provides penalties that may be of high value on any business that fails to file the MSME-1. Under section 405(4), failure to file MSME-1 will result in a penalty of 20,000 to the company and all the officers as a consequence which will run as long as failure persists and exceed the maximum limit to 3, 000, 000.

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