*The price is exclusive of any amount payable to Government/Regulatory Authorities and GST.
Form for furnishing half yearly return with the registrar in respect of outstanding payments to Micro or Small Enterprise.
Services covered :
- Filling the Form
- Preparing Documents to be uploaded along with the form
- Uploading the form
Documents Required :
- Total outstanding amount due as on date of notification of this order i.e. 22.01.2019 for one time return and the dues during April to September and October to March.
- Details of the suppliers include Financial Years/Particulars
Name of Suppliers
PAN of Suppliers
Specify the date from which amount is due
Reasons for Delay in amount of payments due
What are Specified Enterprises as per the notification?
Who get supplies of goods or services from micro and small enterprises, and
Whose payments to such micro and small enterprises are due for a period exceeding 45 days i.e. 46 days in all shall be referred to as the Specified Enterprises.
What does “date of acceptance” mean?
In accordance with MSME Act, 2006, “the day of acceptance” means-
the day of the actual delivery of goods or the rendering of services; or
where any objection is made in writing by the buyer regarding acceptance of goods or services within fifteen days from the day of the delivery of goods or the rendering of services, the day on which such objection is removed by the supplier.
What does “date of deemed acceptance” mean?
In accordance with MSME Act, 2006, “the day of deemed acceptance” means where no objection is made in writing by the buyer regarding acceptance of goods or services within fifteen days from the day of the delivery of goods or the rendering of services, the day of the actual delivery of goods or the rendering of services.
What is required to be filed?
Every specified Company shall file information w.r.t. amounts of payment due and the reasons of the delay in payment to small and micro enterprises.
What is the due date for filing of MSME Form I?
The MSME Form I is required to be filed as following:
One time within 30 days of the publication of notification i.e.
At the end of every half year within 30 days i.e. by 31st October for the period from April to September and by 30th April for the period from October to March.
Who shall sign the MSME Form I?
The Form can be digitally signed by Director, CEO or the company secretary in full time employment of the Company.
Whether the micro and small suppliers for which information is required to be furnished shall be registered under MSME Act, 2006?
No, in the discussed notification, nothing is mentioned w.r.t. registration under MSME Act, 2006 and accordingly, any enterprises falling under the limits of micro and small enterprises shall be the one for which information is required to be furnished.
What is the fee for Form MSME?
Filing of form MSME is free of cost.
Extremely delightful for the services provided by you, thanks a lot in filling my return in short time.
Must take a moment to recognise and appreciate Yash who was managing my papers . He is a diligent and patient guy but on the same hand also persuasive . Appreciate these traits . Wish him all the best .
I used to previously file my ITR through a professional, but I never understood why am I paying interest in my ITR even though I had filed my returns before due date. So, I went to AJVA for Tax Consultation they explained to me why I am paying interest and guided me on the Advance Tax concept and now I give them the required estimation of income and pay advance tax. It has helped me save a lot of money and avoid interest.
I wished to file my ITR at minimal cost, so I was convinced to file it by myself. During filing I came across a lot of queries but ignored it as didn’t seem much important. However, I received a notice from IT department as I had filed a defective return. To resolve this, I contacted AJVA, they not only resolved the issue but also guided me on how to file and where I went wrong.
I run an MSME but I was unaware what is the importance of Udyam Registration Certificate and the process, after consulting AJVA I learned that it is an identity certificate which is mandatory for all MSME’s for recognition. Thankfully I registered as a MSME in time with the help of AJVA and appreciate the co-ordination from the AJVA team.
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