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MSME-1 for the period Oct 1, 2023 to March 31, 2024

Vishnu Daya & Co LLP > NewsletterAlerts  > MSME-1 for the period Oct 1, 2023 to March 31, 2024

MSME-1 for the period Oct 1, 2023 to March 31, 2024

Dear Sir/Madam,

Please note the applicability of filing of e-form MSME-1 the half-yearly return to be filed with ROC:

  • A company which fulfils the below mentioned checkpoints, then such a company needs to file an e-form MSME-1:
  • Company is having MSME registered vendors;
  • Company made payment to such MSME vendor after 45 days from date of acceptance of goods/services during the half-year;
  • Please obtain your creditors’/services providers’ MSMED status in writing with the copy of the registration under MSMED Act, 2006, if they are registered;
  • Please update the attached list of entries for payables for more than 45 days to MSME vendors during the previous six-month period – namely from October 1, 2023 to March 31, 2024;  MSME-1_Requirements
  • This information has to be updated in the form MSME-1 and filed with ROC by 30th April, 2024.
  • The checklist for MSME-1 is attached to this alert. Kindly fill it and send it back for filing.
  • ROC is levying huge penalties for non-filing or delayed filings of MSME-1 form.  Hence, kindly do the filing on time.

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