MSME Registration

Sakshijany27 Dec, 2021Business

MSME-1 Form has been introduced for companies, who received supplies of goods or services from micro and small enterprises and whose payments for such supplies are outstanding for more than 45 days by the MCA. Form MSME 1 introduction by MCA will help specified companies submit a half-yearly return to the MCA disclosing details like the amount of payment due, the reasons for the delay, etc. Companies must furnish the following details to their concerning ROC via Form MSME-1: The amount of payment due The reasons for the delay Supplier Name PAN of supplier Date from which amount is due