{"id":8923,"date":"2025-04-14T08:47:07","date_gmt":"2025-04-14T08:47:07","guid":{"rendered":"https:\/\/www.caindelhiindia.com\/blog\/?p=8923"},"modified":"2025-04-14T10:02:12","modified_gmt":"2025-04-14T10:02:12","slug":"overview-msme-form-1-due-dates-and-filling-procedure","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/overview-msme-form-1-due-dates-and-filling-procedure\/","title":{"rendered":"Overview MSME Form 1\u00a0Due Dates and\u00a0filling Procedure"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-8925\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/MSME-Form-1.-.png\" alt=\"MSME-Form-1.\" width=\"998\" height=\"620\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/MSME-Form-1.-.png 708w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/MSME-Form-1.--300x186.png 300w\" sizes=\"(max-width: 998px) 100vw, 998px\" \/><\/h2>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69dad2c94d7cd\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69dad2c94d7cd\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-msme-form-1-due-dates-and-filling-procedure\/#Overview_MSME_Form_1_Due_Dates_and_filling_Procedure\" title=\"Overview MSME Form 1\u00a0Due Dates and\u00a0filling Procedure\">Overview MSME Form 1\u00a0Due Dates and\u00a0filling Procedure<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-msme-form-1-due-dates-and-filling-procedure\/#What_is_MSME_Form_1_MCA\" title=\"What is MSME Form 1 (MCA)?\">What is MSME Form 1 (MCA)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-msme-form-1-due-dates-and-filling-procedure\/#Applicability_of_MSME_Form_I\" title=\"Applicability of MSME Form I\">Applicability of MSME Form I<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-msme-form-1-due-dates-and-filling-procedure\/#Definition_of_Micro_and_Small_Enterprises_as_per_MSMED_Act_2006\" title=\"Definition of Micro and Small Enterprises (as per MSMED Act, 2006)\">Definition of Micro and Small Enterprises (as per MSMED Act, 2006)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-msme-form-1-due-dates-and-filling-procedure\/#Manufacturing_Sector\" title=\"Manufacturing Sector\">Manufacturing Sector<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-msme-form-1-due-dates-and-filling-procedure\/#Service_Sector\" title=\"Service Sector\">Service Sector<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-msme-form-1-due-dates-and-filling-procedure\/#Who_Are_%E2%80%9CSpecified_Companies%E2%80%9D\" title=\"Who Are \u201cSpecified Companies\u201d?\">Who Are \u201cSpecified Companies\u201d?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-msme-form-1-due-dates-and-filling-procedure\/#Reminder_for_Filing_MSME_Form_I_for_the_Period_October_1_2024_to_March_31_2025\" title=\"Reminder for Filing MSME Form I for the Period October 1, 2024 to March 31, 2025\">Reminder for Filing MSME Form I for the Period October 1, 2024 to March 31, 2025<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-msme-form-1-due-dates-and-filling-procedure\/#Steps_to_file_the_initial_return_MSME_Form_I\" title=\"Steps to file the initial return (MSME Form I):\">Steps to file the initial return (MSME Form I):<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-msme-form-1-due-dates-and-filling-procedure\/#Penalty_for_Non-Compliance_of_Filing_MSME_Form_I\" title=\"Penalty for Non-Compliance of\u00a0Filing MSME Form I\">Penalty for Non-Compliance of\u00a0Filing MSME Form I<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-msme-form-1-due-dates-and-filling-procedure\/#Exemptions_for_Filing_MSME_Form_I\" title=\"Exemptions for Filing MSME Form I\">Exemptions for Filing MSME Form I<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"page-title\"><span class=\"ez-toc-section\" id=\"Overview_MSME_Form_1_Due_Dates_and_filling_Procedure\"><\/span><span style=\"color: #000080;\">Overview MSME Form 1\u00a0Due Dates and\u00a0filling Procedure<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>MCA throght MCA notification No S.O. 5622(E), 2.11.2018 has directed that Every Company, whether private\/ public \/ OPC who gets supplies of goods or\u00a0services from micro and small enterprises\u00a0and whose payments to MSEs Suppliers more than 45 days from the Date of Acceptance* or the Date of Deemed Acceptance of the goods or services shall submit a half-yearly return to the MCA in \u201cMSME Form I\u201d stating the following:<\/p>\n<ul>\n<li>Amount of payment due; and<\/li>\n<li>Reasons for the delay;<\/li>\n<\/ul>\n<h3 data-start=\"187\" data-end=\"222\"><span class=\"ez-toc-section\" id=\"What_is_MSME_Form_1_MCA\"><\/span><span style=\"color: #000080;\"><strong data-start=\"192\" data-end=\"222\">What is MSME Form 1 (MCA)?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"\" data-start=\"224\" data-end=\"507\">MSME Form I is a half-yearly return that must be filed with the Ministry of Corporate Affairs (MCA) by Specified Companies whose payments to Micro or Small Enterprises (MSEs) exceed 45 days from the date of acceptance (or deemed acceptance) of goods\/services.\u00a0This form was mandated under the:<\/p>\n<ul data-start=\"544\" data-end=\"721\">\n<li class=\"\" data-start=\"544\" data-end=\"663\">\n<p class=\"\" data-start=\"546\" data-end=\"663\">Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order, 2019<\/p>\n<\/li>\n<li class=\"\" data-start=\"664\" data-end=\"721\">\n<p class=\"\" data-start=\"666\" data-end=\"721\">Issued under Section 405 of the Companies Act, 2013<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"728\" data-end=\"766\"><span class=\"ez-toc-section\" id=\"Applicability_of_MSME_Form_I\"><\/span><span style=\"color: #000080;\"><strong data-start=\"734\" data-end=\"766\">Applicability of MSME Form I<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"\" data-start=\"184\" data-end=\"527\">MSME Form 1 was introduced by the MCA to ensure timely payment to Micro and Small Enterprises. It mandates specified companies to file a half-yearly return detailing outstanding payments due to MSME suppliers beyond 45 days, along with reasons for the delay. Filing of MSME Form I is mandatory if your company:\u00a0 Has received goods or services from MSMEs, and payment is outstanding for more than 45 days from the date of acceptance or deemed acceptance of such goods\/services. A company is required to file MSME Form I if <strong data-start=\"817\" data-end=\"825\">both<\/strong> of the following conditions are met:<\/p>\n<ul data-start=\"864\" data-end=\"1073\">\n<li class=\"\" data-start=\"864\" data-end=\"956\">\n<p class=\"\" data-start=\"867\" data-end=\"956\">The company has received goods or services from Micro or Small Enterprises, and<\/p>\n<\/li>\n<li class=\"\" data-start=\"957\" data-end=\"1073\">\n<p class=\"\" data-start=\"960\" data-end=\"1073\">Payment is due for more than 45 days from the date of acceptance\/deemed acceptance of the goods\/services.<\/p>\n<\/li>\n<\/ul>\n<p class=\"\" data-start=\"1075\" data-end=\"1220\">The date of <em data-start=\"1100\" data-end=\"1119\">deemed acceptance<\/em> refers to when there is no written objection within 15 days from the delivery of goods\/services.<\/p>\n<h3 data-start=\"1718\" data-end=\"1794\"><span class=\"ez-toc-section\" id=\"Definition_of_Micro_and_Small_Enterprises_as_per_MSMED_Act_2006\"><\/span><span style=\"color: #000080;\"><strong data-start=\"1724\" data-end=\"1794\">Definition of Micro and Small Enterprises (as per MSMED Act, 2006)<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 class=\"\" data-start=\"1796\" data-end=\"1827\"><span class=\"ez-toc-section\" id=\"Manufacturing_Sector\"><\/span><span style=\"color: #000080;\"><strong data-start=\"1803\" data-end=\"1827\">Manufacturing Sector<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"pointer-events-none relative left-[50%]! flex w-[100cqw] translate-x-[-50%] justify-center *:pointer-events-auto\">\n<div class=\"tableContainer horzScrollShadows\">\n<table class=\"min-w-full\" style=\"height: 150px;\" width=\"836\" data-start=\"1828\" data-end=\"2001\">\n<thead data-start=\"1828\" data-end=\"1872\">\n<tr data-start=\"1828\" data-end=\"1872\">\n<th data-start=\"1828\" data-end=\"1837\">Type<\/th>\n<th data-start=\"1837\" data-end=\"1872\">Investment in Plant &amp; Machinery<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"1916\" data-end=\"2001\">\n<tr data-start=\"1916\" data-end=\"1958\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1916\" data-end=\"1925\">Micro<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1925\" data-end=\"1958\">\u2264 \u20b925 lakhs<\/td>\n<\/tr>\n<tr data-start=\"1959\" data-end=\"2001\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1959\" data-end=\"1968\">Small<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1968\" data-end=\"2001\">&gt; \u20b925 lakhs \u2264 \u20b95 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<h3 class=\"\" data-start=\"2003\" data-end=\"2029\"><span class=\"ez-toc-section\" id=\"Service_Sector\"><\/span><span style=\"color: #000080;\"><strong data-start=\"2011\" data-end=\"2029\">Service Sector<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"pointer-events-none relative left-[50%]! flex w-[100cqw] translate-x-[-50%] justify-center *:pointer-events-auto\">\n<div class=\"tableContainer horzScrollShadows\">\n<table class=\"min-w-full\" style=\"height: 190px;\" width=\"838\" data-start=\"2030\" data-end=\"2202\">\n<thead data-start=\"2030\" data-end=\"2073\">\n<tr data-start=\"2030\" data-end=\"2073\">\n<th data-start=\"2030\" data-end=\"2039\">Type<\/th>\n<th data-start=\"2039\" data-end=\"2073\">Investment in Equipment<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"2117\" data-end=\"2202\">\n<tr data-start=\"2117\" data-end=\"2159\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"2117\" data-end=\"2126\">Micro<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"2126\" data-end=\"2159\">\u2264 \u20b910 lakhs<\/td>\n<\/tr>\n<tr data-start=\"2160\" data-end=\"2202\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"2160\" data-end=\"2169\">Small<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"2169\" data-end=\"2202\">&gt; \u20b910 lakhs \u2264 \u20b92 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p class=\"\" data-start=\"2204\" data-end=\"2377\"><em data-start=\"2204\" data-end=\"2377\">(Note: Revised classification limits notified in 2020 may apply for new registrations but for compliance with this order, original criteria are still considered relevant.)<\/em><\/p>\n<p class=\"\" data-start=\"1372\" data-end=\"1480\"><strong data-start=\"1372\" data-end=\"1429\">What details need to be furnished in MSME Form 1?<\/strong><\/p>\n<p data-start=\"2384\" data-end=\"2425\"><span style=\"color: #000080;\"><strong data-start=\"2390\" data-end=\"2425\">Details Required in MSME Form I : <\/strong><\/span>Companies must report the following information:<\/p>\n<ul data-start=\"2427\" data-end=\"2586\">\n<li class=\"\" data-start=\"1482\" data-end=\"1511\">\n<p class=\"\" data-start=\"1484\" data-end=\"1511\">Name of the MSME supplier<\/p>\n<\/li>\n<li class=\"\" data-start=\"1482\" data-end=\"1511\">\n<p class=\"\" data-start=\"1484\" data-end=\"1511\">PAN of the supplier<\/p>\n<\/li>\n<li class=\"\" data-start=\"1482\" data-end=\"1511\">\n<p class=\"\" data-start=\"1484\" data-end=\"1511\">Date from which the amount is due<\/p>\n<\/li>\n<li class=\"\" data-start=\"1482\" data-end=\"1511\">\n<p class=\"\" data-start=\"1484\" data-end=\"1511\">CIN, PAN, Registered Address<\/p>\n<\/li>\n<li class=\"\" data-start=\"1482\" data-end=\"1511\">\n<p class=\"\" data-start=\"1484\" data-end=\"1511\">Outstanding dues to MSEs<\/p>\n<\/li>\n<li class=\"\" data-start=\"1482\" data-end=\"1511\">\n<p class=\"\" data-start=\"1484\" data-end=\"1511\">Amount payable<\/p>\n<\/li>\n<li class=\"\" data-start=\"1482\" data-end=\"1511\">Digital signature of Director\/Authorized Signatory<\/li>\n<li class=\"\" data-start=\"1574\" data-end=\"1596\">\n<p class=\"\" data-start=\"1576\" data-end=\"1596\">Amount outstanding<\/p>\n<\/li>\n<li class=\"\" data-start=\"1597\" data-end=\"1633\">\n<p class=\"\" data-start=\"1599\" data-end=\"1633\">Reasons for the delay in payment<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1227\" data-end=\"1280\"><span style=\"color: #000080;\"><strong data-start=\"1233\" data-end=\"1280\">MSME Form 1 Due Dates (Half-Yearly Returns)<\/strong><\/span><\/p>\n<div class=\"pointer-events-none relative left-[50%]! flex w-[100cqw] translate-x-[-50%] justify-center *:pointer-events-auto\">\n<div class=\"tableContainer horzScrollShadows\">\n<table class=\"min-w-full\" style=\"height: 163px;\" width=\"856\" data-start=\"1282\" data-end=\"1475\">\n<thead data-start=\"1282\" data-end=\"1327\">\n<tr data-start=\"1282\" data-end=\"1327\">\n<th data-start=\"1282\" data-end=\"1307\">Period Covered<\/th>\n<th data-start=\"1307\" data-end=\"1327\">Due Date to File<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"1374\" data-end=\"1475\">\n<tr data-start=\"1374\" data-end=\"1424\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1374\" data-end=\"1399\">April \u2013 September 2024<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1399\" data-end=\"1424\"><strong data-start=\"1401\" data-end=\"1422\">31st October 2024<\/strong><\/td>\n<\/tr>\n<tr data-start=\"1425\" data-end=\"1475\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1425\" data-end=\"1450\">October \u2013 March 2025<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1450\" data-end=\"1475\"><strong data-start=\"1452\" data-end=\"1471\">30th April 2025<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<h3 data-start=\"1482\" data-end=\"1522\"><span class=\"ez-toc-section\" id=\"Who_Are_%E2%80%9CSpecified_Companies%E2%80%9D\"><\/span><span style=\"color: #000080;\"><strong data-start=\"1488\" data-end=\"1522\">Who Are \u201cSpecified Companies\u201d?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"\" data-start=\"1524\" data-end=\"1591\">Any public or private company that meets both of the following:<\/p>\n<ul data-start=\"1593\" data-end=\"1711\">\n<li class=\"\" data-start=\"1593\" data-end=\"1639\">\n<p class=\"\" data-start=\"1595\" data-end=\"1639\">Has acquired goods\/services from an MSE.<\/p>\n<\/li>\n<li class=\"\" data-start=\"1640\" data-end=\"1711\">\n<p class=\"\" data-start=\"1642\" data-end=\"1711\">Payment to MSE exceeds 45 days from acceptance\/deemed acceptance.<\/p>\n<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Reminder_for_Filing_MSME_Form_I_for_the_Period_October_1_2024_to_March_31_2025\"><\/span><span style=\"color: #000080;\"><strong>Reminder for Filing MSME Form I for the Period October 1, 2024 to March 31, 2025<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The company has outstanding payments to MSE suppliers which are due for more than 45 days from the date of acceptance or the deemed date of acceptance of goods or services. This is to inform you that MSME Form I is due for filing for the half-year period from 1st October 2024 to 31st March 2025. The due date for filing the form with the Ministry of Corporate Affairs (MCA) is 30th April 2025.<\/p>\n<p>Action Required:\u00a0Identify MSME vendors from whom goods or services were procured during the above period. Check if any payments were outstanding for more than 45 days as on 31st March 2025. Ensure timely filing to avoid penalties and ensure compliance with Section 405 of the Companies Act, 2013 and related MCA notifications. Prepare and file MSME Form I on the MCA portal within the prescribed deadline.<\/p>\n<h3 data-start=\"1972\" data-end=\"2029\"><span class=\"ez-toc-section\" id=\"Steps_to_file_the_initial_return_MSME_Form_I\"><\/span><span style=\"color: #000080;\"><strong data-start=\"1972\" data-end=\"2027\">Steps to file the initial return (MSME Form I):<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul data-start=\"2031\" data-end=\"2388\">\n<li class=\"\" data-start=\"2031\" data-end=\"2122\">\n<p class=\"\" data-start=\"2034\" data-end=\"2122\">Identify MSME vendors with outstanding dues &gt; 45 days as on 22nd January 2019.<\/p>\n<\/li>\n<li class=\"\" data-start=\"2123\" data-end=\"2216\">\n<p class=\"\" data-start=\"2126\" data-end=\"2216\">Obtain MSME Registration Certificates from such vendors to confirm their MSME status.<\/p>\n<\/li>\n<li class=\"\" data-start=\"2217\" data-end=\"2318\">\n<p class=\"\" data-start=\"2220\" data-end=\"2318\">Settle dues with such suppliers if possible to avoid the requirement of filing MSME Form 1.<\/p>\n<\/li>\n<li class=\"\" data-start=\"2319\" data-end=\"2388\">\n<p class=\"\" data-start=\"2322\" data-end=\"2388\">If dues remain unpaid for &gt; 45 days, file MSME Form I accordingly.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"2593\" data-end=\"2629\"><span class=\"ez-toc-section\" id=\"Penalty_for_Non-Compliance_of_Filing_MSME_Form_I\"><\/span><span style=\"color: #000080;\"><strong data-start=\"2599\" data-end=\"2629\">Penalty for Non-Compliance of\u00a0<\/strong><strong>Filing MSME Form I<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"\" data-start=\"2631\" data-end=\"2677\">Under Section 405(4) of the Companies Act:<\/p>\n<ul data-start=\"2679\" data-end=\"2811\">\n<li class=\"\" data-start=\"2679\" data-end=\"2714\">\n<p class=\"\" data-start=\"2681\" data-end=\"2714\">Company: Fine up to \u20b925,000<\/p>\n<\/li>\n<li class=\"\" data-start=\"2715\" data-end=\"2811\">\n<p class=\"\" data-start=\"2717\" data-end=\"2811\">Directors\/Officers: Fine from \u20b925,000 to \u20b93,00,000 or imprisonment up to 6 months, or both<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"2818\" data-end=\"2838\"><span class=\"ez-toc-section\" id=\"Exemptions_for_Filing_MSME_Form_I\"><\/span><span style=\"color: #000080;\"><strong data-start=\"2824\" data-end=\"2838\">Exemptions for <\/strong><strong>Filing MSME Form I<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Companies are not required to file MSME Form 1 if:<\/p>\n<ul data-start=\"2892\" data-end=\"3041\">\n<li class=\"\" data-start=\"2892\" data-end=\"2916\">No MSE suppliers exist<\/li>\n<li class=\"\" data-start=\"2917\" data-end=\"2961\">Payment to MSEs is made within 45 days<\/li>\n<li class=\"\" data-start=\"2962\" data-end=\"3041\">Supplier declares in writing that they do not fall under MSE category<\/li>\n<\/ul>\n<p><em data-start=\"3043\" data-end=\"3135\">It is advisable to obtain a declaration from every supplier confirming their MSME status)<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Overview MSME Form 1\u00a0Due Dates and\u00a0filling Procedure MCA throght MCA notification No S.O. 5622(E), 2.11.2018 has directed that Every Company, whether private\/ public \/ OPC who gets supplies of goods or\u00a0services from micro and small enterprises\u00a0and whose payments to MSEs Suppliers more than 45 days from the Date of Acceptance* or the Date of Deemed &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[647],"tags":[883],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8923"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=8923"}],"version-history":[{"count":3,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8923\/revisions"}],"predecessor-version":[{"id":8927,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8923\/revisions\/8927"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=8923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=8923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=8923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}