Overview
If your company has payments due to micro or small enterprise suppliers that remain outstanding beyond 45 days from acceptance of goods or services, this must be reported to the ROC via Form MSME-1 for each half-year period.
We identify qualifying outstanding payments from your vendor records, prepare the return, and file it for both half-yearly cycles so your company's payment practices stay transparent and compliant.
What's included
- Vendor payment review for MSME status
- Identification of qualifying outstanding dues
- MSME-1 preparation & filing
- Half-yearly tracking
Frequently asked questions
Who needs to file MSME-1?
Any company with outstanding payments to micro or small enterprise suppliers beyond 45 days, for the relevant half-year.
How often is it filed?
Twice a year, covering April–September and October–March.
What if we have no outstanding MSME dues?
No filing is required for a half-year with no qualifying outstanding payments.
Talk to us about MSME-1 Filing.
Rashmi K.S. & Associates · Practising Company Secretaries · Balewadi, Pune