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                                          Filing of MSME Return

Compliance of ROC Work

1. Filing of MSME Return

2. Filing of DPT-3

3. Director KYC

4. ADT-1

5. AOC-4

6. MGT-7…etc various things

Filing of MSME Return

filling of msme return

filling of msme return

The Ministry of Corporate Affairs (MCA) issued a notification that specific companies having outstanding dues to the MSME (Micro, Small and Medium) enterprises have to file the particulars of all current outstanding dues in Form MSME with the ROC (Registrar of Companies). Companies need to identify if their suppliers are registered or not under the MSME Act, 2006. When the suppliers are registered under the MSME Act, and there are outstanding dues by a company to the MSME suppliers, it must file Form MSME.

who should file form MSME ?

The filing of the MSME (Micro, Small, and Medium Enterprises) form is typically associated with the registration process under the MSMED Act. Here are the key points regarding who should file the MSME form:

1. MSME Registration:

   – Any enterprise that falls under the definition of a micro, small, or medium enterprise can file for MSME registration.

2. Eligibility Criteria:

   – The eligibility criteria for classification as micro, small, or medium enterprises are based on investment in plant and machinery (for manufacturing enterprises) or equipment (for service enterprises), along with turnover.

3. Manufacturing and Service Enterprises:

   – The MSME registration is applicable to both manufacturing and service enterprises.

4. Voluntary Registration:

   – While MSME registration is not mandatory, it is beneficial for enterprises as it provides access to various government schemes, incentives, and credit facilities.

5. Sole Proprietorships, Partnerships, and Companies:

– MSME registration is available for various types of business structures, including sole proprietorships, partnerships, and companies.

6. Udyam Registration Portal:

   – The registration process is usually done through the Udyam Registration Portal (, where businesses can provide necessary details and documentation.

7. Verification and Approval:

   – Once the information is submitted, the concerned authorities verify the details, and upon approval, a unique Udyam Registration Number is generated.

8. Benefits of MSME Registration:

  – MSME registration provides various benefits, including priority lending from banks, subsidies, and exemptions under certain government schemes.

9. Renewal of Registration:

   – The registration needs to be renewed periodically, and it’s important for businesses to keep their information updated.

If in doubt, seeking professional advices like LEGATO BUSINESS SOLUTION LLP  or contacting the appropriate government department can provide the most accurate and up-to-date information.

Purpose of Filing Form MSME-1 : -

Here are the key purposes of filing Form MSME-1:

1. Reporting Outstanding Payments:

   – The primary purpose of Form MSME-1 is to report details of outstanding payments due to Micro and Small Enterprises by specified companies.

2. Compliance with MSMED Act:

– The filing is in line with the compliance requirements outlined in the MSMED Act, which aims to promote and facilitate the development of Micro, Small, and Medium Enterprises.

3. Ensuring Timely Payments:

   – By requiring companies to disclose information about their payments to MSEs, the intention is to encourage timely payments to smaller enterprises, which often face challenges related to cash flow.

4. Promoting Fair Business Practices:

   – The disclosure requirement promotes fair business practices and supports the growth and sustainability of Micro and Small Enterprises by ensuring that they receive payments within the stipulated time.

5. Government Monitoring and Support:

– The information collected through Form MSME-1 enables the government to monitor the payment patterns of specified companies and provides insights into the effectiveness of policies related to MSEs.

It’s important to note that regulations and forms can be updated, and new information may have emerged since my last update. Therefore, for the most accurate and current details regarding Form MSME-1 and its purpose, it’s recommended to refer to the latest notifications and guidelines provided by the Ministry of Corporate Affairs or relevant authorities in your jurisdiction.