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New Form MSME I

Notification No.: S.O. 2751(E) dated 15 July 2024

Relevant Act/Rules: Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order, 2019

Relevant Section / Rule: Para 3(i)

Effective Date: 15 July 2024

The Central Government has amended Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order, 2019 through Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Amendment Order, 2024 as follows:

 

A new provision to be inserted in Para 3(i) stating that only those Specified companies are required to file Form MSME -I whose payment to micro or small enterprises exceeds 45 days from the date of acceptance or deemed acceptance of goods/ services U/S 9 of Micro, Small and Medium Enterprises Development Act, 2006. Also new form MSME-I has been notified in lieu of the earlier form.

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