Extension of last date for filing initial return in MSME Form I

Ministry of Corporate Affairs (MCA), vide issue of notification on January 22, 2019, had directed every specified to file details in MSME Form I of outstanding dues to Micro or small enterprises suppliers existing on date of notification of the order within 30 days from the date of publication of this notification (i.e, February 21, 2019).

However, pending the deployment of MSME Form I on MCA 21 portal and in order to avoid inconvenience to stakeholders, MCA, vide issue of General Circular No 01/2019 dated February 21, 2019, has clarified that the above-mentioned period of 30 days shall be reckoned from the date the said e-form is deployed on MCA 21 portal.

Copy of general circular is attached for reference.

NASSCOM’s earlier policy brief on the subject is accessible here:

Company Rules Update: Reporting for delayed payment to micro and small enterprises


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