The Ministry of Corporate Affairs has notified that the MSME e-form can be downloaded from MCA 21 Company forms page from May 1, 2019. The form is required for furnishing half-yearly returns with the registrar in respect of outstanding payments to SMEs.
The notification issued by the Ministry of Corporate Affairs stated that all companies who get supplies of goods or services from micro and small enterprises and whose payments to these enterprise suppliers exceed 45 days from the date of acceptance or the date of deemed acceptance of the goods or services as per the provisions of Section 9 of the MSMEs Development Act, 2006 (27 of 2006), shall submit a half-yearly return to the Ministry of Corporate Affairs stating the amount of payment due. They should also state the reasons for the delay.
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