MSME Form I – Half yearly return to be filed with ROC

MSME FORM I

(Form for furnishing half yearly return with the registrar in respect of outstanding payments

to Micro or Small Enterprises.)

Relevant section of the Companies Act,2013

The e-Form MSME I is required to be filed under Order dated 22 January 2019 issued under Section 405 of the Companies Act, 2013.

Intent of the form MSME I

This form intends to notify the ROC about the default in the payment by Companies to their MSME (Micro and small) vendors.

Applicability:

Every company that fulfils the below-mentioned checkpoints is required to file an e-form MSME-1.

1. Company is having MSME register vendors.

2. Company made delay in payment to such MSME vendor more than 45 days from date of acceptance of goods/ services during the half-year stating the following:

3. The amount of payment due and

4. The reasons for the delay;

Applicable Due date of the from-

S.NO	Duration	Due date
1	Outstanding MSME Transactions for the half year ending April to September	October 31
2	Outstanding MSME Transactions for the half year ending October to March	April 30

Fees applicable-

There are no fees applicable for this form and there is no additional fees in delay filing of MSME-1

Certification of the from

The form has to be digitally signed by –

Director/Company Secretary/ CEO/ CFO/ Manager

• If the designation selected is director, please provide an approved DIN.
• If the designation selected is Manager or CEO or CFO, please provide a valid PAN.
• If the designation selected is Company Secretary, then Please provide a valid Membership number in case of other than Section 8 company.
• In case of Section 8 company and if designation selected as ‘company secretary’, then please provide either the membership number or PAN

Processing Type

The form will be processed in STP mode.

SRN Generation

On successful submission of the e-Form MSME FORM I, SRN will be generated and shown to the user which will be used for future correspondence with MCA.

Challan Generation 

On successful submission of the e-Form MSME FORM I, a challan will be generated depicting the details of the fees paid by the the user to the Ministry

Penalty

In case, the  Company filed the form after the due date,  then such company is liable for penalty u/s 405 of Companies Act, 2013.

ROC may issue notice of adjudication of penalty for delay filing of e-form.

Company	Director
Rs.25,000 & In continuing default Rs.1000 per day subject to limit of Rs. 3 Lakhs	Rs.25,000 & In continuing default Rs.1000 per day subject to limit of Rs. 3 Lakhs