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MSMED Act

Latest Articles


Why Many MSMEs Become Profitable on Paper but Sick in Reality

Finance : An analysis of why MSMEs report profits on paper but face cash shortages, repayment pressure, weak liquidity, and operational fina...

May 10, 2026 807 Views 0 comment Print

Common Mistakes That Lead to Rejection of Subsidy Claims in India

Finance : A practical guide on common mistakes that lead to rejection of subsidy claims in India, covering planning, compliance, documentati...

May 3, 2026 549 Views 0 comment Print

MSME-1: A Small Compliance with Real Consequences

Company Law : Recent ROC orders confirm that failure to file MSME Form 1 is no longer treated as a minor lapse. Non-filing leads to adjudication...

April 13, 2026 1017 Views 0 comment Print

Form MSME-1 Filing What Every Company Must Know

Company Law : The case clarifies that MSME-1 filing is triggered when payments to MSME suppliers exceed the 45-day limit. It emphasizes that eve...

April 13, 2026 2187 Views 0 comment Print

MSME Form 1: Comprehensive Compliance Guide under Section 405 of Companies Act, 2013

Company Law : Companies that settle all MSME dues within 45 days are not required to file MSME Form 1 under original provisions. The rule focuse...

April 11, 2026 1134 Views 0 comment Print


Latest News


New Digital Credit Assessment Model for MSME Loans

Corporate Law : A new digital credit model for MSMEs leverages data from sources like GST and ITRs for faster loan approvals, reducing paperwork a...

July 31, 2025 897 Views 0 comment Print

Actions on Companies’ Delayed MSME Dues

Company Law : Indian government outlines measures against companies not paying MSME dues, including mandatory reporting, penalties, SAMADHAAN po...

July 21, 2025 1602 Views 0 comment Print

Govt Eases GST Compliance for MSMEs & Small Taxpayers

Goods and Services Tax : Govt introduces GST reforms to simplify compliance for MSMEs, including higher turnover limits, quarterly returns, and digital pay...

March 26, 2025 1404 Views 0 comment Print

MSME Investment and Turnover Limits to Be Enhanced

Corporate Law : Union Budget 2025-26 enhances MSME investment and turnover limits, increases credit guarantees, introduces new schemes for women a...

February 1, 2025 2016 Views 0 comment Print

Criteria for MSME Loans and Government Measures

Finance : The Government outlines criteria and steps to improve MSME loan access, including collateral requirements, schemes, and credit fac...

December 11, 2024 1392 Views 0 comment Print


Latest Judiciary


Reversal of Unclaimed MSMED Interest Cannot Trigger Tax Addition

Income Tax : The ITAT held that reversal of MSMED Act interest cannot be taxed if the provision was never claimed as a deduction. The matter wa...

January 8, 2026 249 Views 0 comment Print

Delhi HC Orders Release of Startup Imports Despite Minor Misdeclaration – Fabie Baby Case

Custom Duty : Delhi High Court orders release of a startup's goods held by Customs, citing an inexplicable delay and directing a review of polic...

September 10, 2025 459 Views 0 comment Print

MSME must notify lending bank about eligibility to get benefit of Framework

Corporate Law : Supreme Court held that Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises does require MSME to notif...

August 18, 2025 348 Views 0 comment Print

Kerala HC Denies QCO Exemption to Retail Trader Under MSMED Act

Corporate Law : Kerala HC holds that a retail plywood importer cannot claim delayed BIS compliance under QCO 2024, as MSME benefits are limited to...

July 28, 2025 723 Views 0 comment Print

Limitation Act applies to MSMED arbitration but not to conciliation: SC

Corporate Law : Supreme Court rules Limitation Act applies to MSMED arbitration but not conciliation, clarifying recovery of time-barred debts und...

July 21, 2025 4569 Views 0 comment Print


Latest Notifications


MSME-1 Filing Delays Lead to Maximum Penalties Under Companies Act

Company Law : Repeated delays in filing MSME returns resulted in penalties reaching the statutory cap. The decision highlights strict enforcemen...

January 6, 2026 783 Views 0 comment Print

Massive MSME Filing Delays Lead to Maximum Penalty Under Companies Act

Company Law : MSME-1 filings delayed by over two years attracted the highest statutory penalties. The ruling signals strict enforcement where no...

January 6, 2026 456 Views 0 comment Print

Interest Subvention Scheme Boosts MSME Export Credit

DGFT : The government introduces 2.75% interest relief on pre- and post-shipment export credit, helping MSMEs access cheaper working capi...

January 2, 2026 2427 Views 0 comment Print

MSME ODR Portal Mandatory for New Delayed Payments

Corporate Law : The Ministry of MSME mandates that all new delayed payment cases under the MSMED Act must be filed on the new MSME ODR Portal star...

October 3, 2025 2184 Views 0 comment Print

Govt notifies MSME Payment Delay Reporting Rule for Companies

Corporate Law : Companies must report delayed payments over 45 days to MSMEs in a half-yearly return to the Ministry of Corporate Affairs under MS...

March 25, 2025 8847 Views 0 comment Print


Representation on Disallowance under Section 43B(h) of Income Tax Act, 1961

January 30, 2024 6579 Views 0 comment Print

Read the Karnataka State Chartered Accountants Associations representation on the challenges and proposed solutions regarding disallowance under Section 43B(h) of the Income-tax Act, 196

Provision of Section 43B(h) not applicable to Wholesale and Retail Trade

January 30, 2024 63816 Views 10 comments Print

Explore the amendment in Section 43B(h) of the Income Tax Act, 1961, excluding Wholesale and Retail Traders. Learn how it affects delayed payments and MSME benefits.

Demystifying Section 43B(h) of Income Tax Act: Implications for Businesses & FAQs

January 30, 2024 4545 Views 0 comment Print

Explore the implications of Income Tax Act Section 43B(h) for businesses, focusing on timely payments to MSMEs. FAQs provide clarity on covered expenses and compliance

Faster Mechanism of Recovery of Dues of SMEs

January 30, 2024 1752 Views 1 comment Print

Explore the fast-track recovery mechanisms for Small and Medium Enterprises (SMEs) through the MSME Samadhan Portal and recent amendments in Section 43B(h) of the Income Tax Law. Learn about registration, timelines, benefits, and legal implications for SMEs and corporate buyers.

Compliance Challenges & Ramifications of Section 43B(h) of Income Tax Act

January 29, 2024 4626 Views 0 comment Print

Explore the ramifications of Income Tax Act Section 43B(h) amendment, its impact on Micro and Small Enterprises (MSMEs), compliance challenges, and potential consequences for businesses

Section 43B Amendments: FAQs on Timely Payments to MSMEs

January 29, 2024 30618 Views 3 comments Print

Understand recent amendments to Section 43B of Income Tax Act, emphasizing prompt payments to MSMEs. Explore FAQs for clarity on compliance, consequences, and practical implications.

Repercussions of Delayed Payment to Micro and Small Enterprises- FAQs

January 28, 2024 37839 Views 2 comments Print

Explore the repercussions of delayed payments to Micro and Small Enterprises (MSMEs) under the MSMED Act and Section 43B(h) of the Income Tax Act. FAQs and comprehensive insights provided.

Section 43B(h): Time Limits and Eligibility Criteria

January 28, 2024 42702 Views 5 comments Print

Explore Section 43B(h) of Income Tax Act introduced in AY2024-25. Learn about payment deadlines for Micro and Small Suppliers, eligibility criteria, and implications for taxpayers.

Amendment in Section 43B: Impact on MSME Payments and Tax Liability

January 28, 2024 10491 Views 6 comments Print

Explore recent amendment in Section 43B of the Income Tax Act, 1961, affecting MSME payments, tax liability, and practical implications. Understand time limits and consequences.

Crown’s preferential right of recovery of debts does not extend to secured creditors

January 28, 2024 1512 Views 0 comment Print

Mankind Life Sciences Private Limited Vs State of Himachal Pradesh & Anr (Himachal Pradesh High Court) The legal landscape surrounding the priority of dues in cases involving secured creditors and government departments has been a matter of judicial scrutiny. A recent case, Mankind Life Sciences Private Limited Vs State of Himachal Pradesh & Anr, heard […]

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