Filing of e form MSME (Half yearly compliance)

Core Services

• Form Preparation: Experts will collect necessary data, verify information, and accurately prepare the e-Form MSME on your behalf.
• Data Verification and Reconciliation: They ensure that the data provided is accurate and consistent with financial records.
• Compliance Checks: Professionals will review your business operations to ensure compliance with MSME regulations and avoid penalties.
• Online Filing: They will electronically submit the completed e-Form MSME to the appropriate authorities.
• Acknowledgment and Follow-up: They will obtain acknowledgment of receipt and provide updates on the filing status.

Additional Services

• MSME Advisory: They can offer guidance on MSME registration, eligibility criteria, and related compliance matters.
• Financial Analysis: Some firms provide financial analysis to help businesses understand their MSME status and obligations.
• GST and Tax Compliance: Many companies offer integrated services, including GST and tax compliance, to streamline the overall process.
• Regulatory Updates: They keep clients informed about changes in MSME regulations and their impact on the business.

• Consultation and Assessment: Reviewing the eligibility criteria and requirements for filing e-form MSME (Half yearly compliance). Advising on the documents and information needed for accurate filing.
• Document Preparation: Assisting in the preparation of necessary documents such as financial statements, MSME registration certificate, and other supporting paperwork
• Form Completion and Submission: Completing the e-form MSME (Half yearly compliance) accurately and ensuring all required fields are filled correctly. Handling the electronic submission to the Ministry of Micro, Small & Medium Enterprises (MSME) or relevant authority.
• Compliance Verification: Verifying that the information provided in the e-form is compliant with current regulatory requirements and guidelines.
• Record Maintenance: Organizing and maintaining records of filed e-forms and supporting documents for future reference and audits.
• Deadline Management: Ensuring timely submission of the e-form MSME (Half yearly compliance) to avoid penalties or non-compliance issue

To accurately and efficiently file e-Form MSME (Form MSME-1) for half-yearly compliance, you'll need to gather specific information and potentially supporting documentation.

Company-Related Information:

• Company Identification Number (CIN): A unique 21-digit code assigned to every registered company in India.
• PAN (Permanent Account Number): The unique 10-digit alphanumeric code allotted to every income tax assessee.
• Company Name: The official legal name of the company as registered with the Registrar of Companies (ROC).
• Registered Office Address: The complete address of the company's registered office.
• Email ID of Authorized Signatory: The email address of the person authorized to sign the form.

Supplier-Related Information:

• MSME Supplier's Name: The full legal name of the Micro, Small, and Medium Enterprise supplier.
• MSME Supplier's PAN: The PAN of the MSME supplier.
• Outstanding Amount: The exact amount owed to the MSME supplier as of the reporting date.
• Due Date: The date on which the payment was originally due.
• Reason for Delay (if any): A clear and concise explanation for any delay in payment beyond the due date.
• Invoice or Purchase Order Number (if applicable): The unique identifier for the transaction.

Supporting Documentation (Optional but Recommended):

• Copies of Invoices: These can be used as evidence of the transaction and the amount owed.
• Payment Records: Bank statements or payment vouchers can verify the payment status.
• Communication with Suppliers: Emails or letters regarding the delayed payment and any agreements reached can be helpful.

Digital Signature Certificate (DSC):

• A DSC of an authorized signatory is mandatory for digitally signing the e-form.

Note: While the form itself might not require physical copies of these documents, having them on hand is crucial for verification and potential audits. Accurate and complete information is essential to avoid penalties and ensure compliance.