Isaac And Suresh Chartered Accountants

Back to Updates

MCA has notified half yearly monthly return of all companies to be filed on respective due dates and the initial return due on 22nd February 2019.

All companies, who get supplies of goods or services from MSME and whose payments to MSME suppliers exceed 45 days from the date of acceptance shall file a Half year to MCA.

Time Lines for filing:

Sl no	Return period	Due date
1	Initial return as on 22 January 2019	22nd February 2019 (30 days from the date of Notification).
2	April to September	31st October
3	October to March	30th April

Following are the Contents of the Return

A. Total Outstanding dues as on Return period.

Financial Years/Particulars	Name of the Supplier	PAN of the Supplier	Amount Due	Specify the date from which is due

B. Reason of Delay if any

Identification of MSME for the purpose of filing the form is very Key for the compliance.

MSMEs can be identified by obtaining the Udyog Aadhar Memorandum (UAM) number from the supplier and verify it from the link. Verify UAM.

Therefore kindly obtain the UAM of all suppliers for the purpose.

For notification Click Source MCA

Half yearly returns for MSMEs notified by MCA.