CA. jalpesh vaghela (B.COM, F.C.A) (112 Points)
06 February 2019Recently MCA came with notification of reporting of outstanding dues to MSME exceeding 45 days on 22.01.2019. So my question is whether MSME includes Traders ???
The definition of MSME only clarifies of manufacturing and service provider category, no where mention about Traders.
So whether to report outstanding dues to Traders in MSME Form ???
vaibhav
(student)
(253 Points)
Replied 06 February 2019
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 07 February 2019
Pl refer attached clarification for activities to be excluded from MSME.
Thanks
Muralidharan
(Self Employed)
(1034 Points)
Replied 15 February 2019
Only such creditors who have filed a Memorandum with MSME department and obtained a certificate from the department will come under the purview of MSME. The company has to contact all creditors and ask them to submit the copy of certificate. If any creditor is not registered as MSME then there is no need to disclose his dues in Form MSME I
with regards
Muralidharan
CAclubindia
