Sundry creditors
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 August 2011
What is the need of showing sundry creditors amount from micro enterprises and small enterprises separately from others as per Schedule VI.
Thanks in advance
Thanks in advance
16 August 2011
Pl refer MSMED ACT, 2006. This will help u in understanding the reason behind this.
16 August 2011
The name(s) of the small-scale undertaking(s) to whom the company owes a sum exceeding Rs. 1,00,000/- together with interest which is outstanding for more than 30 days are to be disclosed being a statutory stipulation vide MCA Notification GSR 719(E) dated 16/11/2007.
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