Msme act 2006??

sunil vyas (M.COM CS(Professional) CA (final)(Senior)   (225 Points)

15 July 2016  

Hello ..Just want to clarify that is it necessary for Micro,Small,Medium enterprise to give self declaration to compnay to whom they are supplying materials to declare that they belong to that category and if  they didn't declare then what penalty are imposed on such MSME entity???