Requirement of filing of form MSME-1

Filing MSME-1 Form As per the Companies Act, 2013, and the MSME Development Act, 2006, companies are required to file the MSME-1 form with the Registrar of Companies (ROC) if they have outstanding dues to Micro, Small, and Medium Enterprises (MSMEs) beyond the agreed payment period or 45 days, whichever is earlier. Key Point -

 *No Outstanding Dues*: If your company is regular in making payments to MSME suppliers within 45 days and has no outstanding dues beyond 45 days, you may not be required to file the MSME-1 form. Recommendations - *Verify Requirements*:

Verify the specific requirements and exemptions under the Companies Act, 2013, and MSME Development Act, 2006. -

No MSME-1 filing is required merely because the company has MSME suppliers. The half-yearly return under section 405 of the Companies Act, 2013 and the applicable rules is required where payments to micro or small enterprise suppliers remain outstanding for more than 45 days from acceptance or deemed acceptance of goods or services. If every such payment is made within 45 days, there is no reportable outstanding amount on that basis. Retain supporting records, including supplier classification and payment dates; the conclusion may differ if any payment crosses the statutory period.

Tracking supplier classification, invoice acceptance dates and payment timelines helps support the MSME-1 compliance position. Manual follow-up across invoices and ledgers is difficult, and automation reduces repetitive work while professional judgment remains in control. At Jir AI we provide 2,000+ AI agents and 650+ integrations to streamline your practice’s day-to-day workload. For a WhatsApp conversation about automating these workflows, message us here: https://wa.me/message/3HVOZ7HIY4ESC1

MSME-1 when payments are always within 45 days:

• MSME-1 is required for companies that get supplies from micro and small enterprises and whose payments exceed 45 days from acceptance. If no amount is outstanding beyond 45 days in a half-year, MSME-1 isn't required for that half-year.