The MSME Udyam Portal has introduced a new feature allowing businesses to easily verify Udyam Registration numbers without needing an OTP. This update is particularly important following the recent amendment to Section 43B(h) of the Income Tax Act, which requires businesses to confirm the authenticity of supplier MSME numbers for tax purposes. The feature provides detailed information about the registration, aiding in compliance and transparency.
In a move aimed at enhancing transparency and facilitating compliance, the MSME Udyam Portal has rolled out a significant update introducing a user-friendly feature that allows seamless verification of Udyam Registration numbers. This feature comes at a critical juncture, aligning with the recent am
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FAQ :
The MSME Udyam Portal has launched a new feature that allows users to effortlessly verify Udyam Registration numbers.
No, the new verification feature does not require an OTP, making the process quicker and simpler.
It is crucial due to the recent amendment to Section 43B(h) of the Income Tax Act, which mandates businesses to verify supplier MSME numbers for income tax compliance.
You can access details such as the activity type (Manufacturing/Trading), yearly classification (Micro/Small/Medium), and other relevant information associated with a Udyam Registration number.
You can access the feature directly via the link: https://udyamregistration.gov.in/Udyam_Verify.aspx