MSME Form-1 (Half-Yearly Return)
Reporting dues to micro and small suppliers outstanding beyond 45 days
- 1ClassifySuppliers tagged as micro/small/medium.
- 2AgeDues older than 45 days identified.
- 3FileMSME-1 filed by the half-yearly due date.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About MSME Form-1 (Half-Yearly Return)
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
Companies that owe micro or small enterprises for more than 45 days must file MSME Form-1 on the MCA portal twice a year: by 30 April for the October–March half and by 31 October for the April–September half, giving supplier-wise outstanding amounts and reasons for delay. Dues to medium enterprises are not reported.
The form comes from the MSMED Act's 45-day payment rule. To file it, the company needs to know which suppliers are Udyam-registered micro or small enterprises — so supplier master data is where the work starts.
The same 45-day rule now also drives income tax: under Section 43B(h), payments to micro and small enterprises beyond the permitted time are deductible only in the year they are actually paid. We use one supplier classification for both.
| Who files | Companies with dues to micro/small suppliers beyond 45 days |
|---|---|
| Due dates | 30 April (Oct–Mar) and 31 October (Apr–Sep) |
| Not reported | Dues to medium enterprises |
| Related tax rule | Section 43B(h) disallowance until payment |
Who this is for
Common scenarios where this service is a good fit.
- Companies buying from MSME suppliers
- Companies with stretched payment cycles
- Larger buyers whose tax audit report must disclose delayed MSME payments
What you get
Clear deliverables so you know exactly what's included.
- Supplier MSME classification
- Ageing of dues
- MSME-1 filing
- 43B(h) tie-in for tax audit
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
Suppliers tagged as micro/small/medium.
Dues older than 45 days identified.
MSME-1 filed by the half-yearly due date.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- Fixed quote on WhatsApp after a short look at your facts and documents.
- Government fees, if any, are paid at actuals and shown separately.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
Fee adjusted against our service fee if you go ahead within 30 days.
- Priority CA Call-backSkip the queue — a CA calls you within 30 minutes.₹255
- RecommendedCA Consultation (30 min)Talk one matter through properly with a CA.₹755
- In-depth CA Review (60 min)Documents reviewed before the call, written action plan after.₹1,155
Call-backs run Mon–Sat, 9 AM–6 PM IST. Booked outside these hours? We call you first thing the next working morning.
Compare the 3 plansFrequently asked questions
Answers to the most common questions we get.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
