MSME Samadhaan Portal, filing an application under MSEFC with simplicity, a feature introduced from Ministry of MSME, Govt. of India. Section 16 of the MSMED Act, mentions that the liability for the interest payment of the buyer with the month period lies with the supplier if the issue is delayed or the non-payment. The late payment interest is then computed thrice as per the bank rates defined by the RBI.
Also, the reference has done towards the MSEFC should be done within the tenure of 90 days from the starting date of the considered date. If the filing is done by a non-supplier and still wants to continue with the appeal he has to keep 75% amount before the authority decides the further decision.
MSME Samadhaan Portal Concerned Law
The provisions of late payment in the Micro, Small, and Medium Enterprise Development (MSMED) Act, 2006 with the concern of Payment to Micro and Small Enterprise (MSEs). Also the (Section 15- 24) from the state government for the establishment of Micro and Small Enterprise Facilitation Council (MSEFC) for dispute settlement on the references/filing on Delayed payments. (Section 20 and 21).
Towards the recipient of MSMED Act 2006 that shows a 45 day credit period pointing to any goods and services to furnish to the MSME supplier. Towards saving the interest of the MSME business the same makes them able to straightly enrol their cases towards the late payments through the central Ministries/Departments/CPSEs/State Governments.
The Micro, Small, and Medium Enterprise (MSME) started the MSME Samadhaan portal to develop the same in simpler excess towards the MSMEs.
Nature of Assistance MSEFC
Micro and Small Enterprises Facilitation Council (MSEFC) towards the state post investigating the case furnished through the MSE unit shall provide the coordinates to the purchaser unit towards the payment of the left amount including the interest under the provision beneath the MSMED act 2006.
Features of MSME Samadhaan Portal
Micro or Small enterprises having valid Udyam Registration (earlier UAM/Udhyog Adhar no.) can furnish.
- The purchaser enables to file the compound interest within the monthly rates to the supplier in the amount of the 3 times the bank rate provided through RBI in case he does not perform the payment to the supplier towards his supplies of goods or services under 45 days of the acceptance towards the goods or service implemented (section 16).
- Notification from State Governments (i) Authority for filing Entrepreneur Memorandum (ii) Rules of MSEFC and (iii) Constitution of MSEFC.
- Authority publication from the All States/UTs for the Entrepreneurs Memorandum filing (i.e. except Arunachal Pradesh, Assam and Manipur) have mentioned the provisions of MSEFC, and all the 36 States/UTs have ordered MSEFCs, under the provisions set down beneath MSMED Act 2006.
- Every reference performed to MSEFC will be decided under the time duration of 90 days from the date of a reference under the provisions rely on the act.
- If the petitioner not as a supplier urged to furnish the petition then there will be no application preferring to putting apart any decree or grant through the MSEFC will be seen through any court if the petitioner is not the supplier has deposited through it the 75% of the award amount (section 19).
Read Also: Brief Procedure of MSME Registration in India with Key Benefits
Steps to Furnish the Case Upon MSME Samadhaan Portal
- Go to the https://samadhaan.msme.gov.in
- Tap on Case filing Entrepreneur/MSME unit tab
- You can log in within Udyog Aadhaar Number or Udyam Registration Number
- Next, add your enrolled Mobile no and verify with OTP.
- Insert the information of MSME such as E-mail, Amount payable, Buyer information, information related to Permanent Account Number (PAN) card, and others.
- Documents needed
- Work orders of Respondent
- Invoices made by you towards those work orders
- Provide the confirmation that all the information furnished through you is real.
How to Check the Case Status on the MSME Samadhaan Portal?
Post to the filing of the case you can verify the status of your case on the check case status tab post to follow the mentioned below steps:
- Enter the real User Id or correct case no.
- Enter the correct verification code as mentioned in the captcha image.
- The verification code is not case sensitive
- Tap on the login button
After you log in with the correct credential you shall be redirected to your dashboard in which various actions can be performed.
