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.
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.
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.
Micro or Small enterprises having valid Udyam Registration (earlier UAM/Udhyog Adhar no.) can furnish.
Read Also: Brief Procedure of MSME Registration in India with Key Benefits
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:
After you log in with the correct credential you shall be redirected to your dashboard in which various actions can be performed.
An advisory has been released by the Goods and Services Tax Network (GSTN) which notifies…
It was cited by the Delhi HC that the two adjudication orders against one SCN…
The Central Board of Direct Taxes (CBDT) in an update for the taxpayers via the…
In October, Gross GST collection surged to 9% to Rs 1.87 lakh crore, the second…
Goods and Services Tax (GST) is to get paid on the procurement of materials and…
The Bombay High Court carried that as the revocation orders for the registration cancellation on…
View Comments
when I try to file a case it shows "In case enterprise filing application for uam unit, the date of invoice in dispute should be earlier than (x)date." what does it mean.
I am having the same problem and like typical government work there is no visible solution to this problem. The original version of this portal was much better. I had filed a complaint without a hassle. The new government had no business to meddle with it but they have done it as they have done with Income Tax and many other things.
Msme samadhan ka kam he
I want to know about the process of filing of reference application to MSEFC through offline mode and about the process fee that need to pay for this purpose.???