The notification mandates that all companies that procure goods or services from micro and small enterprises (MSEs) must submit a half-yearly return to the Ministry of Corporate Affairs (MCA) if their payments to these MSEs exceed 45 days from the date of acceptance (or deemed acceptance) of the goods or services.
Key Changes
Companies are required to disclose the amount of payments due to MSE suppliers.
Companies are required to disclose the reasons for any delays in payments to MSE suppliers exceeding 45 days.
The reporting frequency is half-yearly.
Impact Analysis
Impact on Companies
May lead to improved payment discipline towards MSEs by larger companies.
Impact on Micro and Small Enterprises (MSEs)
May empower MSEs to negotiate better payment terms with larger companies.
Impact on Ministry of Corporate Affairs (MCA)
May require the MCA to develop systems for collecting and analyzing the half-yearly returns.
Suggested Action Items for Companies
Engage with MSE suppliers to understand their concerns and address any payment-related issues.
Key Entities Referenced
Ministry of Micro, Small and Medium Enterprises: The government ministry responsible for policies and programs related to the development of micro, small, and medium enterprises.
Ministry of Corporate Affairs: The government ministry responsible for regulating corporate affairs in India.
Micro, Small and Medium Enterprises Development Act, 2006: The Act that provides the legal framework for the development and regulation of micro, small, and medium enterprises in India.
Section 9 of the Micro, Small and Medium Enterprises Development Act, 2006: Section that grants powers to the Central Government.
Section 15 of the Micro, Small and Medium Enterprises Development Act, 2006: Section related to liability of buyer to make payment.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-25032025-261943
CG-DxLx-xEG-I2D5H0x3x2x0 25-261943
xxxGIDExxx
असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 1358] नई दिल्ली, मगं लिार, माच च25, 2025/चत्रै 4, 1947
No. 1358] NEW DELHI, TUESDAY, MARCH 25, 2025/CHAITRA 4, 1947
सक्ष्ू म, लघ ुऔर मध्यम उद्यम मत्रं ालय
अजधसचू ना
नई दिल्ली, 25 माच,च 2025
का.आ. 1376(अ).—केंद्रीय सरकार सूक्ष्म, लघु और मध्यम उद्यम जिकास अजधजनयम, 2006 (2006 का 27) की
धारा 9 द्वारा प्रित्त िजियों का प्रयोग करते हुए और उि अजधजनयम की धारा 15 के साथ पठित, जनििे िेती ह ै दक सभी
कंपजनयां िो सूक्ष्म और लघु उद्यमों से िस्ट्तुओं या सेिाओं की आपूर्तच प्राप्त करती ह ैं और जिनके सूक्ष्म और लघु उद्यम
आपूर्तचकताचओं को भुगतान उि अजधजनयम के उपबंधों के अनुसार िस्ट्तुओं या सेिाओं की स्ट्िीकृजत की तारीख या समझी गई
स्ट्िीकृजत की तारीख से पतैं ालीस दिनों से अजधक है, िे जनम्नजलजखत बतात े हुए कारपोरेट काय च मंत्रालय को एक अधचिार्षचक
जििरणी प्रस्ट्ततु करेंग:े
(क) िेय भगु तान की राजि; और
(ख) िेरी के कारण।
[फा. सं. 16/8/2018/ई-पीएंडिी/नीजत]
डॉ. रिनीि, अपर सजचि एिं जिकास आयुि
2031 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES
NOTIFICATION
New Delhi, the 25th March, 2025
S.O. 1376(E).—In exercise of powers conferred by section 9 of the Micro, Small and Medium Enterprises
Development Act, 2006 (27 of 2006) and read with section 15 of the said Act, the Central Government hereby directs
that all companies who get supplies of goods or services from micro and small enterprises and whose payments to micro
and small enterprise suppliers exceed forty five days from the date of acceptance or the date of deemed acceptance of
the goods or services as per the provisions of the said Act, shall submit a half yearly return to the Ministry of Corporate
Affairs stating the following:
(a) the amounts of payments due; and
(b) the reasons of the delay.
[F. No. 16/8/2018/E-P&G/Policy]
Dr. RAJNEESH, Addl. Secy. and Development Commissioner
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.