E-Commerce Compliance in India: GST, TDS & TCS
MSME SAMADHAAN - Way to recover pending dues from Customers by MSME Vendors
The Indian government has taken so many initiatives to protect the payments of registered Micro, Small or Medium Enterprises (MSMEs). A company or any other entity who have registered themselves under MSME and facing problems to recover long pending dues from their customers may approach the MSME department to take action against them. Following process shall be followed by such MSMEs entity:
IMPORTANT FAQs: Q.1 What is MSME Samadhaan Portal? Ans: MSME Samadhaan is a Portal created by Office of DC(MSME), Ministry of Micro, Small and Medium Enterprises (MSME) where Micro and Small Enterprises (MSEs) can file their applications online regarding delayed payments. Q.2 Do Ministry of MSME take action on applications filed on MSME Samadhaan Portal? Ans: No, MSME SAMADHAAN online portal is developed by Ministry of MSME only to facilitate MSEs filing of their applications regarding delayed payments online. The application once filed is forwarded automatically online to the concerned Micro and Small Enterprise Facilitation Council (MSEFC) established by the State/UTs as per the provisions of MSMED-Act 2006. Action on the applications regarding delayed payment is taken by the concerned MSEFC only. Q.3 Is filing of Udyog Aadhaar Memorandum (UAM) Mandatory to file applications on MSME Samadhaan Portal? Ans: Yes, UAM is mandatory to file applications online on MSME Samadhaan Portal. Q.4 How can I get Udyog Aadhaar Memorandum (UAM) Number? Ans: Registration for Udyog Aadhaar can be done online on the official website of Ministry of MSME. Our team of experts can also help you get this registration done. You can go to service page by clicking here and read more about MSME registration & it’s benefits. Q.5 Is it mandatory to file Delayed Payment Applications online on MSME Samadhaan Portal only? Ans: No. MSME Samadhaan Portal has been created only to facilitate online applications regarding delayed payments. Physical applications can also be filed at the concerned MSEFC. Q.6 Who can convert the application into Regular Reference Petition/claim case? Ans: The applications are converted into case by the concerned MSEFC. Q.7 If there is no action on an application filed by MSEs, whom to contact? Ans: After submission, the application is automatically forwarded online to concerned MSEFC. Therefore, concerned MSEFC is to be contacted after filing the application online on MSME Samadhaan Portal. The contact address of concerned MSEFC is mentioned on the acknowledgement sent on the registered email of the applicant. Q.8 Is work order compulsory to file application on MSME Samadhaan Portal? Ans: Yes, work order is compulsory. In case purchase order is oral an affidavit to that effect is to be submitted. Q.9 How to upload multiple invoices? Ans: Multiple invoices can be combined into single PDF and can be uploaded. The affidavit of oral purchase order is to be included in single PDF. Q.10 On which email OTP is sent? Ans: The OTP is sent to the registered email ID in Udyog Aadhaar. Q.11 What is the time limit for MSEFC to decide the Case? Ans: 90 days from making such reference to MSEFC. We hope this article will help you to get back your hard-earned money. Written and Complied By – CS Akash Goel (Senior Secretarial Consultant at StartUp Movers; akash@startup-movers.com; +91-995-367-2781) For any other details or information, feel free to reach us at info@startup-movers.com.