LLP-8 Disclosures under MSME

Contents of eForm LLP-8

LLP-8 or Statement of Account & Solvency has following contents: LLP-8 Disclosures under MSME

Part A : Statement of Solvency

  • Statement of Asset and Liabilities  
  • Declaration of turnover exceeding or not INR 40 Lakhs
  • Obligation of contribution exceeding or not INR 25 Lakhs
  • LLP has to get the account audited and obtain LLP Audit Report from Chartered Accounts.

Part B : Statement of Account

  • Statement of Assets and Liabilities as on date
  • CONTRIBUTION AND LIABILITIES
    • Partner’s Fund
    • Liabilities
  • ASSETS
    • Gross Fixed assets (including intangible assets)
    • Investments
    • Loans and advances
    • Inventories
    • Debtors/trade receivables
    • Cash and cash equivalents
    • Other assets

Statement of Income and Expenditure

  • Income / Turnover
  • Expenses
  •  Net Profit or Net Loss (before taxes)
  • Profit after Tax

Attachments

  • Disclosures under Micro, Small and Medium Enterprises Development Act, 2006

LLP-8 Disclosures under MSME – Format of MSME disclosure

Disclosure required under the Micro, Small & Medium Development Act, 2006

We M/s. XXX LLP,hereby disclosing as under

Item No. Disclosure required under the Micro, Small & Medium Development Act, 2006
  Delayed payments due as at the end of each accounting year on account of PrincipalXX and Interest due thereon XX
  Total interest paid on all delayed payments during the year under the provisions of the Act
  Interest due on principal amounts paid beyond the due date during the year but without the interest amounts under this Act
  Interest accrued but not due– (Represents interest accrued as at the end of the year but not due as interest is computed at monthly rests from the due date)
  Total Interest Due but not paid –(Represents all interest amounts remaining due together with that from prior year(s) until such date when the interest was actually paid to the small enterprises. Mainly to ascertain the amount of interest disallowable for income tax purposes)

 

DPIN/DIN NAME SIGN
01234567 NAME OF DESIGNATED PARTNER-1    
01234567 NAME OF DESIGNATED PARTNER-2    

 

Date: 10.10.2020

Place: Bengaluru

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