Is there any Clause that Interest Clause is not applicable to Medium Enterprises under MSMED Act 2006.
one of Customer says that this clause is applicable to Micro and Small.
Please Clarify..
Thankyou
Menu
Interest clause for Medium Enterprises under MSMED Act 2006
Replies (1)
Chapter V of MSMED Act, 2006 is titled "Delayed Payments to Micro and Small Enterprises". The Interest section (Sec. 16) comes under this chapter. Hence the interest payment applies to Micro and Small Enterprises only.
Recent Topics :
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
Related Topics :
CAclubindia
