MSME Interest

Rakesh Rao (CA Final Student)     15 October 2019

Rakesh Rao
CA Final Student 
 10 likes  401 points

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Interest should be paid to MSMEs for delayed payment of their dues. Is this provision applicable for transactions between 2 MSMEs? That is, if the delay in payment is by an MSME to an MSME, is Interest to be paid by the MSME in this case?

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