Sir,
As per MSME act, compulsory payment should be done with in 30 days. if not what are the consequences.
Menu
MSME payment
Replies (3)
Quick Summary
Not 30 days msme supplier payment terms is 45 days
What consequences would be faced when payment not done with in 45 days
U must paid intrest on delay days .suppose u r payment due on 31 March 22 but u paid on 15 April 22 u will be paid intrest of 14 days .rate of intrest three times as per notify by RBI
Recent Topics :
- Company 3 months old, INC-20A not filed, all 3 of
- How do I choose the Best GST Lawyers in New Delhi
- Loss on sale of residential flat after indexing al
- Short Deduction
- Large mismatch between AIS Business Receipts and G
- Income tax on Australian Stipendiary Steward on 3
- INCOME TAX SECTION 92E
- Queries on Tax Invoice and GST
- Income Tax Auditor Tenure for Small Companies
- Sec 8 company sec 12ab reg
Related Topics :
CAclubindia
