Someone please clarify in detail the notification no. 368(E) issued by MCA Dtd. 22 January 2019.
1.who needs to submit such details?
2.From which date we should calculate 45 days if supplier supplied goods on a certain date and then issues invoice say after 20 days?
Your reply will be greatly appreciated.
Thank you.
1. Every Company “Public or Private” who Received Goods or Services ‘from’ Micro or Small Enterprises ‘of which’ Payment Due or Not Paid till 45 days
2. Forty five days from the date of acceptance or the date of deemed acceptance of the goods or services. (i.e. from the date you received goods)
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