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What MSME should do for recovery of their Delayed Payments?

Advertisement Arjuna (Fictional Character): Krishna, Right now, MSME’s are in a bind, there are lot of suppliers who are not paying MSME’s their dues on time and it’s causing MSME’s a ton of stress. Is there any help available from government to MSME’s ? Krishna (Fictional Character): Arjuna, The government under the ministry of MSME has introduced the “MSME Samadhaan- Delayed Payment Monitoring System” scheme, which aims to resolve disputes related to delayed payments by launching an online platform called the MSME Delayed Payment Portal regulated by Micro Small E...
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Author Info

Umesh Sharma
Name: Umesh Sharma
Qualification: CA in Practice
Company: R.B. Sharma and Co
Location: Aurangabad, Maharashtra
Articles Published: 547

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5 Comments
  1. Getting the error message “In case enterprise filing application for UAM unit, the date of invoice in dispute should be earlier than 01/07/2022 ”

    My Udhyam registration is dated 27/01/2021 from an earlier UAM registration. The invoice date that I’m trying to pursue for is 27-04-2023

    1. sir can you give solution for error “In case enterprise filing application for UAM unit, the date of invoice in dispute should be earlier than 01/07/2022” please as the udyam registration is of 2021 year and the invoices are of 2023.

  2. Dear Author, Can you please share the link behind the condition “Date of the invoice should not be before 18/09/2015 in any case”

  3. What happens after the application is being filed?

    LOT OF unwarranted DELAYS by States’ MSE Facilitation Councils who hardly bother about 90 days time limit u/s 18(5).. and in Haryana, such SAMADHAN cases are lingering indefinitely ??
    SAMADHAN scheme has thus been diluted at States’ level in red-tapism of babudom of Industries Directorates ??

    Read more at: https://taxguru.in/corporate-law/msme-recovery-delayed-payments.html/comment-page-1/?unapproved=122388609&moderation-hash=8df1d1b26e1e537507722270cfff065e#comment-122388609
    Copyright © Taxguru.in

  4. lot of “SUPPLIERS”who are not paying MSME’s
    It should have read “BUYERS” ?? MSEs (not MSMEs) being SUPPLIERS;

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