New MSME Payment Rule Leads to Many Cancelled Orders, Auto News, ET Auto
MSME Payment Rule: The central government has implemented a new rule for assessment year 2024-25 under which buyers must pay for goods bought from MSMEs within 45 days of delivery and clear all dues to MSMEs before March 31, 2024. This rule has led to many cancelled orders and uncertainty in the market.
Source: indiatimes.com