interest to msme

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rohan (Querist)
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04 September 2010 the company purchase from msme unit on credit period of 60 days, is it still liable to pay interst as per msme act, as period in msme act is 45 days

Aditya Maheshwari

Aditya Maheshwari (Expert)
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04 September 2010 If the other party demands for it then only payable not otherwise.

In your case not.

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