15 January 2024
You can also think about registering as MSME https://msme.gov.in/faqs/q33-what-are-guidelines-delayed-payment-dues-mse-borrowers. There are lot of benefits here.
On collection of taxes paid by you - You can use the inbuild option to communicate between taxpayers in GSTN portal. ITC To them will also be reversed if the payment is not within 6 months / 180 Days
CAclubindia
