Programme guide

MSME 45-Day Payment Rule. Complete Guide

Buyers must pay registered MSEs within 45 days of accepting goods/services; delayed payments accrue compound interest by law, and the MSEFC (facilitation council) exists to enforce it. (Current official details still need to be checked.)

By Kerala Rising · ·

The Short Answer

Buyers must pay registered MSEs within 45 days of accepting goods/services; delayed payments accrue compound interest by law, and the MSEFC (facilitation council) exists to enforce it. (Current official details still need to be checked.)

How To Use It

invoice with your Udyam number, keep delivery acceptance proof, and know the council route for chronic delayers. Sometimes one formal letter unlocks months of dues.

The Honest Part

enforce with judgment. the law wins the money; the relationship pays next year's orders. We help draft the firm-but-warm letter. +1 443 595 9000.