MSME Benefit || Budget 2023 || Mandatory Payment within 45 Days || Section 43B Income Tax Act
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- Опубліковано 11 кві 2023
- Dear Friends
There is a change in Budget 2023 about MSME (Micro small and Medium Enterprises)
Who is a MSME and what is MSME Turnover Limit
Who is Micro Enterprise
Who is Small Enterprise
Who is Medium Enterprise
What is Turnover Limit or Investment Limit of Micro Enterprise
What is Turnover Limit or Investment Limit of Small Enterprise
What is Turnover Limit or Investment Limit of Medium Enterprise
A MSME is one which has following sales and investment in business,
Particulars Turnover/Sales Investment
Micro 0-5 Cr 0-1 Cr
Small 5-50 Cr 1-10 Cr
Medium 50-250 Cr 10-50 Cr
A MSME Will stand benefitted with this provision as their payments will be released within 45 days.
Apply Udhyog Aadhar to take benefits of Section 43B of Income Tax Act
Memorandum Explaining the Provisions of Finance Bill 2023
carahulgupta.com/gstupdate/ass...
#section43B
#msme
#MSME45days
#msme_payments
#45days_msme
#45days
#MSME-45days
MSME Benefit
Budget 2023
Mandatory Payment within 45 Days
Section 43B
What is MSME 45 days payment clause?
What is Section 43B of Income Tax Act for MSME?
Is MSME notification for payment within 45 days?
What happens if not paid to MSME within 45 days?
Is MSME paid within 45 days?
How many days credit period can MSMEs get?
What is the credit period for MSME vendors?
What is the interest on delay payment to MSME?
Who is classified as MSME?
What defines an MSME?
What are MSME examples?
एमएसएमई क्या परिभाषित करता है?
What is meant by MSME?
What are the types of MSME?
What does MSME mean?
Who is eligible under MSME?
What is MSME and its benefits?
एमएसएमई का मतलब क्या होता है?
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Thanks
CA Rahul Gupta
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45 days payment करणे पर काय फायदा होगा वो तो पहीले बताना चाहिये sir Market से 5 month मे payment आता है तो फिर 45 days मे company का payment कैसे होगा ठीक है economy फरक padega मगर रमेश को काय फायदा होगा छोटे bussines खतंम हो जयेगे 250 cr वालो का फायदा है इस्मे
Shi kha
True
Same problem we are facing brother
सही कहा
Sahi kaha
सही कहा,सही कहा,मत लिखते जाओ।
सरकार का ये कदम सभी छोटे बड़े व्यापारियों के लिए वरदान साबित होगा।
क्या बड़े व्यापारियों को छोटों की जरूरत नही होगी?
इससे फायदा ये होगा की,बिना बिल के लेनदेन खतम हो जायेंगे,या बिना बिल का व्यापार सिर्फ पैसा दो फिर ही माल मिलेगा पर ही जायेगा।
thanks for deep knowledge
@ Rahul ji, by the way it's an amazing video. Thanks for sharing it.
thanks sir
Nicely explained
Fantastic session - very learning for business
Without billing me vapas kaam shuru ho jayenge aur kya
45days me payment jaisa na to market na na hi kisi k pass chut h
best way of explanation
Very nice session sir aap ne bahot achha explain kiya hai
yes
very usefull information
👏👏CA sahib- Sarkar MSME ki zindagi mein sudhaar kar degi ..MSME ki taraf se lakhon lakhon duvaiye sarkar ko aur apko - clarifications dene ke liye
Dil ❤ se dhanyavad
tq sir
Good sir
Is retailer is eligible for msme samadhan for end consumer delaying payment
Small dukan wala close karkey Ghar pey baitta govt kho unka kahana Dena hey
Thank you so much Sir ji 🥰🙏
Sir koi aisa Rules hai kya jo Koi Party Payment nahi kar rahi hai ya 12 mahine se jyada samay baad payment karti hai uska GST portal par complaint kare aur uska GSTN Block ho jaaye jab tak payment nahi karein tab tak.
Just to reconfirm… if interest paid on payment after 45 days then exp is allowed u/s 43b?
Sir...I have a agreement with client that after 90 days of service we can raise the invoice , we raised the invoice after 90 days,but after raising the invoice post 90 days payment is not done yet...its been 4 months now....m I eligible to put this issue to msme samadhan portal ?
Sir agar seller registered as msme hai. Aur uski nic Category 45,46,47 hai means retailer and whoesaler tab bhi usse late payment karne par meri income main add back ho jayenga.Kyunki Office memorandum date 02.07.21 ke anusaar retailer aur wholesaler ko add kiya gaya but for priority sector lending ke liye only.
If a Apr 23 invoice payment made before mar 24
In that case also exp can claim..
It means no provision on internet on msme is required?
Please confirm
Sir kya msse me registration hona jaruri hai ya as per turnover base.
Sir, bill nov 2022 ka bana hoaa hai and maine MSME me registration april 2023 me banaya hai, so kya mai Nov 2022 wale bill ka compalin daal salta hu MSME me ?
What is interest rate?
Is it from 45 days or from 1st day
😊
apka samjhane ka method kaafi achcha hai.
Thanks
In case of advance with crediter what rules apply...
Agarsell per jo shacem declere h wo nahi deti h to uska kya hoga ya fir business band ho gaya to kya hoga
If payment not paid the amount with in 45 days
.itr trying to add in income
Kiya ye rule trading karne walo pr bhi lagu hota h ya sirf manufacturing walo pr lagu h
Sir, if creditors are registered on the msme website, only then , this rule is applicable, and if he surrenders the UDYAM no. Also, the rule is not applicable, is it true , pls. Explain
Sir कमर्शियल वेहिकल के स्पेअर पार्ट कस्टमर या किसीretail कस्टमर को बेच रहा हुं तो मैं konse category mai auyga
Jo bill 16feb ya 18feb 2024 ka hoo wo bhi April 2024 mein 45 days ..clear karna hoo gaa ke nahi....
.ya. 31/3/2025 tak hi check hoo gaaaa
Balpreet Ji
Next video will be made on this topic pretty shortly
Sir aagar hamara pass purchase order na ho aur sirf invoice copy ho toh iss situation ma kya kara .. please reply
Hello what if i have made a purchase of suppose 1 lakh in 1/7/23 and have made part payment for the same of rs 80000 before 45 days and balance 20000 by 60 days . So how would it impact me as the income tax returned is only filed once a year !
Sir, Please let me know if msme proprietor died. What benefits his family will get?
Sir,Bill lgaye hue 1year se bhi jyada ho gya abhi tak payment nhi ki hai . Jab Bill lgaye the ab hmara msme me registration nhi tha .
Payment clear krwane ke liye koi solution btao please
Interest is payable to MSME TRADERS also?
Payment should be clear in financial year before 31st march or CA will check every payment done in 45 days or not
Meaning 251 crore vaale se maal kharidne me fayda he meaning bade ko fayda dhandha badega bade ka
Sir is this rule is for manufacturing unit or from traders also
Sir i want to start a bussiness of money lending for loan in which i will get money back in the same day with 1 percent interest . Do i need gst if turn over is 2.5cr.
What if both party register as msmse, then also disallow for msme
is this also applicable for the payments pending by government
Jinhone Mal liya hai vah kharidar farar Ho Gaye vah kuchh per court case chal raha hai unka kya hoga
Medium category wale ne jisko sale ki he , wo 45 days se payment kare esa jaruri nahi he kya
Yahaan saal saal bhar ke payments bhi atke hue hai. Unhe clear karane ka to upaay hai nahi govt ke paas.
Unpaid bill income me jod dene se msme ko kya fayda hua? Sirf govt. Ka tax collection badh jayega.
Aur fir agar party payment dene se manaa kar de to kya karen?
Kitne case karega MSME?
Agar non payment pe koi achcha law banate to achche vyapaariyo ka fkuch fayda bhi hota.
Sir kya creditor ko udhyog adhaar number bill m likhna mandatory h
Nahi payment ayya to mene central government ko bill bhejke 38days hua abhi tak nahi ayya payment
I was about to start a student-focused NGO type and register it as an MSME. Now, I m engineering student & have my placement in next year. So can I start working for the NGO and my corporate job later on in INDIA ? because i read that some of the company do not allow dual employability
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6:46 😅
Hi sir UA-cam news channel ko msme per register karane ke baad kya tax Dena padega
We are MSME & giving services to Housing Society in Mumbai, will this act applicable for Society to make payments within 45 days
If the sundry creditors are not registered in msme but his turnover is below the 5 cr then it act is applicable
Sir you teach faboulas for Hindi medium students
Pl. Micro units Volo ke liye btae. Jinka turn over 6 lakhs Hai. Aur loaning amount 2 lakhs tak ka Hai.
Is supply of manpower for poultry farm work taxable in GST or we can claim exemption of entry no 54(b) of Notification no 12/2017 - Central Tax rate ? Entry no 54 says - Services relating to cultivation of plants Nil Nil 14 and rearing of all life forms of animals, except the rearing of horses, for food, fibre, fuel, raw material or other similar products or agricultural produce by way of- (a) agricultural operations directly related to production of any agricultural produce including cultivation, harvesting, threshing, plant protection or testing; (b) supply of farm labour;
Sir if I am dealing with traders to trader than will this act applicable
Sir mera sath bhe asa he huva hai
please check provision is applicable for micro and small enterprises. it is not applicable on medium enterprises
Bhaisab payment 1.5 year se nahi de rha h kya kare uske liye msme registration h
Sir, we are share broker & sales /purchases of shares are one of our business activity. but our supplier ,who otherwise has the UDYAN Small Manufacturing registration but sold the equity shares as one of its trading activity & payment will be outstanding on 31.03.2024 more than 45 days , ....as outstanding payment is out of the supplier 's trading activity, we need your view ....whether 43B(h) will be applicable on this trading transaction please......????
Sir. 23 se picla payment. Odit me show hai to payment milega y a nahi
Hello Sir,
A very informative video and cut to point....
However, a point needs to clarify ...
Does this rule apply to old payments pending by our customers related to sales Made prior to FY: 23-24.....
Nice query.. As per my opinion this provision will apply to the transactions made on or after 01st april 2023..because this clause is inserted by FA 2023..so it can be applicable from 01st april 2023 onwards.. Transactions made till 31st march 2023 will be governed by Finance act 2022 or prior finance act. 😊🙏
सर जी नमस्ते , MSME में बिज़नेस Classification - manufacturing & service के अलावा ट्रेडिंग ,जनरल आर्डर सप्लायर और रिलेटर भी आएंगे ?
Sir, is this applicable to all MSME registered parties? We want to say that MSME- Manufacturers/ Suppliers, and MSME- Service Provider is applicable in this act, but what about the MSME-Trader? Please Confirm.
Sir April 24 se pehle ka outstanding bhi clear karna hoga kya
Agar mai manufacturer hun Aur mainse msme udhyam Aadhar no nhi liya to kya mere pr rule apply hoga
sir main trader hu aur main aage trader ko he maal sale kar raha hu to kya main jinko maal sale ka rha hu unse 45 days me payment claim kar sakta hu...?
Ese to kai udhyog band ho Jay ge
Jinka payment due he
Sir, please reply that whether its applicable for manufacturing units only or small traders/suppliers also?
I am a supplier/trader Should i have to make payment within 45 days to my creditors who are registered in MSME?
If yes, then how I will arrange all that Payments , bcoz we have to give a long credit to our customers like 60 to 90/100 days ....my cycle will be definitely effected heavily...
And another point, if i want to regd as MSME, my CA says, I can't be regd bcoz i am not a manufacturer. Is it true that other than mfg no one can be registered under MSME ?
And if this rule is right then how few dealer/traders in our mkt are regd in MSME which are not manufacturer?
Another point, if will register under MSME ( if possible), then my customer will avoid to give me order , as they will be forced to make payment as this rule in 45 days. And he will order other suppliers for this. This will lead to loss of my business...Right ?
I request you to please clarify my all this queries.
Kaya retail customer ko bhi 45 days wala rules lagu hoga ????
Koi MSME kisi micro ko maal udhar deta hai ,jo assesi nahi hai usako kaise 45 days payment milega ,uspar kaise karwai hogi. Jab party return hi file nahi karti.
He being in profession doesn’t understand how businesses work. If a msme doesn’t receive payment from his customer within 45 days, how can he pay to his creditor that much amount?? He instead will be made liable to tax on that amount without his fault. Those making laws don’t have first hand micro business experience. Not all customers pay within 45 days. Just a way to collect more tax and shut small businesses
Sir medium category vaalo ke liye ye nahi he
Sir aap ye bta do kaise ca ko pta chalega ki maine payment ki ya nhi
Yeh video shuru hoti hai 1min se. Agar Aisa aapko lag raha hai toh aap bilkul galat ho. Yeh video shuru bhi huyi samjh bhi nahi aayi aur khatam bhi ho gayi. Samjhe kush yeh hai msme.
Pls call us on 8053555086 for queries on office timings. We will be happy to help you
What if the payment is done after 45 days to the msme register vendor?
45 days mey payment karney ka bad agar retailer mal return diyatho Paisa koun deta hey Mera doubt
@ Rahul ji plz give more clarity on it as per present scenario, thx.
We have made a new video on section 43B
Pls check that one as well
That will clear more doubts
MSME Udham se dhandha hi nahi karenge..
Agar Unke other competitors available hai..
Mai traders hoon turnover 50 lakh Tak msme se kharid raha jo stock clear nahee huaa 4 saal se dead hai uska payment kab karoo
Sir ji me textile sector se hu hamara machine ka koi investment nahi h lakin me job karwata hu udyog aadhar mera bana h jisme me manufacturing hu kya msme ke niyam lagu honge
For msme interest calculation which date consider invoice date or actual date of material receipt
Actual date of Goods received
लेकिन यह अभी तक बाजार में ये बात का कोई असर नजर क्यों नहीं आ रहा है
Sir muje petrol pump start krna he kya muje loan mil skata hai kya???=
Sir party' kah rhi hai की maal hi 15-20 din m aata hai (Santosh Rawat) Hetro shoes pvt Ltd.bahadurgadh
Kaunsa Expenses Disallowed hoga. Sales Bill ka Kaunsa Expenses hota hai.
Iska jawab koi nahi de raha hai
Sir,it's next to impossible ke koi 45 days me pymnt kare,aaj ke market condition me pymnt miljaye wahi bahot hey,sir ji samjana accha lagta hey,but jab practical hota hey tab pata chalta hey,sirjee ye idea apne India me nahi chalta hey,Jo market condition hey at present
True
If manufacturers buy raw material from creditor with 45 days credit, but finished products takes 90 days for sale?
Being a Manufacturer I agree with this 100% as well as jisko sale kiya hai woh toh registered bhi nahi hota India hai Janaab😂
जिसकी सेल 50 लाख से कम है और जिसकी 1 करोड़ से कम है उन पर क्या होगा
What is meaning of agreement
जिनको लगता है कि ये नियम सही है और लागू होना चाहिए उनसे निवेदन है कि मंडी में अटैची लेकर घूमना बंद करें और व्यापारी से PDC cheque लेकर+ लिमिट बांधकर ही मॉल भेजे।
Bhai aadhe dhurandhar dete nhi hai PDC cheque and credit jyada ho raha ho limit ki baat karo toh gussa karte hai
Ab maza aaega
Maine saari zindagi whithin 15days payment ki hai and 45-90days mein mili hai
Ab sab automatic level pe aaenge
Mere jaise kuch sahukaro ki badolat nahi chalega Desh sab vyapari banenge bhagidari
Sir, there is a question. Is this rule apply to overseas company who is not paying to our MSME company? If not, what is the way out.
No
Sir job work Mai apply hai Kiya
ye section apply ho chuka hai ?
Sir payment nahi kiya tho income me add kar dete hai
Sir ek party ko humne December me sale ki thi aur june tk uski payment nhi aayi
Is wajah se hmne bhi uska bill gst portal par nhi chdaya aur gst return nhi bhari
To ab hum us bill ko cancel krke chda de ya fir koi complaint kr skte h ???
Agar aap Gst portal se hi bill hata doge toh claim kaise karoge..... And cheque bouncing diya hua hai toh cheque bouncing wagerah try kijiye... Otherwise take help from a lawyer
Aur sir gst ka payment wala 180 days rules
Sir please my complent msme me kese kare