The intrest on delayed payments to small scale and ancillary industrial undertaking act, 1993 (Bare Act)/ Universal Law Publishing

Material type: TextTextPublication details: New Delhi: Universal Law Publishing, 2010Description: 132 pDDC classification: 343.54
Contents:
THE INTEREST ON DELAYED PAYMENTS TO SMALL SCALE AND ANCILLARY INDUSTRIAL UNDERTAKINGS ACT, 1993 Introduction Section 1. Short title, extent and commencement 2. Definitions 3. Liability of buyer to make payment 4. Date hom which and rate at which interest is payable 5. Liability of buyer to pay compoimd interest 6. Recovery of amount due -7. Appeal 7A. Establishment of Industry Facilitation Coundl 7B. Composition of Industry Facilitation Cotmdl 7C. Laying of rules before State Legislature. 8. Requirement to specify unpaid amount with interest in the aimual statement of accounts 9, Interest not to be allowed as deduction from income. 10. Over-riding effect 11. Repeal and saving
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THE INTEREST ON DELAYED PAYMENTS TO
SMALL SCALE AND ANCILLARY INDUSTRIAL
UNDERTAKINGS ACT, 1993
Introduction
Section
1. Short title, extent and commencement
2. Definitions
3. Liability of buyer to make payment 4. Date hom which and rate at which interest is payable
5. Liability of buyer to pay compoimd interest
6. Recovery of amount due
-7. Appeal
7A. Establishment of Industry Facilitation Coundl
7B. Composition of Industry Facilitation Cotmdl 7C. Laying of rules before State Legislature.
8. Requirement to specify unpaid amount with interest in the aimual statement of accounts
9, Interest not to be allowed as deduction from income.
10. Over-riding effect
11. Repeal and saving

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