TY - BOOK TI - The intrest on delayed payments to small scale and ancillary industrial undertaking act, 1993 (Bare Act) U1 - 343.54 PY - 2010/// CY - New Delhi PB - Universal Law Publishing N1 - 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 ER -