Payment Schedule Guidelines for Small Manufacturers and Service Providers with Helpful Client Information TAXCONCEPT

Payment Schedule Guidelines for Small Manufacturers and Service Providers with Helpful Client Information

Payment schedule to Micro or small who are Manufacturers or service providers – Very helpful for clients

Summary –
1. If Invoice between 01/04/2023 to 15/02/2024 were paid before 31/03/2024 then allowed as expense in FY 2023-24

2. If Invoice between 16/02/2024 to 31/03/2024 were paid within 45 days then allowed as expense in FY 2023-24

3. If Invoice between 16/02/2024 to 31/03/2024 were paid after 45 days then allowed as expense in FY 2024-25

Payment Schedule Guidelines for Small Manufacturers and Service Providers with Helpful Client Information