New 45-day payment rule BACKFIRED to Government MSMEs are avoiding the registration and ....

Since April 1st More than 40000 MSMEs have cancelled their Registration 

But what is the reason? MSMEs claim that bigger customers are not placing orders anymore

because.... The unpaid dues are added to the buyer’s profit

Gujarat Traders’ association is  planning to take legal action against the rule. May be the other states' association also.