Challenges MSME face due to the accrual-based GST framework
Challenges MSME face due to the accrual-based GST framework. GST on accrual basis hurting MSME/ Small businesses” highlights a significant challenge in India’s GST system for MSME/ Small businesses —the requirement to pay GST based on invoice issuance, not actual receipt of payment. Accrual-Based GST is Squeezing Small Businesses’ Cash Flows Bhagat pays Goods and …