MSME Section 43B(H) Not Applicable On These Person

[@maheshkadu2429]

Itne saare video dekhe sab confusing the... Ab jake sahi video dekha... Pehle hi 30s me apko subscribe kiya... Very simple, sweet, proper clearity you given.... Superb job👌

[@CASumitSharma]

Glad to hear Thanks 😊

[@singhitradingco7185]

आपकी वीडियो बहुत ही सुन्दर और सहज ही समझाने वाली है। इसके लिए बहुत बहुत धन्यवाद।मेरा सवाल है कि क्या सरकार की यह शोषणकारी व्यवस्था सही है। व्यापार की हालत कोविट के बाद से बहुत ज्यादा खराब है। ओनलाइन व्यापार के वजह से भी व्यापार की हालत गंभीर है जिसके वजह से पेमेंट लेट होने पर भी व्यापारियों की मजबूरी है कि सहन करें।

[@CASumitSharma]

Msme se log business Krna band kr denge

[@bkaka51]

​@@CASumitSharma❤

[@vijayudeniya4440]

हम रिटेलर है हमारा पैसा भी लेना रहता है हमारे पास आयेगा तभी हम आगे पेमेंट करेंगे इससे हम छोटे रिटेलर को बहुत परेशानी आयेगी सरकार ने गलत नियम बनाए हैं हम इसका विरोध करते हैं और हम इस सरकार को वोट नहीं करेंगे​@@CASumitSharma

[@rajeevshukla1117]

Aap income tax ke other topics me bhi video banaiye. Your way of explanation is very good.

[@CASumitSharma]

Thanks 😊 What topic specifically you want

[@chandramohanank3884]

Very useful video Bahut sundar Thanks ji

[@CASumitSharma]

Thanks 😊

[@rajeevshukla1117]

VERY NICELY EXPLAINED. THANKS ALOT

[@CASumitSharma]

Happy to help ☺️

[@Autmnqwerty]

Very Good, detailed explanation.

[@CASumitSharma]

Thank you

[@bhumipatel-qr5jz]

hello sir. very nicely explanation. but sir actually i against this 43B(h) rule, logically dekhe to agar hamne kisi ki payment within due date nahi paid ki ( sundry payable ) to wo hamari Total income me add ho jayengi. to fir agar hame kisi se paise lene ke baki hai ( Sundry Receivable ) to wo amount b less karni chahiye na ....

[@CASumitSharma]

👍

[@dilippandya3691]

Excellent. Good information and very useful for us Thanks

[@CASumitSharma]

Glad to hear Thanks 😊

[@rawatgajpalsingh4458]

VERY NICELY EXPLAINED

[@CASumitSharma]

Thanks 👍

[@dilipbhagwat7497]

Excellent very god knowledge for everyone traders

[@CASumitSharma]

Thanks 😊

[@ShubhamJain-ei9md]

sir 44AD valo pe kyu nai applicable hoga agar unke pass udyam certifcate hai tph bhi ?

[@CASumitSharma]

Jo 44AD me ITR filing krega Usko option nahe aayega itr me to disallowed kaise krega wo amount

[@ShubhamJain-ei9md]

@@CASumitSharma sir very tricky issue but now while filing ITR they are asking whether u are msme or not usmein kya select kare

[@vickydoshi74]

Bhai saab aapka ye video labad log ke liye kafi kaam ka hai isme aap une sikha rahe ho ke late payment karke kaise bacha jayega

[@CASumitSharma]

👍👍

[@D_Singh1313]

Very nice information ji

[@CASumitSharma]

Thanks 👍

[@punitjain7708]

Very nice But 1 Doubt Msme Certificate me Service ( Trading) se registration He to Rulse Applicable he ya Nahi

[@CASumitSharma]

Not applicable if registered under trading

[@alokagrawal104]

Sir 43B(h) is not applicable on trader & wholesaler it is applicable only on manufacturer and service provider for 45 days payment rule.

[@CASumitSharma]

👍

[@beenabhatia7230]

Very nice Sir

[@CASumitSharma]

Thanks 😊

[@vikasbansalvicky3934]

bahut badiya sir g

[@CASumitSharma]

Thanks ji

[@sandeepgoyal4804]

Damage goods pr objection lgane k baad manufecturer koi solution na kre aur forcefully payment ki demand kre to buyer kya kre?? Kya buyer ko damage goods ki payment bi krni pdegi??

[@CASumitSharma]

Mutual agreement k according hi resolution nikalna padega.. Otherwise need to approach court

[@pradeepkoli5785]

Sir, 2022-2023 ki payment pending hai us per mujhe MSME filling karna padega kya, please advise ??

[@CASumitSharma]

Court case

[@ShubhamAgarwal0076]

Food grain traders par applicable hai kya?

[@CASumitSharma]

Applicable If all conditions satisfied

[@abdulaziznadvivaranasiindi8516]

15/4/2024 ko koi mal 45 day’s payment term pe purchase kiya Aur us ka payment 15/7/2024 ko kiya to kiya us ka interest bhi dena hoga ? Aur kiya March closing 2025 me woh income me add Kar diya jaye ga ? Sir please batlayen

[@CASumitSharma]

Income me add nahi hoga Agar interest demand krta hai to Dena hoga

[@chaitanyapawar4704]

Creditor (small) is a Trader as well as Manufacturer, We taken goods that he is not manufacturing and there registration in Msme is for Manufacturing. Also in there table they showing wholesale and retail trade So it is applicable to us?

[@CASumitSharma]

What printed on their certificate will be final

[@itathy1646]

Traders

[@jaihind8056]

ITR 4. Audit hota hai, kya , hamare ooper bhi ye laagu hai

[@CASumitSharma]

Non audit

[@TravelBuddyGopal]

Sir I purchase goods from MSME but I’m not under audit firm is the rule applicable

[@CASumitSharma]

Not applicable

[@TravelBuddyGopal]

Ok sir means I can pay after 45 days also without any fine

[@uncharteduncharted]

Mane2020mae kuch goods purchase keae mane compny 2021 mae bandh kar de kya yae rule applicable hai

[@CASumitSharma]

No

[@mpldoctor4494]

Sir 2021 mein corona ne karan business bandh ho gaya, ak party ka invoice tha, wo abhi bol rahe hain, apko payment karna hoga, nehi to apke upar it raid parega.

[@CASumitSharma]

If no business running currently Then no issues

[@mpldoctor4494]

GST already cancelled ho gaya 2022 mein,

[@mpldoctor4494]

Chota business tha total turnover 8 lak yearly

[@CASumitSharma]

Then no issues

[@mpldoctor4494]

Party ko kya bolna hai sir

[@amit0562]

what if one Manufacturing/Service company which comes in small category has taken the MSME registration on 1st March 2024....will the invoices generated before 1st March 2024 by this company to its parties comes under this act?...pls reply

[@CASumitSharma]

This rule applicable only after date of registration

[@amit0562]

so for eg. My co. has raised 12 invoices each of 1,00,000 rs in the FY 2023-24, 1 in every month towards a xyz co. And that co. has made the payment of 5,00,000 till 31st march 24 (3Lac b4 1st mar 24 and 2Lac after 1st mar 24). Will these 5L be considered for the payment against 1st 5 invoices or last 5?@@CASumitSharma

[@ashokjain8739]

अगर कोई वयापारी कच्चा माल लेकर फिनिश माल बनाकर या जॉब kara कर रॉ माल बेचता है तो उसके ऊपर name lagu hoga ya nahi

[@CASumitSharma]

Applicable if all conditions satisfy

[@itathy1646]

Agar major activity me traders likha ho to kya aur unse purchase karte hai to kya 45 payment rules lagu hoga kya?

[@CASumitSharma]

Not applicable

[@itathy1646]

Apka whastup number

[@surekhapurohit4624]

If tax audit is applicable but purchase is not from MSME registered. Then will it apply? Please make more clear that this both condition binding together?

[@CASumitSharma]

Then not applicable

[@sonisrivastava7223]

Misleading information, sec 43BH is not dependent on whether the assess is is subject to tax audit or not, tax audit has no direct bearing on the applicable mitt of sec 43BH

[@CASumitSharma]

Achyaaa

[@sonisrivastava7223]

@@CASumitSharma ha

[@manvirsingh182]

How to find out if creditor is registered under MSME or not ? Also, interest is applicable only on complaint by MSME registered person or we have to deposit amount sue moto ?

[@CASumitSharma]

Need to take direct confirmation from them.. Interest is need to pay if they demand

[@anil8031]

Sir pichle saal 2022-2023 audit hua tha is saal 2023-2024 presumptive taxation se itr file karunga annual turnover 70 lakhs to kya applicable hoga

[@CASumitSharma]

No

[@anishshah7845]

Sirji,Mera turnover 40lakhs ka hai,main ek retailer chemist hun,aur mera audit bhi hota hai,aur main wholeseller se goods(medicine )purchase karta hun,will i come under 45 days payment,please reply

[@anishshah7845]

Aur main MSME register hun

[@CASumitSharma]

Applicable If AAPKE creditors msme micro or small Service provider or manufacturer me fall krte hai to

[@CASumitSharma]

Aap ho na ho doesn't matter Samne wala ho to applicable ho jata hai

[@DBSOFFICEWORK]

100% export ka turnover h jo uspe ye section applicable hoga ya nhi

[@CASumitSharma]

Applicable if satisfying all other conditions

[@RAHULARORA-rh7rg]

good information

[@CASumitSharma]

Thanks 😊

[@kishorekumarbhavsar9464]

Very nice explained

[@CASumitSharma]

Thanks 😊

[@TheSunilaneja]

Is there any exemption on basisi of turnover.suppose we are creditor in the books of some traders and his turnover is more than 200 cr ,is this is firm is exempted

[@CASumitSharma]

Applicable to them Of you are registered under msme other than trader and you fall under micro or small

[@nikunjlimbani2580]

Jo log return bharte nahi heee Crediter se mal leke payment time PE karte nahi heee Uska kya

[@CASumitSharma]

Not applicable

[@manvirsingh182]

If both parties are covered under MSME , then it is applicable or not ? For eg , Assesse registered under MSME has bought from other person who is registered under MSME , Then we have to disallow or not ?

[@CASumitSharma]

Both registered or not doesn't matter.. Supplier need to register

[@hiteshdani4512]

Sir me wholesale trade karta hu, mera turnover 80lk ka h, mere supplier msme me add h, aur mera transport wala b msme me add h. Me 8% profit dikha rha hu, To kya muje mere supplier aur transport wale ko 45days me payment karna hoga ?

[@CASumitSharma]

No

[@hiteshshah3988]

I have a question agr sir uska supplier msme mai hai to usse 45 day mai payment karna hoga na

[@CASumitSharma]

No need if ITR filing under section 44 AD

[@FACt1O1663]

Me pan card se purchase kiya hu..or saving account hai Or file bhi nhi hai koi To bhi payment 45 day me karna hoga .. jis se purchase kiya hai wo small catagory msme me add hai?

[@CASumitSharma]

Not applicable

[@AbhishekSharma-9]

Sir government contactors and service providers ko 2 se 3 year me payment at ta hai kya rule government me ye rule apply hotq hai

[@CASumitSharma]

Yes Applicable for all

[@jainiljayswal69]

my certificate shows i am manufactureer but i am trader also. then is it applicable on me?

[@CASumitSharma]

Yes Otherwise update certificate

[@ask17800]

Thanks sir

[@CASumitSharma]

Welcome 😊

[@Appan_samaj]

Hlw sir Yadi hm msme me registered nhi hai but hamara tax audit hota hai to kya hmare pr applicable hoga ?

[@CASumitSharma]

Applicable

[@oldmusicoldvideo]

sir me wholesellar hu mere pass gst hai tax invoice per goods sale kiya hai isme agar buyer payment nahi deta to kiya kare.pls anwer

[@CASumitSharma]

Msme act me karwahi kro

[@KoustubhGupta0785]

Agar Proprietor ki closing se pahle jinko Msme ka payment dena hai unki natural death ho jati hai toh us condition me kya cheez applicable hoga.

[@CASumitSharma]

Business close ho gye then

[@KoustubhGupta0785]

@@CASumitSharma aur agar us business ko 1 april se koi family member take over karta hai tab with new gst no. & With all stock trasnfer then new proprietor ki kya liability hogi

[@shalleycute]

kitne turnover tak ke logo pe ye rule applicable hai?

[@CASumitSharma]

Whose books of accounts are required to get audited

[@anilwadhwani4677]

So clearly explained I have a complaint

[@CASumitSharma]

What is your query

[@anilwadhwani4677]

@@CASumitSharma ji I wanna ask can an asessee having turn over less than a crore ,who usually files return in ITR 3 45 ae Is liable for msme new law

[@anilwadhwani4677]

Sir Meri cell।40 lacs hai Mai ITR 3 me return file karta hubi think it's under 45 ae Np 6/8 % nahi dikhata Audit bhi nahi To kya msme mujh par hai applicable

[@sharmasolutions7809]

Agar manufacturer medium enterprises hai toh 43b h applicable hoga kya sir

[@CASumitSharma]

Yes

[@manishlalwani-nl6zj]

Sir mera annual turnover 30 lac hai gst no. Bhi nahi h or mai msme manufacturer se goods purchase krta hu agr kisi bill ko 45 din se jyada time ho jata h 31 march tak to mjhpr ye rule apply hoga ya nahi

[@CASumitSharma]

If Audit applicable to you

[@Rahulraiblog]

Sir kisi manufacturer 1march se 17 1/3 lakh ka mal leke sale kiye gst bill pe or msme ragistration hai mera trader ka To uska msme me aayega Sirf GST bharte hai ITR nahi

[@Rahulraiblog]

Sirf GST bharte hai Koi itr nahi

[@CASumitSharma]

Not applicable

[@Rahulraiblog]

Trader ka isliye applicable nahi hoga Ya itr nahi bharte hai isliye

[@CASumitSharma]

ITR not filing

[@Rahulraiblog]

Thanks dear for information 🙏

[@shalleycute]

i read somewhere which says 50 crore and above turnover walo pe ye rule applicable nahi hai?

[@CASumitSharma]

Not applicable if turnover more than 50 cr of your creditors

[@satishshivnani1743]

Agar ham 1 April 2024 ko purchase karte hai to iska clear balance 45 days ya 31-3-25

[@CASumitSharma]

31.3.25 tk paid hona chaiye

[@yashwantpokharna7669]

msme me manufacturer me registered he lakin production nahi karta he use kya karna he sirf trading hi karta he

[@CASumitSharma]

Applicable hoga Apna certificate update krwake trading krwalo

[@deepeshsahu6290]

can cancel the msme registration to avoid the rule

[@CASumitSharma]

Yes

[@arjunpawar8626]

Sir 44 ad pe lage ga ya nai confirm bataye??

[@CASumitSharma]

In my opinion this section will not applicable There are different options in this topic In presumptive taxation books of accounts need not to maintain If you have proper creditors list and list of unpaid creditors amount Then you can disallowed by your own.. No auditor will be there And you can simply give nominal or zero amount in sundry creditors filed Rest it's your personal decision Take advice of your tax professional before filing ITR

[@JITENDRAKUMAR-uv4km]

Sir mera bill 2021 ka or jisse me mall purchase kiya tha usne msme me ragistration 2023 me karwaya hai to kya yah 2021ke bill par bi lagu hota hai kya sir please bataiye

[@CASumitSharma]

Not applicable

[@JITENDRAKUMAR-uv4km]

@@CASumitSharma sir aap ke mo. No mil sakte hai kya

[@abhishekrawat7802]

We have creditors and they are in trading and we are trader also is it applicable??

[@CASumitSharma]

Not applicable

[@manishmittal401]

sir agar sell 10 lak bhi annuanal nhi thi aur humara bussness band ho gya 2023 me aur crediter ka balance baki hai jo msme me registered hai bt billing dt 2017 se 2019 tk hai toh kya hum pr applicable hoga ye rule...plz reply

[@CASumitSharma]

Nahi hoga

[@kusumjoshi7034]

Sir mera turnover 70 80 lakh h anually or audit nhi hota h to kya mujhe bhi 45 days m payment krna hoga suppliars ko ?

[@CASumitSharma]

Not applicable if filing ITR 4

[@kusumjoshi7034]

Ji ITR 4 hi file krte hai

[@CASumitSharma]

Then not applicable

[@Poppygamer642]

Sir Mera sawal hai Mera GST number hai 3 mahine wali scheme mein hai ITR 44ad file karte Hain sanitary credit mein last year balance tha abhi zero balance bataenge to koi problem to nahin please reply

[@CASumitSharma]

No problem

[@Poppygamer642]

@@CASumitSharma thank you sir

[@rajeshbaid2622]

Sir one of my creditor opening balance on 1.04.23 was 5 lakh during 23-24 purchases is 7 lakh payment made 7.5 lakh again balance is 4.50 lakh then it's applicable or we can prove its last year balance

[@CASumitSharma]

You need to justify that which amount you have cleared and which amount is outstanding

[@karangalgotra785]

Sir my client is asking for this provision in which what you said is written can you plz share it with me

[@CASumitSharma]

There is so much confusion Nothing happened practically As the cases will come many case laws will come Till that you need to understand and interpret this new law as per your understanding

[@nitingulati3508]

Sir kisi ke pass manufacturer ka certificate ho aur unhone trader mai transfer kia hai during the year is case mai kaise karna hai payment

[@CASumitSharma]

Rule not apply to trader

[@Jittsmehta]

Sir, if msme supplier doesn't inform us nor demand their payment in time, then are we still responsible to make payment?

[@CASumitSharma]

Yes

[@AbhishekYadav-go4oq]

Nic sir thanks 🙏

[@CASumitSharma]

Most welcome

[@pjfhchanel2496]

What about people who are not registered in income tax file ?

[@CASumitSharma]

Not applicable

[@parasmaljain844]

Small retail trader anually turnover beow 10lakhs No gst registration purchase from local traders Incme slab 2lakhs per year in itr file Msme law applies for me

[@CASumitSharma]

Not applicable

[@atul58]

Nonsense. Audit or no audit, it is applicable to ALL.

[@CASumitSharma]

Ok bro

[@CASumitSharma]

then disallow your creditors by yourself while filling ITR 1,2,4

[@atul58]

@@CASumitSharma If an assessee not requiring audit does not disallow voluntarily, it amounts to concealment of relevant information and incase if there is a scrutiny he will face serious trouble. A consultant should not misguide the client.

[@ajaykumarvishwakarma7268]

Seriously SEC 143 b h is applicable for tax audit assess only . Rules are rule . Niyam kanoon to sbke ke liye ek hote hai .

[@sigmainspectionandtestingp594]

koi vyakti trader hai or uska MSME mai service provider or manufacturer likavaye to ?

[@CASumitSharma]

Update it as per actual activity

[@vireshmogra7530]

Mera turnover 30-40 lakh h or itr 44ad sec me h to kya mujh per ye rule lagega

[@CASumitSharma]

Not applicable

[@dharampalrana8531]

Good video

[@CASumitSharma]

Thanks 💯

[@nareshpunjabi4337]

FIRST- READ MSME ACT THEN MAKE VIDEO--- DON'T MISGUIDE IT'S APPLICABLE TO ALL REGISTER IN MSME

[@CASumitSharma]

Ok bro You can disallow your outstanding expenses in the ITR

[@ramdevm.bohara901]

sir kisi ka turn ouver 20 lakh yearly hai or kisi msme se purchases kiya hua hai or 31 st march ko payment baki hai or samne wala msme hai to kya uspar ye niyam lagu है

[@CASumitSharma]

ITR konsa file kroge aaap

[@politicsvolitics182]

ITR 4 FILE KARNE WALO KO APPLICABLE NAHI HOGA

[@jaihind8056]

​@@politicsvolitics182ITR 4. Audit hota hai.. tab ?

[@rajeshkumar-mo7yy]

Sir ji namaste ...ak sabal yah hai ki agar mera out standig 2018 se hai and part bolraha hai ham msme holder hai to oh out standig par tax banega kya...

[@CASumitSharma]

No

[@rajendarchoudhri1056]

Sir mera turnover yearly 60 to 70 lakh ka hai or GST proprietor form hai. 2020 is mere 2 party approx 10 lakh mag rahe hai. Msme ka dar dekha Rahi. Please inform me. 3month return wala GST hai.

[@rajendarchoudhri1056]

​@@CASumitSharmareply

[@rameshborana6486]

Sir ji mera Gros profit panch lakh hai net profit tin lakh payment दस लाख बाकी है तो क्या होगा please बताइए ना

[@CASumitSharma]

Turnover kitni hai

[@rameshborana6486]

Sir ji turnover 25 लाख है लगभग

[@CASumitSharma]

No need to pay creditors

[@rameshborana6486]

But sir ji total hi msme रजिस्टर मैन्युफैक्चरर से परचेस की हुईं हैं तो कोई प्रोब्लम नही है ने

[@shekharpandey8744]

10 March ko purchase ki hai our 45 din me payment nahi ki tab kya hoga

[@CASumitSharma]

If there is agreement then maximum 45 days.. 31.3.24 Tak payment nahi ki to bhi no issue

[@shekharpandey8744]

@@CASumitSharma 45 days hone per payment nahi karte to disallow hoga

[@CASumitSharma]

But 31.3.24 ko 44 days poore hi nahi ho rhe hai to this rule not applicable

[@shekharpandey8744]

@@CASumitSharma galat uttar Diya AAP ne 24 April Tak payment nahi karte to disallow hoga

[@CASumitSharma]

Ok bade bhAi Aaap disallowed krwa lo Not an issue With sahi uttar

[@ketankrishna5224]

If we are not in tax odit so we are eligable in this rule

[@JkGoyel]

Please reply

[@CASumitSharma]

Yes

[@Miss_Lailaa]

Msme mein wdv daale ya nhi?

[@CASumitSharma]

Hai to daal do

[@Miss_Lailaa]

@@CASumitSharma sir kaise calculate karke dalni hoti hai

[@ramdevm.bohara901]

sir mera yeary 15 lakh turn ouver hai to kya mere upar ye aplycable है

[@CASumitSharma]

No

[@rakeshmangukiya6544]

MSME Cencel karva de to ?

[@CASumitSharma]

31.3.23 tk cancellation approved hona chaiye

[@parthpatel2968]

22-23 ka openi bhi gina jaye ga sir

[@CASumitSharma]

No

[@ajayupaganlawar568]

Service provider 43bh me aya hai kya

[@CASumitSharma]

Yes

[@RAJKUMAR-pq7zq]

Good

[@CASumitSharma]

Thanks 😊

[@suniljain4319]

Best

[@CASumitSharma]

Thanks Jain Saab

[@Mudrashirtsmanufacturer]

I m manufacturer how join msme

[@CASumitSharma]

Register yourself on MSME website Udhyam registration

[@Mudrashirtsmanufacturer]

@@CASumitSharma Already udyam registered then automatically applied for this rules?

[@CASumitSharma]

Yes

[@Dragon-cv2bj]

kzbin.info/www/bejne/ZnW6YZSGd7NgiM0si=SiH9x29VRrAW2yjR Sirji iss link mai bolre hai ki section 43b(h) starts with non obstante clause i.e nothing withstanding containing anything in any other provisions of this act Toh kya 44ad walo ko b 45 days mai payment dena hoga?

[@CASumitSharma]

As per my understanding not Baki take your decision as per your understanding and knowledge Thanks

[@Dragon-cv2bj]

@@CASumitSharma Thankyou sir and Mai ye saal 44 ad mai return barunga Meri sale excluding gst 2.94 rukayi hai Aur including gst 3.09 hori hai Toh kya mai 44ad mai aa sakta hu

[@kaushikmandal591]

Pagla gayi yeh sarkar 😅

[@CASumitSharma]

😄👍

[@kaushikmandal591]

@@CASumitSharma Sir hum sirf apne suppliers ka bills payment nahi karte. Mere supplier ka outstanding amount zaroori nahi hai ki wo mera final amount ho Hume rebates, discounts, bonus etc bhi diya jata hai jo dono party agree karke karte h Agar mera purchase return karne ka man ho to main kaise use payment karunga?

[@singhitradingco7185]

क्या सरकार की यह कदम सही है। इससे जो टैक्स बनेगा क्या उसके बाद कोई भी व्यापारी महाजन का पेमेंट कर पायेगा

[@CASumitSharma]

Very tough rule

[@rameshborana6486]

@@CASumitSharma 25 लाख