GST on supplies even if payment is not received, irks MSMEs

MSMEs say this a major strain on cash flows, as the COVID-19 pandemic has further delayed payments from big corporates as well as public sector units  Micro, small and medium enterprises (MSMEs) are irked by the norm that they have to pay Goods and Services Tax (GST) on supplies, even if the payment is not received for them. A section of MSMEs say that the COVID-19 pandemic has further delaye…