What is the default credit term given on a invoice as per MSME act.

AnswerBot
1y

The default credit term given on an invoice as per the MSME Act is 45 days.

  • The MSME Act mandates a default credit term of 45 days for invoices.

  • This means that the buyer is required to make payment wit...read more

Anonymous
3y
It's 45 days.
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