The assistance provided herein is exclusively intended to support the calculation of delayed payment interest, specifically in accordance with the provisions under the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006. This service is offered for general informational purposes only and does not constitute legal, financial, or professional advice.

Users are strongly urged to verify all details — including computation methods, interest rates, and applicable timelines — before submitting or relying upon these calculations in any forum, including but not limited to legal proceedings, government submissions, institutional audits, or internal documentation. Please note that calculations may vary depending on interpretation, updates to legislation, or specific contractual terms.

While we make efforts to ensure that the information aligns with the relevant sections of the MSMED Act, 2006, the final responsibility for validation and compliance rests entirely with the user.

Neither we, our firm, nor our management shall be held responsible or liable for any damage, loss, error, miscalculation, or legal consequences arising from the use, application, or submission of this assistance.

By proceeding, you acknowledge that you understand and accept the risks associated with using this information and assume full responsibility for its use and any resulting outcomes.

 

This software is developed and maintained by Elite Legal Solutions for assisting in MSME delayed payment interest calculations. It is an independent tool and is not affiliated with, endorsed by, or connected to the Ministry of MSME, Government of India. Users are advised to verify results before relying on them for official or legal purposes.