https://www.taxtmi.com/article/detailed?id=10992 Suppliers with Udyam registration may file claims before the MSEFC with supporting invoices; the Council attempts conciliation and, failing that, refers matters to arbitration. The Act mandates statutory interest at three times the bank rate with compounding, low filing fees, territorial filing in the seller's jurisdiction, and shared arbitration costs. Challenged arbitral awards require a mandatory deposit of seventy five percent before prosecuting the challenge. en-us Mon, 16 Jan 2023 20:28:03 +0530 Mon, 16 Jan 2023 20:28:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10992 Suppliers with Udyam registration may file claims before the MSEFC with supporting invoices; the Council attempts conciliation and, failing that, refers matters to arbitration. The Act mandates statutory interest at three times the bank rate with compounding, low filing fees, territorial filing in the seller's jurisdiction, and shared arbitration costs. Challenged arbitral awards require a mandatory deposit of seventy five percent before prosecuting the challenge. Articles Other Topics Mon, 16 Jan 2023 20:28:03 +0530 https://www.taxtmi.com/article/detailed?id=10992