Business Studies · MSME Regulations
What is the key role of the Micro and Small Enterprises Facilitation Council (MSEFC)?
- 1Regulating GST compliance for micro units
- 2Mediating and arbitrating delayed payment disputes with buyers✓
- 3Conducting legal audits and health inspections
- 4Issuing industrial licenses
Correct answer
Mediating and arbitrating delayed payment disputes with buyers
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