CA for MSMEs — Udyam, GST, 43B(h) and Growth | CA Somesh Chandak & Associates

For MSMEs & small business

Udyam done right, GST clean, the 43B(h) payment clock on your side, and books a bank will actually lend against — one desk

Most small businesses leak money in three quiet places: Udyam classified wrong, the 45-day payment rule working against them instead of for them, and books too rough to raise a working-capital limit. We run all three.

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This page is for proprietors, partnership firms and small companies — manufacturers, traders and service providers — who want registrations, monthly GST and TDS, clean books and lender-ready reporting from one accountable desk instead of a registration agent here and a return filer there.

Your MSME compliance year, mapped

Stage	What it involves	How we handle it
1. Get on record	Udyam registration in the right category, GST where thresholds or inter-state sales apply, professional tax and Shop Act in Maharashtra	Udyam advisory · GST registration
2. Run every month	GSTR-1 and 3B with input-credit reconciliation, TDS deduction and returns, and books kept current — not reconstructed at year-end	GST retainer · Bookkeeping
3. Protect your cash	The Section 43B(h) 45-day rule turned into buyer-payment discipline, so your realisations improve and your own disallowance risk stays nil	43B(h) review
4. Fund the growth	CMA data, projected financials and a project report a banker can sanction, not send back	CMA & project report
5. Close the year	Income-tax return, the presumptive-versus-audit call taken on numbers, and ROC filings if you are a company	ITR filing · Tax audit 44AB

The services MSMEs use most

Udyam / MSME advisory GST registration GST compliance retainer TDS return filing Bookkeeping & accounting PTEC / PTRC (Maharashtra)CMA data & bank loan Virtual CFO

Check it yourself first — free tools

GST Registration Checker — do you actually need a GSTIN?
Compliance Calendar FY 2026-27 — build your MSME date list
Advance Tax Calculator — instalments and 234C interest

MSME reading from our insights desk

Frequently asked questions

Do I have to renew Udyam registration every year?

No. The Udyam Registration Number is permanent. Your classification updates automatically from the investment and turnover figures in your linked ITR and GST data, and you only need to act when you cross into a higher category or a detail changes. We keep the profile aligned so a wrong classification does not quietly cost you a benefit.

What are the current MSME limits?

The limits in force since 1 April 2025 continue for FY 2026-27: micro up to ₹2.5 crore investment and ₹10 crore turnover; small up to ₹25 crore and ₹100 crore; medium up to ₹125 crore and ₹500 crore. Exports are excluded when computing turnover, which helps exporters stay in a lower band.

My buyer keeps delaying payment — does Section 43B(h) actually help me?

It gives you leverage. A buyer who is an MSME’s customer cannot claim the purchase as a deduction until it is actually paid, if payment runs beyond 45 days (with a written agreement) or 15 days (without one). That disallowance lands in the buyer’s own tax computation, so timely payment becomes their problem too. We track your receivables against these limits so the rule works in your favour.

Can I use presumptive taxation to avoid a tax audit?

Often, yes. A resident business with turnover up to ₹2 crore (₹3 crore where at least 95% of receipts are digital) can declare income under Section 44AD; professionals up to ₹50 lakh (₹75 lakh on the same digital condition) under 44ADA. It removes the audit and detailed-books burden, but locks you into a minimum declared margin and a five-year continuation rule — we take the call on your actual numbers, not a thumb rule.

What does a bank want for a working-capital loan?

Typically CMA data (the last two years actual, an estimate and projections), audited or provisional financial statements, GST returns, existing sanction letters and KYC. Most proposals are returned for internal inconsistencies — numbers that do not tie across the CMA, the balance sheet and the GST turnover. We prepare the file so it reconciles on first read.

CA Somesh Chandak & Associates, Thane. This page is general guidance for MSMEs and small businesses, not advice on your specific facts; limits, thresholds and due dates change. Speak to us before acting.

Related insights from our blog

What's Included

One desk for Udyam, GST, TDS, professional tax and books — no chasing five different vendors
Section 43B(h) protection: receivables tracked against the 45-day rule so it works for you, not against you
Bank-ready CMA data and projected financials prepared to reconcile, so proposals get sanctioned
Monthly GST and TDS run with input-credit reconciliation, not just last-minute filing
The presumptive-versus-audit call taken on your numbers, with the year planned around due dates

Our Process

Map

Registrations, turnover and the year’s obligations reviewed.

Set up

Udyam, GST, PT and books put on a clean footing.

Run

Monthly GST, TDS and accounting with reconciliations.

Report

Lender-ready MIS, CMA and the year-end return.

Get Started

Have questions about this service? Contact us for a free consultation.

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CA for MSMEs — Udyam, GST, 43B(h) and Growth