Stop losing tax on late MSME payments.
Upload your purchase bills and vendor list. PayGuard shows which Micro/Small vendor bills are at risk under Section 43B(h), the extra tax and MSMED interest, and exports MSME Form 1 and Clause 22 schedules — in two minutes.
Free trial: up to 25 bills, no sign-up. Try it with sample data in one click.
The rule most companies miss
Micro & Small vendors must be paid within 15 days, or at most 45 days with a written agreement.
If the limit has passed and the bill is still unpaid at year end, the expense is not deductible that year (Section 43B(h)).
Late payments carry MSMED Act interest, compounded monthly, which is also not deductible.
Example from our sample data: ₹11.58 lakh of late bills → about ₹2.91 lakh of extra tax for one small company in one year.
What PayGuard does
Upload from Tally or Excel
Vendor master and purchase bills as .xlsx or .csv. No ERP change needed.
Pay-this-week list
Unpaid MSME bills ranked by deadline, with the tax you keep by paying each one on time.
Tax & interest in rupees
43B(h) disallowance, extra income tax and MSMED Act interest at 3× the RBI bank rate.
Auditor-ready schedules
MSME Form 1 list and Form 3CD Clause 22 working, exported as CSV or PDF.
Data checks
Flags wrong Udyam numbers, payment terms over 45 days, traders and unknown vendors.
Private by design
Everything runs inside your browser. Your financial data is never uploaded.
Pricing
Yearly licence. Prices exclude GST. Pay securely by bank transfer / UPI against a GST invoice.
Starter
1 company · up to 200 vendors
- Unlimited bills
- 43B(h) disallowance & tax impact
- MSMED interest
- Pay-this-week list
- CSV / PDF exports
Business
1 company · unlimited vendors
- Everything in Starter
- MSME Form 1 schedule
- Form 3CD Clause 22 working
- Data checks (Udyam, >45-day terms)
- Priority email support
CA Firm
Up to 50 client companies
- Everything in Business
- Use for all audit clients
- Branded reports
- Onboarding call
- Bulk Udyam check (add-on)
Enterprise
ERP integration · on-premise
- Tally / SAP import
- Multiple entities
- Sign-off workflow
- Dedicated support
- Custom reports
CA firms: free use for this audit season in exchange for feedback — ask for a pilot.
FAQ
Who needs this?
Any company with a tax audit that buys goods or services from Micro or Small enterprises registered on Udyam, and the CA firms who audit them.
Is my data uploaded anywhere?
No. Files are read and calculated inside your own browser. Nothing is sent to our servers.
Does Tally already do this?
Tally can tag MSME vendors. PayGuard adds the rupee tax impact, a prioritised pay list, MSMED interest, data checks and ready Clause 22 / Form 1 schedules in one screen, and also works with Busy, SAP or plain Excel.
How does the licence work?
After payment you receive a licence key. Paste it into the app once (Enter licence) and all limits are removed for your plan's period. The free trial checks up to 25 bills on screen.
Is this tax advice?
PayGuard is a decision-support tool based on Section 43B(h) and Sections 15–16 of the MSMED Act. Final figures should be confirmed by your tax auditor.
Ready to build something premium?
Tell us about your project — we'll reply within 24 hours with next steps.