Comply & close

Compliance calendar

India’s statutory load is calendar-driven, and every missed date is a cash event. GST at a flat 18% on works contracts, BOCW cess, PF and ESI with joint principal-employer liability, the MSME 45-day clock, and the RERA quarterly report. The agent watches the dates and drafts the filing.
Exposure at risk
₹59.62 L
1 overdue · 4 due soon
Section 43B(h) · two days left

Shakti Traders must be paid by 22 Aug, or the deduction moves to next year

The invoice was accepted on 08 Jul 2026. A written agreement extends the MSMED window to 45 days, which expires on 22 August. If ₹6,54,400 is unpaid on that date, the income-tax deduction shifts to the year of actual payment and interest runs at three times the RBI bank rate.

This is also the vendor whose consignment is Contradicted at the gate. Pay the undisputed ₹5,88,960 before the clock expires and hold only the disputed ₹65,440 — the disallowance costs more than the dispute is worth.

Obligations by due date
2 days
due 22 Aug 2026
Invoice 08 Jul 2026
MSME 45-day payment — Shakti TradersContradicted
MSMED Act §15 / IT §43B(h)

Two days left. If unpaid, the deduction shifts to FY27-28 and interest runs at three times the RBI bank rate.

Accepted 08 Jul 2026. Written agreement extends the window to 45 days, expiring 22 Aug 2026.
₹6,54,400
payable
15 days
due 04 Sep 2026
Invoice 21 Jul 2026
MSME 45-day payment — Om AggregatesAt Risk
MSMED Act §15 / IT §43B(h)

Resolve the 2.5 T over-billing before 04 Sep or pay and recover — the disallowance costs more than the dispute.

Accepted 21 Jul 2026. Payment held pending the CH-77390 over-supply dispute.
₹2,98,600
payable
17 days
due 07 Sep 2026
Aug 2026
TDS 194C — contractor paymentsSupported
Income Tax

Challan drafted from the certified subcontractor abstract.

1% / 2% on subcontractor certified values.
₹3,92,400
payable
21 days
due 11 Sep 2026
Annual
Labour licence renewal (CLRA)At Risk
Office of the Labour Commissioner, Karnataka

Renewal application drafted. Form V from the principal employer is outstanding.

Licence covers 500 contract workers. Current strength is 412.
₹46,000
payable
25 days
due 15 Sep 2026
Aug 2026
EPF ECR filingAt Risk
EPFO — KN/BNG/0044821

Principal-employer liability is joint. 34 workers on the thekedar muster have no UAN — attach or carry their liability yourself.

412 workers on the muster, of which 187 are engaged through Sri Lakshmi Constructions.
₹8,44,100
payable
25 days
due 15 Sep 2026
Aug 2026
ESI contributionSupported
ESIC — 53000441220000499

Return drafted from the muster roll.

Wages below the ₹21,000 threshold across 388 workers.
₹2,11,800
payable
30 days
due 20 Sep 2026
Aug 2026
GSTR-3B — August 2026At Risk
GST — 29AAKCS8812H1ZP

Return drafted. Two purchase invoices are unmatched in GSTR-2B — ₹1.14 L of ITC at risk.

Works contract at 18% flat since 22 Sep 2025 (56th GST Council). Output tax on RA-06 certified value.
₹41,18,400
payable
40 days
due 30 Sep 2026
Q2 FY26-27
BOCW welfare cess @ 1%Supported
Karnataka Building & Other Construction Workers Welfare Board

Challan drafted. Payable on the certified value, not the claimed value.

1% of construction cost certified in RA-05 and RA-06.
₹12,59,260
payable
55 days
due 15 Oct 2026
Q2 FY26-27
RERA quarterly progress reportUnobserved
K-RERA · PRM/KA/RERA/1251/446

Four floors carry no evidence. The QPR cannot honestly claim progress on Tower A L16–L17 or Tower B L11–L12.

Developer obligation. QPR must reconcile to the escrow withdrawal certificates.
no cash amount
Contract obligations — lifted out of the agreement, not retyped from it
Clause 2 · Contractor
Liquidated damages at 1% per week, capped at 10%
At Risk

Programme shows 23 days of slip on the Tower B critical path. Exposure ₹96 L at the cap.

due On delay
Clause 10B(ii) · Contractor
Mobilisation advance recovery from each RA bill
Supported

₹4.88 Cr of ₹6.80 Cr recovered across RA-01 to RA-06.

due Each RA bill
Clause 10CA · Contractor
Material price escalation on steel and cement
At Risk

Claimed on RA-05 only. RA-03 and RA-04 were eligible and were never claimed — ₹6.20 L left on the table.

due Each RA bill
Clause 17 · Contractor
Defect liability — 18 months from completion
Unobserved

No DLP provision has been created in the cost plan.

due Post handover
Clause 25 · Contractor
Contractor all-risk insurance to be kept current
At Risk

Policy CAR/2025/88412 expires in 40 days. Renewal not initiated.

due 30 Sep 2026
Clause 31 · Client
Client to issue good-for-construction drawings 21 days ahead
Contradicted

A-207 Rev C was issued 20 days before the L11 pour. This is a client breach and supports an extension-of-time claim.

due Rolling
A note on rates

All works contracts — government and private — moved to a flat 18% following the 56th GST Council meeting, with effect from 22 September 2025; the preferential 12% slab for government works was withdrawn. Rates are configurable per project rather than hard-coded, and CP&OH on rate analysis is set per contract because DSR is cited at both 10% and 15% by different sources while MES uses 17.5%.

confirm the exact SAC and notification with your CA before filing · prototype figures