Businesses not Under GST to Get 180 Days to Pay Back Their Loans In a temporary relief to small businesses not registered under the Goods and Services Tax, the Reserve Bank of India on Wednesday extended loan repayments deadline to 180 days from the due date without being classified as a non-performing asset. This latest announcement comes after the regulator’s April diktat which had allowed GST registered MSME borrowers with a turnover of up to ?25 crore to delay loan repayments by 180 days. “Having regard to the input credit linkages and associated issues, it has now been decided to temporarily allow banks and NBFCs to classify their exposure, as per the 180 day past due criterion, to all MSMEs with aggregate credit facilities up to the above limit (up to ?25 crore), including those not registered under GST,” the RBI said. The central bank has been facing demands that it remains lenient on the medium and small enterprises as it is the biggest employer and is facing seve