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Page 3 - SME

Softer commodity prices to lift road units' margins: CRISIL SME Tracker

Liquidity conditions are also expected to improve, as measures under the Atmanirbhar Bharat scheme have been extended until March 2024, and payments by state authorities also become more punctual

Softer commodity prices to lift road units' margins: CRISIL SME Tracker
Updated On : 27 Jun 2023 | 3:32 PM IST

Chatroom: 'Interest can be claimed on delayed payment of drawback'

You can claim interest on the pre-deposit amount in accordance with Section 129EE of the Customs Act, 1962

Chatroom: 'Interest can be claimed on delayed payment of drawback'
Updated On : 26 Jun 2023 | 3:38 PM IST

'Interest demand in pre-import regularisation cases can be contested'

The CBIC Circular referred to above says that the bill of entry will be assessed again and then you have to make the IGST payment

'Interest demand in pre-import regularisation cases can be contested'
Updated On : 12 Jun 2023 | 3:37 PM IST

Pace of credit to MSMEs moderates in April: Reserve Bank of India

The housing segment showed a steady growth at 14.3 per cent in April 2023 against 13.7 per cent, RBI said

Pace of credit to MSMEs moderates in April: Reserve Bank of India
Updated On : 31 May 2023 | 11:07 PM IST

Chatroom: Denial of ITC on inter-state transfer of duty-free goods unfair

'The testing requirement will apply for exports to all countries, without exception'

Chatroom: Denial of ITC on inter-state transfer of duty-free goods unfair
Updated On : 29 May 2023 | 3:38 PM IST

Govt shouldn't roll out PLI for shoes, handicrafts, says think tank boss

These items are mostly made by small firms while scheme focuses on scale production; Small firms don't need PLI--they need access to tech and low-cost finance through separate schemes

Govt shouldn't roll out PLI for shoes, handicrafts, says think tank boss
Updated On : 22 May 2023 | 8:00 PM IST

Crisil SME tracker: Inflation to hurt MSME growth in electronics sector

But growth will still be healthy as discounts and lower retail prices will cushion the fall

Crisil SME tracker: Inflation to hurt MSME growth in electronics sector
Updated On : 22 May 2023 | 3:42 PM IST

CHATROOM: Exports on CIF terms attract IGST on CIF value, says expert

The Commerce Ministry introduced Para 2.43 on "merchanting trade" in the recently released Foreign Trade Policy 2023

CHATROOM: Exports on CIF terms attract IGST on CIF value, says expert
Updated On : 15 May 2023 | 7:09 PM IST

Crisil SME Tracker: Lean inventory will shore up chemicals units' profits

Revenue growth for some specialty chemicals sub-segments is expected to moderate, in line with the correction in feedstock prices

Crisil SME Tracker: Lean inventory will shore up chemicals units' profits
Updated On : 08 May 2023 | 3:45 PM IST

Disposal of delayed payment cases by micro, small industries at 5-year low

The government in the Budget announced that buyers would be allowed to claim a tax deduction for payments made to MSMEs only after they make a payment to them

Disposal of delayed payment cases by micro, small industries at 5-year low
Updated On : 24 Apr 2023 | 11:00 PM IST

Chatroom: EO fulfilment can start from date of issue of EPCG authorisation

'You can export goods capable of being manufactured by the use of capital goods imported under the EPCG scheme'

Chatroom: EO fulfilment can start from date of issue of EPCG authorisation
Updated On : 17 Apr 2023 | 4:07 PM IST

Chatroom: Replacement part can be imported under EPCG scheme for spares

There is no stipulation that a free replacement must come only after re-export of the wrong shipment

Chatroom: Replacement part can be imported under EPCG scheme for spares
Updated On : 03 Apr 2023 | 3:33 PM IST

Domestic demand to drive textile sector growth in FY24: CRISIL SME Tracker

In FY24, cotton yarn prices are projected to fall almost 15 per cent due to a high base and subdued export demand. This is expected to hurt price realisation

Domestic demand to drive textile sector growth in FY24: CRISIL SME Tracker
Updated On : 30 Mar 2023 | 5:41 PM IST

Chatroom: 'No GST rebate or exemption against supply of services to EOUs'

Section 16 of the CGST Act, 2017 allows you to take input tax credit of the input tax charged on any supply of goods or services, or both, subject to certain conditions

Chatroom: 'No GST rebate or exemption against supply of services to EOUs'
Updated On : 20 Mar 2023 | 6:27 PM IST

'Importers should ensure that certificate of origin is genuine'

Business Standard brings you the fortnightly Q&A on SMEs

'Importers should ensure that certificate of origin is genuine'
Updated On : 08 Mar 2023 | 12:14 AM IST

Chatroom: Importers must ensure genuineness of COO, says expert

Business Standard brings you the fortnightly Q&A on SMEs

Chatroom: Importers must ensure genuineness of COO, says expert
Updated On : 06 Mar 2023 | 5:00 PM IST

Commercial spaces re-open vistas for security service firms: CRISIL

Private security players' key service offerings include manned guarding, cash management services, and allied services such as electronic security services

Commercial spaces re-open vistas for security service firms: CRISIL
Updated On : 24 Feb 2023 | 4:23 PM IST

Chatroom: 'Seller and buyer can agree to deviate from Incoterms'

Under the Customs laws, you are required to declare the transaction value, i.e., the price paid or payable for the goods

Chatroom: 'Seller and buyer can agree to deviate from Incoterms'
Updated On : 20 Feb 2023 | 4:29 PM IST

'In CIF/CFR contracts, the seller bears risk of variation in freight rates'

'As long as you expect to realise the CIF/CFR value of the goods and declare it correctly in your shipping bill/EDF, there is no violation under FEMA'

'In CIF/CFR contracts, the seller bears risk of variation in freight rates'
Updated On : 06 Feb 2023 | 10:52 PM IST

CRISIL SME Tracker: Strong domestic demand to drive pharma growth in FY23

In December, the domestic pharmaceuticals market grew 10.4 per cent on exceptional growth in both volume sales and prices

CRISIL SME Tracker: Strong domestic demand to drive pharma growth in FY23
Updated On : 31 Jan 2023 | 12:03 AM IST