SME

TNC Rajagopalan answers SME queries related to GST, export and import matters

Base year revised, thresholds relaxed to reflect current market trends

Trade expert cites FTP Para 1.08 and CBIC circulars requiring that export consignments not be detained beyond three days, and clarifies documentation norms under the Advance Authorisation scheme

UK fintech Tide will invest 500 million euros (₹6,000 crore) in India over five years from 2026, creating 800 jobs as it deepens its commitment to the country's fast-growing SME sector

MSMEs hopeful about first quarter performance and most don't think US tariffs will affect them

"We are looking at it very seriously and taking inputs from the MSME ministry as well," a government source said

Where irrefutable evidence is available to show that 'certificate of supplies' or 'invalidation letter' has not been utilized, fully or partly, there ought to be no hesitation in granting re-credit

The Composite MSME Business Confidence Index (M-BCI) rose to 63.75 during the quarter under review from 60.82 in the previous quarter. A value above 50 suggests positive sentiment

Para 7.01(i) of the Foreign Trade Policy (FTP) says 'deemed exports' for this FTP refer to those transactions in which goods supplied do not leave the country

The said Section 15(1)(b) says that (relevant extracts), 'the rate of duty applicable to any imported goods, shall be the rate in force, in the case of goods cleared from a warehouse under Section 68

Launched in 2019, Walmart Vriddhi has trained over 70,000 MSMEs so far by enabling access to digital commerce, personalised mentorship and strategic partnerships

This scheme is expected to be part of the Export Promotion Mission (EPM), which was announced in the Budget

Uttar Pradesh plans a ₹125 crore investment in a multi-storey flatted factory in Greater Noida to promote MSMEs and boost regional economic activity and employment

The secretary said MSMEs need to be more proactive in sharing their problems and asked the industry to demand new standards as well as participate in formulation of these quality norms

There is no bar on applying for advance authorisation under SION or Para 4.07 of HBP while your request for review of the SION under Para 4.06 of the HBP is pending

A report published by NITI Aayog says that the MSME sector contributes 29% to the GDP, adding 40% to the export and employing 60% of the workforce

In FY24, the SMEs were hit hard as a 25 per cent drop in cotton prices and weak RMG exports pulled down the industry revenue despite steady domestic demand

Rodtep scheme seeks to refund the duties/taxes/levies, at Central, State and local level, borne on manufacture and distribution of the exported product, which are not rebated through any other schemes

You should prepare an e-way bill for sending the goods to the consignee, as instructed by the foreign buyer

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