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Chatroom: EOU exemption on inputs unavailable for services not exported

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

Chatroom: EOU exemption on inputs unavailable for services not exported
Updated On : 03 Mar 2025 | 11:54 PM IST

Five years of Covid: Struggles, adaptations and hope for small businesses

From closures to online pivots, how small enterprises weathered the pandemic storm

Five years of Covid: Struggles, adaptations and hope for small businesses
Updated On : 31 Jan 2025 | 6:06 PM IST

Union Budget 2025-26: Here are the key challenges in the MSME sector

MSMEs face informational asymmetries, limited consumer visibility, and weak branding and marketing capabilities

Union Budget 2025-26: Here are the key challenges in the MSME sector
Updated On : 26 Jan 2025 | 11:55 PM IST

MSME industry bodies seek RBI support for easier priority sector lending

The official further said that the RBI only partially restored this classification to the extent of Rs. 20 lakh per borrower. Hence, NBFCs funding to MSEs is now restricted

MSME industry bodies seek RBI support for easier priority sector lending
Updated On : 26 Jan 2025 | 11:34 PM IST

Chatroom: Clarity needed on Rodtep scheme extension for EOU/SEZ/AA exports

That notification now allows exporters to open foreign currency accounts outside India to receive export proceeds and utilise the funds for making payments for imports

Chatroom: Clarity needed on Rodtep scheme extension for EOU/SEZ/AA exports
Updated On : 21 Jan 2025 | 12:42 AM IST

Uttar Pradesh govt plans e-commerce booster shot for the MSME sector

This strategic move is expected to benefit over 50,000 industrial and manufacturing units of these clusters, administered by the UP State Industrial Development Authority

Uttar Pradesh govt plans e-commerce booster shot for the MSME sector
Updated On : 09 Jan 2025 | 4:32 PM IST

CPSE procurement from MSEs declines 43% to Rs 773.39 crore in FY24

One of the main reasons is that public procurement decreased due to delays caused by elections. The Budget could only be presented in July, resulting in a loss of six months, said Anil Bhardwaj

CPSE procurement from MSEs declines 43% to Rs 773.39 crore in FY24
Updated On : 31 Dec 2024 | 11:59 PM IST

CRISIL SME tracker: Hospitals to grow in single digits through FY26

The key reason is patients continuing to favour large hospital chains on the back of pan-India insurance penetration increasing to 38-40 per cent from 23 per cent in FY15

CRISIL SME tracker: Hospitals to grow in single digits through FY26
Updated On : 31 Dec 2024 | 11:16 PM IST

Plans underway for bigger role for TReDS, to enrol million MSMEs in 2 years

It is also expected that the Union Budget for FY26 may have more measures for MSME financing, with a bigger role for TReDS

Plans underway for bigger role for TReDS, to enrol million MSMEs in 2 years
Updated On : 27 Dec 2024 | 12:33 AM IST

Exporters: Know when you can claim duty drawback and Rodtep benefits

Drawback and Rodtep will be available only against export of goods. At the time of export of goods, one must declare the value of the goods in the shipping bill

Exporters: Know when you can claim duty drawback and Rodtep benefits
Updated On : 24 Dec 2024 | 12:45 AM IST

CGTMSE achieves milestone of approving 10 million guarantee to MSMEs

Speaking at the event, Mittal emphasised the transformative impact of credit guarantees on the MSE ecosystem, enabling businesses to access funding without collateral, third-party guarantee

CGTMSE achieves milestone of approving 10 million guarantee to MSMEs
Updated On : 17 Dec 2024 | 8:07 PM IST

Rajasthan govt's new policy set to give a fillip to MSMEs in state

The state government claims that it received investment commitments worth over Rs 25 trillion so far

Rajasthan govt's new policy set to give a fillip to MSMEs in state
Updated On : 06 Dec 2024 | 11:25 PM IST

Importers can use 2 exemption notifications simultaneously for same imports

If goods are imported into India after exportation therefrom, such goods shall be liable to duty and be subject to all the conditions and restrictions

Importers can use 2 exemption notifications simultaneously for same imports
Updated On : 25 Nov 2024 | 11:50 PM IST

Prospects brightening for MSMEs in ITeS, shows CRISIL SME Tracker

Growth will be supported by resumption of deferred projects and new orders from key segments such as banking, financial services and insurance and manufacturing

Prospects brightening for MSMEs in ITeS, shows CRISIL SME Tracker
Updated On : 30 Sep 2024 | 11:08 PM IST

Traders must classify imports of lab chemicals under appropriate heads

In an Ex-W contract, the obligation of the seller is to make the goods available at the named place and give notice to the seller. The obligation of the seller is to take delivery at the named place

Traders must classify imports of lab chemicals under appropriate heads
Updated On : 30 Sep 2024 | 11:02 PM IST

India SME Forum launches 'Start Exporting in Eight Weeks' programme

The 'Start Exporting in Eight Weeks' initiative is a movement towards transforming Indian MSMEs into a powerhouse of global trade

India SME Forum launches 'Start Exporting in Eight Weeks' programme
Updated On : 28 Sep 2024 | 8:39 PM IST

DBK Brand Rate applications to be filed with Customs at the place of export

Safeguard duty, countervailing duty on subsidized articles and anti-dumping duty are levied under Sections 8B, 9 and 9A respectively of the Customs Tariff Act, 1975

DBK Brand Rate applications to be filed with Customs at the place of export
Updated On : 18 Sep 2024 | 12:13 AM IST

MSME loan portfolio expands 17.8% to Rs 64.1 trillion in FY24: Report

During the financial year 2024, a total of 27.4 million MSME loans were sanctioned, amounting to Rs 54.2 trillion. This marks a growth of 19.3% in volume and 5.4% in value

MSME loan portfolio expands 17.8% to Rs 64.1 trillion in FY24: Report
Updated On : 05 Sep 2024 | 5:46 PM IST

Sebi plans to tighten SME IPO norms, migration regulations: Ashwani Bhatia

Paper to review eligibility, disclosure, and institutional portion

Sebi plans to tighten SME IPO norms, migration regulations: Ashwani Bhatia
Updated On : 30 Aug 2024 | 10:31 PM IST

'SMEs turn to capital markets for funding, raise Rs 11,000 crore'

West Bengal accounts for 5 per cent of the total AUM, ranking among the top 10 states in terms of per capita penetration

'SMEs turn to capital markets for funding, raise Rs 11,000 crore'
Updated On : 14 Aug 2024 | 10:39 PM IST