Page 14 - SME

Crisil SME Tracker: A raft of positives for MSMEs in Budget 2019

Among the announcements was a two per cent interest rate subvention on fresh loans for GST-registered MSMEs, which would benefit a fifth of all MSMEs in India

Traders must furnish all information called for by authorities: Expert

Free shipping bills as well as third party exports can be counted towards discharge of EO against EPCG authorisations

Over half the SME universe in the red: Here're the top losers since 2012

BSE lists 300th SME; more than 500 such firms on exchanges

CRISIL SME Tracker: Truckers' margins likely to fall 50 bps in FY20

The resultant increase in freight capacity has led to an oversupply of trucks in the freight transportation industry

Explaining the rules on who evaluates imported goods from related party

Questions from exporter, travel agent, packing company about taxes answered.

Crisil SME Tracker: Ayushman Bharat a blessing for SME hospitals

The scheme has helped improve health care penetration in terms of both number of people covered and amount of health care assurance, with nearly 15,224 hospitals empanelled and 26 lakh treatments

MEIS cannot be claimed 2 years after prescribed last date: TNC Rajagopalan

Para 9.12 gives a further period of two years from the prescribed date for filing the claim and sanction with a late cut in the entitlement

Weak rural income, waning demand impact revenue of auto component SMEs

The auto component industry depends heavily on domestic vehicle makers, which account for 65 per cent of total demand in value terms

What do GST rules say about refund for exporting goods and their payment

TNC Rajagopalan explains GST rules on exports and scrips.

Crisil SME Tracker: Ceramic tile makers may face double whammy

NGT order is expected to reduce the exports of SME tile manufacturers, leading to a fall in sales volume by two to four per cent in the current fiscal

Export of sample is zero-rated in accordance with Section 16 of IGST Act

'AD Cat I banks may close BoE for import deals where write-off is for quality issues'

Ludhiana facility to fast-track bicycle SMEs, says CRISIL report

The industry is clustered in Ludhiana, Punjab, and as many as 85-90% of units are SMEs that cater to original equipment manufacturers

Legal action cannot be made illegal through a retrospective amendment

SME queries related to excise, VAT and exim policy answered

Small and medium sugar millers' margins will get sweeter: CRISIL

The central government raised the MSP from Rs 29 per kg to Rs 31 in February 2019 and sanctioned soft loans of Rs 10,540 crore to help mills repay their cane debt

SWC not payable when basic customs duty debited to MEIS or SEIS scrip

SWC is levied as a percentage of basic customs duty (BCD). So, when BCD is debited to MEIS/SEIS scrip, it is exempted and consequently SWC is also nil. So, it need not be debited to MEIS/SEIS scrip

'Intermediate supplier can export through the ultimate exporter'

Para 4.30 (b) of HBP says that the intermediate supplier can also supply the product(s) directly to the port for export by the ultimate exporter (holder of Advance Authorisation).

In duty drawback, a readymade short-term gain for SMEs: CRISIL

Export growth has slowed in recent years due to waning cost-competitiveness compared with China, Vietnam and Bangladesh

'GST payable on composition fees and import licensing fees paid to JDGFT'

If the ownership of the goods is with the manufacturer, the beneficial owner will be treated as the merchant exporter

Co-working spaces can help MSMEs grow business

In this context, CRISIL believes co-working spaces are a flexible and cost-effective solution for MSMEs to have a full-time marketing or customer support/service team closer to their clients

MEIS benefits allowed for exports through courier, says expert

Para 3.06 (i) of FTP deals with exports of goods through courier or the foreign post office, using e-commerce