The industry logged a healthy compound annual growth rate of 11 per cent in the past five fiscals, and is expected to continue growing at a healthy pace
Gujarat produces 7-7.5 per cent of gross domestic product (GDP) and is ranked fifth (among 29 states) in per capita income
Some other companies are also nearing liquidation as no third-party resolution plans have come their way
For items having no SION, consumption of inputs shall be allowed subject to generation of waste, scrap and remnants up to two per cent of the input quantity
The e-way bill provisions have been deferred for now but as the law stands now, you are the recipient of goods but not the consignee
Business Standard invites readers' SME queries related to excise, VAT and exim policy
Regulator could throw more light on the reasons behind these recent U-turns
Value addition in each high-seas sale to form part of value on which IGST is collected at clearance
It was attended by about 1,100 women entrepreneurs of the state
Larger firms are pruning vendor lists, weeding out small suppliers who are yet to register under GST
Presently, there is no exemption of GST on goods imported or procured from local sources by EOUs
American Express survey finds 76% of SMEs see revenue growth in 2017
Concerns over new tax, accounting norms overshadow those about stricter compliance, higher costs
Any IGST you pay can be taken as input tax credit
MSMEs with manufacturing units based in small cities spending more on materials
When a factory closes down, unutilised credit account would lapse, unless it resumes production
Cash conversion cycle refers to time taken to sell inventory, collect receivables and pay suppliers
However, you will have option to pay tax on export and claim IGST refund, says Rajagoplan
Creditworthiness is not a function of absolutes, but of relative size and performance
Some IPOs like that of Focus Lightings were oversubscribed by 89% in last FY