The brass parts industry based out of Jamnagar is yet again trying to survive the global recession. In a bid to tackle the current economic crisis, the industry has cut output by almost 30-40 per cent.

Jamnagar brass industry cuts output

Business Standard

I run an e-commerce company, located at Bangalore. Upon receiving an order from a customer living in India, I wish to package and ship goods directly from my supplier located at Dehradun, to customers anywhere in India. What kind of taxes, VAT, Octroi, CST, etc.

'CST payable on sales if goods move from one state to another'

In a move to boost the micro, small and medium enterprise (MSME) sector in Tamil Nadu, the state&rsquo;s government has come forward to address three major constraints &ndash; finance, infrastructure and marketing &ndash; of entrepreneurs.

Tamil Nadu govt to hand-hold small entrepreneurs

Credit growth for micro, small and medium enterprises (MSME) in Gujarat has reported a decline during the December quarter of 2011-12, compared to the September quarter, a report from the State Level Bankers&rsquo; Committee (SLBC)-Gujarat has noted.

Credit growth to Gujarat small units shrinks 

The Confederation of Indian Industry (CII) has launched a cluster development programme for Godrej Interio and its six vendors in the industrial town of Bhagwanpur in Haridwar district of Uttarakhand. The aim of the programme is to increase business output and improve quality.

CII launches cluster development for Godrej Interio, vendors

The increasing adoption of information technology solutions by small and medium enterprises (SMEs) across all sectors is fuelling the growth of Bangalore-based business solutions software provider Tally Solutions (P) Ltd.

Tally Solutions to aggressively target smaller businesses 

With vast amounts of medical data generated each year, many small and medium-sized healthcare enterprises are opting for cloud technology to store, access and share data, to reduce operational costs and increase efficiency.

Healthcare SMEs use cloud services to reduce cost

We had imported certain goods from China and payment was made under LC. We find that the goods are sub-standard. We have taken this up with the supplier but he is not responding properly to our requests. Before we look at the legal options, we want to know if there is any way our government can help us.

'Export obligation can be discharged only by earning foreign currency'

The value of coming together on a common platform was recently brought home to small and medium garment manufacturers in Ludhiana, who say they have been paid most of their dues by customers who were earlier withholding payments or delaying them.

Garment makers force buyers to clear dues

The scientific instruments cluster at Ambala in Haryana, which houses about 1,000 micro and small enterprises, is struggling for survival.

Scientific instrument manufacturers in Ambala turn traders

The machine tools industry is always the first to be affected in a slowing economy and the last to recover during a revival. However, bucking this trend for the first time, the Indian machine tool sector is poised to grow by over 15 per cent this year. An assessment by the Indian Machine Tool Manufacturers Association (IMTMA) reveals that the top 25 companies, which account for over 60 per cent of the organised sector, have orders sufficient to last them until the middle of 2012-13. As of December 2011, some of them had even stopped taking extra orders owing to capacity constraints.

Machine tool industry bucks the slowdown trend

We stopped filing declarations or paying premiums in August 2010 against Standard Comprehensive Policy issued in September 2009 by Export Credit Guarantee Corporation (ECGC). Now we want a fresh Policy but ECGC says that we must declare all shipments from August 2010 onwards and pay the premium but will not get risk cover for the same.

'Insurers are justified in refusing to deal with those who fail to pay premiums'

Small and medium enterprises (SMEs) in Uttarakhand are expected to get a big push following the recent transfer of ownership of 18 industrial estates spanning 2,000 acres of industrial land to it by the Uttar Pradesh government.

New industrial estates to boost SME growth in Uttarakhand

Taking exception to the high interest rates charged by banks in lending to SMEs (small &amp; medium enterprises), the Utkal Chamber of Commerce and Industry (UCCI), an apex body of SMEs in the state has pitched for reduction of interest rates in the ensuing Union Budget.

UCCI seeks interest rate cut for SMEs

The Mysore District Micro, Small &amp; Medium Enterprises Association (MDMSMEA) has sought the creation of infrastructure in the industrial areas of Mysore to attract new investors and boost industrial activity.

Create facilities for businesses, urges Mysore industry

In a bid to cash in on the growing auto sector in Gujarat, Ahmedabad-based ERP solutions provider Intech Systems Pvt. Ltd. is vying for foundries and capital equipment manufacturing (CEM) SMEs in the state. Based on the Microsoft platform, the company plans to offer customised ERP solutions for the foundries and CEM SMEs in Gujarat.

Ahmedabad-based Intech eyes foundry SMEs in Gujarat for ERP

The working group on the growth of micro, small and medium enterprises (MSMEs) in the 12th Five-Year Plan (2012-2017) has said that if the sector has to grow, the focus should be on finance, including credit; infrastructure; technology; marketing and procurement; skill development and training; and strengthening institutional structures.

12th Plan strategy to boost MSME growth mooted

Semiconductor Equipment and Materials International (SEMI) India, the Indian chapter of global trade association SEMI, which represents manufacturers of solar photovoltaic (PV), semiconductor, micro electronics, LED and flat panel display equipment, says that increasing solar adoption will open up new opportunities for small and medium enterprises (SMEs), which were hitherto confined to catering to the telecom segment. In an interview, SEMI India President Debasish Choudhury tells K Rajani Kanth what the solar industry offers SMEs.

Solar power is a big opportunity for small and medium units: Debasish Choudhury 

Contrary to the general belief that credit shortage is the biggest worry of micro, small and medium enterprises (MSMEs), many small entrepreneurs say multiple taxes and the need for compliance with multiple government departments are equally critical challenges for them.

'Delayed GST a major cause of worry'

Private equity (PE) investments in India&rsquo;s SME sector dropped by 43 per cent to $134 million in 2012 (January to year till date) from $236 million in the corresponding period of 2011. The number of deals fell by 34 per cent during this period.

SMEs see a 43% fall in PE investments in Jan-Mar

We manufacture goods bearing a brand name or sold under a brand name and falling under chapter 61, 62 or 63 (except 6309 and 6310). We bring back goods cleared on payment of duty to the same factory from where we cleared the goods and after remaking, reconditioning, repacking, etc., clear them without duty payment, availing exemption under notification no.

'Goods cleared on payment of duty can be brought back to any factory'

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