Page 15 - SME

'No provision for refund of unused Cenvat credit if factory closes'

When a factory closes down, unutilised credit account would lapse, unless it resumes production

Non-conventional funding sources help MSMEs reduce cash conversion cycle

Cash conversion cycle refers to time taken to sell inventory, collect receivables and pay suppliers

Under GST regime, no tax payable on goods or services exports: Rajagopalan

However, you will have option to pay tax on export and claim IGST refund, says Rajagoplan

CRISIL SME Tracker: There is more to creditworthiness than size of an MSE

Creditworthiness is not a function of absolutes, but of relative size and performance

Investors get drawn towards SME IPOs

Some IPOs like that of Focus Lightings were oversubscribed by 89% in last FY

'To import goods, excise dealer must register separately as importer'

If registered as Excise dealer, how to import goods and issue Cenvat bill and pass on Cenvat credit

CRISIL SME TRACKER: Housing gets a policy push, but challenges remain

Developers stand to benefit from grant of infrastructure status to affordable housing

'No drawback available if imported goods are used and re-exported'

Service tax will be payable on liquidated damages or penalty for late delivery or non-delivery of goods

Rs 55,000 crore of MSME loans may become NPAs

Total credit portfolio of MSMEs is Rs 12 lakh cr

CRISIL SME TRACKER: Digital push for MSE lending needs more teeth

Traditionally, banks make lending decisions based on the borrowers' financials and collaterals

Trading not allowed under export-oriented unit scheme

The facility for trading units under the EoU scheme was withdrawn in 2002

'Online courses offered to students abroad by Indian entity not taxable'

Place of service provision of service is in non-taxable territory and is therefore, not taxable

TReDS can boost MSMEs' liquidity, with some tweaks

The TReDS proposed by the RBI is expected to provide much-needed liquidity to MSMEs

SMEs to pay 25% tax even if Rs 50-crore limit crossed in FY17: CBDT

Yardstick after FY18 to be decided by Finance Bills of those years

'If provider and receiver of service are both in India, service is taxable'

CRISIL SME Tracker: Diversification makes MSMEs more attractive for lenders

Such MSMEs are more attractive to lenders, having almost twice the leverage over their peers

Better margins, claim settlement can boost bank lending under PMMY

Microfinance Institutions (MFIs) account for over a third of the loans

Software firms eye big opportunities in small businesses after GST roll-out

Govt expects 8 million tax returns in a month after July 1; Over 90% of these will be by SMEs

'Export-oriented units may transfer capital goods to other EOUs'

The procedure to transfer capital goods imported by one export oriented unit to another EOU

MSEs with credit rating increase debt by 70%

Currently, less than one per cent of MSEs in India are rated