I am having a query regarding import of re-manufactured parts from the US. The cost of re-manufactured parts will be a fraction of new parts. For example: If a new cylinder liner cost $1500.00, the re-manufactured would cost $150.00. Please advise, (a) if there is some special procedure for import of re-manufactured parts (b) what will be the custom duty on re-manufactured parts.

Import of re-manufactured goods is allowed only against a licence

Business Standard

The Small Scale Detergent and Soaps Manufacturer Association (SSDSMA), a nodal body with 50 companies as its member in West Bengal, has launched a strong protest against the proposed imposition of safeguard duty on import of linear alkyl benzene (LAB). The association claims the safeguard duty would result in an equivalent hike in the price of LAB which constitutes around 50-60 per cent of detergent.

Raw material duty hike opposed in Bengal

Export oriented units likely to target the domestic market as slowdown hits home.

Agra footwear units change tack

A slowdown is not necessarily a time for businesses to cut production or to shelve expansion. There is a counter-intuitive view that suggests ramping up production in the lean times to be better prepared for the highs of the business cycle.

West Bengal apparel firms see opportunity in slowdown

Small and medium enterprises in Khandwa are still awaiting the state government&rsquo;s response on the land diversion tax issue. The tax is levied when industrialists intend to change the use of land from agricultural to industrial.

Khandwa units struggle as govt fails to rationalise land diversion levy

AMI Partners specialises in analysis of Information Technology, Internet and telecom trends in the small and medium enterprises segment at a global level. The New York-based research firm has tracked Small and Medium Enterprises in 30 countries and has identified high-spending units or clusters. In December 2008, AMI launched a survey, &lsquo;Quarterly Pulse&rsquo;, in eight countries &mdash; including India &mdash; to reflect the impact of the current downturn on SMEs. Chairman &amp; CEO Anindya Bose told Pradipta Mukherjee that AMI had revised the SME growth outlook for 2008-2012 from 20 per cent to around 15 per cent.

'Nearly a fifth of non-PC units will invest in IT over next 12 months'

Rule 6(3) of Cenvat Credit Rules, 2004 provides two options to the manufacturer. The first option is to pay an amount equal to ten per cent of the value of the exempted goods and the second option is to pay an amount equivalent to the CENVAT credit attributable to inputs and input services used in, or in relation to, the manufacture of exempted goods.

Excise department must issue EPCG installation certificate within 30 days

To be inaugurated on February 23, the centre will offer comprehensive solutions.

Mohali gets pharma training centre

The downturn has bypassed tractor demand; ancillaries run near capacity.

Chandigarh auto units stay afloat

The annual Kolkata Book Fair is recovering its attraction for book lovers, many of whom were upset after its shifting last year from the centrally-located Maidan, the traditional venue.

Business recovers at Kolkata Book Fair

Morababad in Uttar Pradesh is renowned for brasswork. Skilled artisans work on brass pieces and turn these into visual delights. There are about 600 export units and 5,000 industries in the district. However, the units face the all-too-familiar problem of marketing. To remedy this, the ministry of textiles has sanctioned Rs 70 crore to set up a marketing hub in the region.

Rs 70 cr marketing hub for Moradabad

The official draft of a new agricultural policy for Uttarakhand will aim to bar farmland from conversion to other use and to achieve food security. Farm land is proposed to be covered under various Special Agricultural Zones (SAZs) for the purpose.

Uttarakhand to keep farmland for agro-use only

Chikan traders, carpet weavers opt for domestic consumers in the downturn.

UP units target local markets

Through notification no. 50/2008-C.Ex.(N.T.

For the purpose of DEPB , DGFT circular will prevail

The Kerala Department of Industries has initiated measures to provide the much-needed leg up to the food processing industry in the state.

Kerala plans to make an impact in food processing

Small and medium booksellers in Kolkata are planning a host of events during the week-long Kolkata Book Fair this year.

Kolkata Book Fair forced to reinvent itself

When a high-powered committee recently cleared proposals of 67 small industries in Uttarakhand, a new beginning was made for the micro, medium and small enterprises (MSME) sector in the state.

U&#39;khand reserves 25% land for small units

Textile and handloom units in Orissa have reported nearly 30 per cent slump in sales over three months.

Orissa textile units seek bailout package

A struggling industry demands roll-back of taxes to revive itself.

Taxes stifle textile growth in Punjab

The common man&rsquo;s fabric for years, khadi, is in the process of a facelift.

Khadi gets a helping hand in marketing

Nearly 5 million non-PC companies, or 22 per cent of small enterprises in India, have plans in the next 12 months to invest in computers for the first time. This will also boost investments in other IT categories such as software, services, security, etc, according to a recent study by New York-based Access Markets International (AMI) Partners.

&#39;5 million SMEs to buy a PC over next 12 months&#39;

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