COMPOSITION SCHEME UNDER GST – A BOON TO SMALL AND MEDIUM SCALE ENTERPRISES
A detailed note on Composition Scheme encompassing details of rate of tax, return filing, benefit and challenges, annual return and more.
Tag: MSME
MSME demand separate GST slab
The Federation of Coimbatore Industrial Associations (FOCIA) has urged the Union government to introduce a separate GST slab for the products of micro, small and medium enterprises (MSME) as they could not compete with the big companies. Members of 20…
MSME Industry Body Seeks Review Of GST Levy On Land Lease Transactions
The Chamber of Small Industries Association (COSIA) has urged the government to revisit the issue of GST on leased land affecting MSMEs across the country. In an official release here on Thursday, COSIA president Sandeep Parekh said that the GST…
No information on whether GST badly affected MSMEs – MSME ministry
Even as MSMEs have been critical of the government’s Goods and Services (GST) tax on multiple occasions since its launch in 2017, the MSME ministry said it hasn’t come across any information related to the negative impact of the tax…
7 new PLI schemes just approved; MSMEs are real beneficiaries of PLI scheme: Piyush Goyal
Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal announced that 7 new PLI schemes that are not part of the original program had just been approved and reiterated the Government’s commitment…