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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond

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Long steel products such as rebars, beams, and wire rods form the backbone of India’s construction and infrastructure. For MSMEs, procurement of long steel directly affects project timelines, compliance, and cash flow. This blog explores the key challenges faced by small firms – from price volatility and supply delays to strict BIS standards and heavy documentation – and highlights how smarter sourcing, government schemes, and disciplined practices can turn long steel from a risky purchase into a driver of competitiveness and steady growth.

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Import/export business is a company that either exports products to be sold globally or imports goods to be sold in the domestic market. These organisations have restrictions on the products they can import/export and should obtain the Importer-Exporter Code before starting their business.

For businesses to ace inventory management, it’s important to place reorders in time. The economic order quantity model, enables businesses to reorder stocks in time to meet customer demand while reducing expenses. Read on to learn more about the concept of economic order quantity in logistics, how it benefits SMEs,...

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GST on works contract has become a crucial aspect for businesses and contractors alike, especially with the evolving rules and regulations under the Goods and Services Tax framework. Understanding works contract GST compliance, tax rates, and ITC (Input Tax Credit) eligibility is vital for ensuring seamless operations. In this comprehensive guide, we will cover the key definitions, GST rules applicable to works contract, taxation details, and provide insights into the latest updates.

Last updated on: Jan 17, 2025
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