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Key Price Trends and Outlook for HR Coils and Plates (Outlook for August…

The Indian steel market for HR Coils and Plates is currently experiencing a downturn in July 2025. HR Coil prices have dropped by ₹800/tonne week-on-week, while HR Plate prices remain mostly stable, with some thinner plates showing a slight decrease. This weakness is driven by monsoon-related low demand and a surge in imports from countries like China and South Korea. Looking ahead, a mild price recovery is anticipated in September–October, following the monsoon season and a potential government policy on import duties.

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Logistics

Logistics

Fulfillment centres in India: How do they work?

Fulfillment centres are places where product orders are processed and shipped to the customers. These establishments are usually owned by 3PL logistics providers who help brands store and manage their inventory and provide last mile delivery services.

Logistics

What is awaiting fulfilment in logistics order status?

Awaiting fulfilment is one of the shipping terms that refers to a stage in order fulfilment. This is a term that is often indicated in the order status once the order is received. It is important to know the term as it will tell you what is happening with the...

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MSME

Electronic Credit Ledger in GST – Structure, Balance Utilization, and Refunds

The Electronic Credit Ledger (ECL) is a vital tool in India’s GST system, digitally tracking Input Tax Credit (ITC) for taxpayers. It ensures efficient tax management by enabling ITC utilization, addressing discrepancies, managing refunds, and complying with recent updates, making it essential for seamless GST compliance and accurate financial record-keeping.

Last updated on: Jan 17, 2025

Anirban Sinha

MSME

GST Return: A Step-by-Step Guide for Filing GSTR in 2025

Learn everything about GST return filing in this comprehensive guide. Explore different types of GST returns, including GSTR-1, GSTR-3B, and GSTR-9, along with who needs to file them and how. Get detailed steps for filing returns online, know due dates, understand penalties for delays, and stay informed about the latest updates to simplify compliance and avoid errors.

Last updated on: Feb 20, 2025

Anirban Sinha

MSME

Section 122 of GST Act: Penalties for Tax Evasion and Willful Offenses

Section 122 of the GST Act plays a pivotal role by outlining penalties for wilful offenses, such as tax evasion, invoice manipulation, and non-payment of collected taxes. For businesses and GST professionals, understanding these provisions is essential to mitigate risks, avoid penalties, and maintain a spotless compliance record.

Last updated on: Nov 22, 2024

Anirban Sinha

MSME

Taxes Subsumed Under GST: Objectives, Principles, Pros & Cons

GST has transformed India’s tax landscape by subsuming multiple indirect taxes, simplifying the taxation system, and contributing significantly to economic growth. After more than a decade of effort by the Government of India, GST now plays a pivotal role in the economy. Let's explore which taxes subsumed under GST, its objective, principles, pros, cons, impacts, and the taxes that could not be subsumed under GST.

Last updated on: Feb 20, 2025

Anirban Sinha

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