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

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Procurement

Steel Mahakumbh 2025, what it is and why MSMEs should care

Steel Mahakumbh 2025, held in Mumbai, combined a major steel expo with the 37th National Conference on Sustainable Steel. The event saw MoUs worth over ₹80,000 crore, strong policy signals on green steel, and the launch of the Green Certificate. For MSMEs, the value was in direct access to mills and service centres, price discovery on the floor, and compliance clarity through MTCs and standards. Beyond announcements, it offered practical contacts and insights to guide future procurement decisions.

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Logistics

Logistics

Why is customer service in logistics important?

Customer service in logistics ensures that your customers have a positive delivery experience. High rates of order fulfillment, speed and frequency of delivery, inventory visibility and on-time delivery are a few factors which determine the efficiency of customer service in logistics.

Logistics

Advantages and characteristics of logistics management

Logistics management is the process of managing all the logistics processes including order fulfillment, warehousing and transportation of goods. The key benefit of logistics management is that it can reduce logistics costs while ensuring fast delivery. It also enables businesses to stay efficient and drive revenue growth.

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MSME

GST Refund: Types, claim process, docs, and check status for businesses

Navigating the GST refund process in India is crucial for businesses, especially MSMEs and exporters, who depend on refunds to maintain their cash flow. This comprehensive guide will walk you through the eligibility, types of refunds, application process, key documentation required for GST refunds and many more.

Last updated on: Jan 17, 2025

Anirban Sinha

MSME

Letter of Authorization for GST: Purpose, use, format, and Importance

A Letter of Authorization (LOA) for GST enables a designated Authorized Signatory to handle GST compliance tasks on behalf of a business, such as filing returns, responding to tax notices, and managing audits. This document simplifies GST processes by appointing a responsible representative, ensuring accuracy, legal compliance, and timely submissions. Learn how to draft a valid LOA, understand its benefits, and maintain it for effective GST management.

Last updated on: Nov 15, 2024

Anirban Sinha

MSME

Understanding Anti-Profiteering in GST: Rules, Benefits, and Impact

Anti-profiteering under GST (Goods and Services Tax) refers to measures taken by the government to prevent businesses from making undue profits by not passing on the benefits of reduced tax rates or increased input tax credits to consumers. This concept is enforced by authorities to ensure that any reduction in GST rates or additional benefits gained through input tax credits are reflected in the prices of goods and services, ultimately benefiting the end consumer.

Last updated on: Nov 8, 2024

Anirban Sinha

MSME

Section 73 of CGST Act: Detailing Tax Recovery Without Fraud

Section 73 of the CGST Act addresses tax recovery cases without fraud, misstatement, or fact suppression. The section focuses on compliance and procedural fairness, with interest applied on overdue tax amounts. Let's understand this in detail.

Nov 6, 2024

Anirban Sinha

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What is bitumen concrete: Guide for highway & infrastructure projects

Last updated on: Jul 20, 2026/

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Bitumen concrete forms the final wearing course on most highways, expressways, and airport pavements, directly influencing ride quality, durability, and...

Bitumen price in India: Latest VG 30, VG 40, PMB & CRMB rates

Last updated on: Jul 17, 2026/

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Bitumen prices in India vary by grade, refinery, order quantity, and delivery location. Understanding these factors helps contractors estimate procurement...