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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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Most small businesses face logistic challenges in India. The inability to bear high transportation costs tops the list. Realising the need for change, the government today has introduced several new schemes to cut logistics costs. Moreover, with the logistics services sector expanding and getting more competitive, there are several affordable...

Warehouse is an integral part of organisational supply chain management. It involves the inflow and outflow of goods, and managing it efficiently impacts business efficiency, sales and revenue, returns and refunds, and overall customer satisfaction. We take a look at what is warehouse logistics management, it’s role in present-day SCM...

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Cess in GST refers to an additional tax levied on specific goods to generate extra revenue for the government. Calculating cess involves applying a fixed rate to the taxable value of goods. This article provides information on the calculation of cess rates, its effect on prices, and current examples to ensure that tax calculations are precise.

Last updated on: Jul 15, 2024

Did your GST ever get cancelled? There are a couple of reasons why this might have happened. Maybe if one voluntarily chose to cancel because your business turnover fell below the threshold, or you have closed shop. Or perhaps it was involuntary due to things like missing GST return deadlines, unpaid taxes, or other rule violations.

Last updated on: Aug 13, 2024

The GST Council plays a crucial role in shaping India's indirect tax landscape, making decisions that affect the Goods and Services Tax (GST). Understanding its functions help appreciate its pivotal role in India's tax regime and economic development.

Last updated on: Feb 20, 2025
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