Tax Exemption for Food Processing Industry

Tax Exemption for Food Processing Industry It is due to absence of modern cold storage facilities that India has incurred post-harvest fruits and vegetable losses. Focus on this sector will boost food availability, reduce inflation and increase the overall GDP…

NSIC Registration – Charges and Procedure

NSIC Registration - Charges and Procedure NSIC or National Small Industries Corporation is a Government of India enterprise under Ministry of Micro, Small and Medium Enterprises (MSME). NSIC helps promote, aid and foster the growth of  MSME businesses in India by operating…

Performance & Credit Rating Scheme for MSME

Performance & Credit Rating Scheme for MSME The MSME sector plays an important role in the Indian economy. The fast changing economic scenario has given rise to many opportunities and challenges for the small businesses. However, inspite of all the…

Technology Bureau for Small Enterprises (TBSE)

Technology Bureau for Small Enterprises (TBSE) The Technology Bureau for Small Enterprises (TBSE) is a platform for MSMEs to tap opportunities at the global level for the acquisition of technology or establishing business collaboration. TBSE is a result of the cooperative initiative…

EPCG Scheme & EPCG License – Benefits & Registration Process

EPCG Scheme & EPCG License EPCG License, like the Importer Exporter Code, is of interest and concern for indigenous businesses that either import from or export heavily to companies abroad. It is a scheme introduced by the government to incentivize…

EPCG Export Obligation

EPCG Export Obligation EPCG scheme facilitates import of capital goods for producing quality goods and services to enhance India's export competitiveness. Under the EPCG scheme, capital goods imported at zero customs duty must fulfil EPCG export obligation equivalent to 6…

FPTUFS Scheme – Food Processing Industry

FPTUFS Scheme - Food Processing Industry The Food Processing Industry Technology Upgradation Fund Scheme or FPTUFS aims at up gradation of processing capabilities of sectors in food processing viz., fruits and vegetables, milk products, meat, poultry, fishery, cereal /other consumer food…

Diamond Dollar Account Scheme

Diamond Dollar Account Scheme Diamond Dollar Account (DDA) scheme allows firms and companies dealing in purchase or sale of rough or cut and polished diamonds or precious metal jewellery with at least three years in import of export of precious metals…

Export Promotion Capital Goods – EPCG Scheme

Export Promotion Capital Goods - EPCG Scheme Export Promotion Capital Goods (EPCG) Scheme helps facilitate import of capital goods into India for producing quality goods and service and to enhance India's export competitiveness. EPCG scheme allows for import of capital goods…

SEZ Unit Benefits in India

SEZ Unit Benefits in India SEZ or Special Economic Zone (SEZ) is a specifically delineated duty free enclave that is deemed to be foreign territory for the purposes of trade operations, duties and tariffs. Goods and services going into the…