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India Partners with ADB on Warehouse and Cold Chain Rating System
Synergy Marine Group Handles 63 Wind Turbine Blades on Kamsarmax Voyage
CODISSIA Seeks GST Relief for MSMEs Making Export Castings
Photon Marine wins $1M Megaboost Award for Erie Canal marine electrification project
ASSA welcomes Terry Nawara and David Finn to its board
Supreme Court revives Trump's third-country deportation policy for now
Ports Move into Empty Container Depot Business as Empty Box Volumes Surge
RCL books four more container ships at Huangpu-Wenchong
Astonishing war-driven shipping markets to last into European winter
Panama Canal Eases Draft and Transit Restrictions As Water Levels Improve
CODISSIA Seeks GST Relief for MSMEs Making Export Castings
CODISSIA said MSMEs
face GST-related challenges and compliance issues when procuring these
essential tools for export-oriented manufacturing. The association has sought
provisions under the Integrated Goods and Services Tax (IGST) framework to
provide exemption or relief for such purchases. CODISSIA President V. Rangaswamy raised the
issue during discussions with officials of the Central Board of Indirect Taxes
and Customs (CBIC) and the Ministry of MSME in New Delhi. The association also
submitted suggestions aimed at easing compliance and improving the business
environment for MSMEs.
The representation
comes as the manufacturing sector seeks measures to reduce input costs and
simplify procedures for export-oriented MSME units.
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