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A Practical Approach to Planning Industrial ModernisationIndustrial modernisation can help manufacturing businesses improve productivity, control operating costs and adopt better technology. However, purchasing new machinery without proper planning can increase financial pressure instead of delivering the expected benefits. Before starting an upgrade, businesses should assess their existing operations, identify genuine improvement areas and calculate...0 Comments 0 Shares 23 Views 0 Reviews
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GST Refund Planning for Manufacturing BusinessesManufacturing businesses often accumulate significant input tax credit because GST paid on raw materials, components, services and other business inputs may not always be fully adjusted against output tax liability. This situation can be more common in export-oriented businesses and industries where the tax rate on inputs differs from the applicable rate on finished products. Therefore,...0 Comments 0 Shares 1K Views 0 Reviews