Govt sets up committee to examine tax, export clearance issues of manufacturing sector
The government has set up a committee to examine the tax and export clearance issues being faced by manufacturing units […]
Import Export News
CBI cracks down on ₹1,000-crore gold export fraud at Chennai airport, 5 customs officials booked
The Central Bureau of Investigation (CBI) has filed an FIR in connection with a large-scale gold export scam at Chennai
Exporters seek GST rate parity in air and sea freight
Perishable goods exporters have sought a parity in goods and services tax (GST) rate on sea and air freight to
Textile exporters seek 10% direct subsidy from govt to survive in a post-tariffs era
The textiles and apparel industry, which contributes 2.3% to India’s GDP, 13% of industrial production, and 12% of exports, is
Commerce & Industry Ministry mulling further FDI regime easing, more tax benefits for startups: Official
The commerce and industry ministry is working on a 100-day reforms agenda which may include proposals such as further liberalising
DGTR suggests safeguard duty on imports of some steel items for 3 years
The commerce ministry’s arm, DGTR, has recommended final imposition of a safeguard duty on imports of certain flat steel products
GTRI says some cos misuse duty-free import scheme, calls ‘licence to loot’
The duty free import authorization (DFIA) scheme, aimed at cutting input costs for exporters, is being misused by some companies,
India trade deficit hits eight-month high in July ahead of US tariff hikes
India’s merchandise trade deficit hit an eight-month high of over $27 billion in July as imports surged faster than exports
Govt may roll out Rs 2,250 cr export promotion mission soon: Official
The government is expected to soon announce support measures under the proposed Rs 2,250 crore export promotion mission to help
Govt forms panel to review export barriers amid global trade woes: Focus on customs duties, GST, incentives
The government has set up a committee to examine the impact of customs duties, export incentives and refunds, goods and
