Page 8 - Export

Tax refund scheme for exporters to be brought before Cabinet soon: Goyal

Goyal said government is encouraging its entrepreneurs to expand their manufacturing operations in the current global trade situation where nations are engaged with each other in a trade war

New registration norms by Saudi add to Morbi tile cluster's woes

The Saudi Arabian government has changed technical requirements for suppliers of ceramic tiles, forcing the units in Morbi to apply for certification for valid exports

Trade remedies to be amended to protect, strengthen domestic industry

The draft amendments are likely to be notified soon by the revenue department after legal vetting

Govt to release norms for forex credit to exporters at affordable rates

Commerce and Industry Minister Piyush Goyal said that the ministry was waiting for Finance Minister Nirmala Sitharaman to take a call on some of the issues on export credit

Finance, commerce ministries lock horns over fiscal support for exporters

The commerce department last month pitched for the additional 2 per cent MEIS, introduced in 2017 for a few months, as a transitionary measure

No duty or tax payable by EOUs on re-export of goods imported free of duty

The merchant exporter can take credit of the GST that you charge and claim a refund of the same under Rule 89 (4B) of the CGST Rules, 2017

India's exports battle amid US-China trade war: Explained in 7 charts

Several indicators point to a loss of momentum for the global economy

Newer language of global trade

Incoterms are invariably incorporated in all international contracts for sale of goods

India only Asian economy that's growing its export share amid trade war

Trade tensions between the US and China have given India an opportunity to ramp up exports to both countries

Govt likely to roll back MEIS incentive as part of new export-import policy

Textile industry fears that the Commerce Ministry's decision would kill exports.

Exports fall 9.71% to $25 bn in June; trade deficit lowers to $15.28 bn

Imports too declined by 9 per cent to $40.29 billion in June 2019 against $44.3 billion in June 2018 mainly due to falling prices of petroleum products

High indirect taxes are hurting exports, Make in India initiative: Experts

Exports of goods and services accounted for just 6.9 per cent of India's GDP in 1990-91 and they grew by record high of 25.4 per cent in FY14

Traders must furnish all information called for by authorities: Expert

Free shipping bills as well as third party exports can be counted towards discharge of EO against EPCG authorisations

Signs of hope on the export front

Twenty of the 30 major product groups were in positive territory for March, most of these showing impressive growth

Court orders halt to arbitrary govt

For 15 months, the govt turned a deaf year to representations from exporters, before removing the pre-import condition in early January 2019

EOUs can re-import goods rejected by buyer for repairs, re-export: Expert

According to Para 2.46.II (a) of FTP, goods imported against payment in freely convertible currency would be permitted for export only against payment in freely convertible currency

Modi govt establishes high-level advisory group to boost exports

The panel has been set up as a temporary measure and is set to meet for the next two months regularly, and then it will submit a report to the commerce ministry

Suresh Prabhu tweets export numbers ahead of schedule, brings cheer

Prabhu's comment is also thought to have affected the fortunes of the volatile Rupee which managed to stem its continuous fall over the past few days

With termination of export subsidies, is India overstaying its US welcome?

The US over last eight years made two allegations, one of them being India cannot provide export subsidies because it is no longer a low-income developing country.

Exports fall for first time in five months in March as trade deficit widens

Imports rose 7.2% on year to $42.8 billion in March