As global trade picks up pace after the ravages of the pandemic, an industry lobby's survey has found that an overwhelming number of exporters are worried about competitiveness
An exporter must make a claim for RoDTEP in the shipping bill or bill of export by making the prescribed declaration
Shipping companies counter that their costs have soared as well
Indian exporters complain of increase in freight rates by 300% to 1000% for various destinations and additional charges
Clearing their dues has been a long-standing demand of exporters
A person aware of the matter said that the decision was taken in a meeting on 'export logistics Issues and their resolution'
There is no provision of late cut under RoSCTL
Ask govt to regulate them, bat for a larger Indian shipping company
Based on estimates of the Directorate General of Shipping, the country has seen a 15 per cent fall in the supply of containers in 2021 for various reasons
The External Affairs Ministry and the Commerce Ministry should interact with the exporters and find out what they actually need from our diplomats abroad and try to meet their specific requirements
No change in stock holding limit for retailers, which has been kept at five tonnes
Merchandise exports nearly trebled in April to $30.63 billion over the same period last year
In an attempt to ensure liquidity for exporters in difficult period of Covid, govt has decided to credit all customs refunds and duty drawback claims, made by them upto May 14, by the end of the month
Exporters also cite container shortage; imports continue to rise due to revival in domestic economy and high commodity prices
The government has introduced the Agriculture Infrastructure and Development Cess that will be levied on select imported goods and petroleum products
Exporters were earlier entitled to import raw material without payment of IGST under the AA licence
Trade deficit at 25-month high as imports surge 8% after continuous declines; Data shows industrial activity picking up in December
The main objective of RoDTEP is to refund the duties and taxes that are not rebated or exempted through schemes for duty drawback, advance authorisation, EOU etc
The scheme will refund to exporters, the embedded central, state and local duties and taxes
The exporters need not give in to the unreasonable demands of the DRI.