Concessional import duty rules simplified: CBIC
NEW DELHI : Businesses have been given more flexibility in using machines and materials imported at concessional duty for export production, said an official statement from the Central
Sustained growth in North America East Cost import volumes
LOS ANGELES : North America East Coast laden container imports in the first quarter of 2021 grew by 22.3% year-on-year, according to a Sea-Intelligence report. Growth was also
Commerce Ministry weighing proposal to revamp scheme for services exports
NEW DELHI : The commerce ministry is weighing a proposal to overhaul a key scheme for services exporters to make it more broad-based and foolproof so that a
Indian oil refiners cut output, imports as pandemic hits demand
NEW DELHI : India’s top state oil refiners are reducing processing runs and crude imports as the surging COVID-19 pandemic has cut fuel consumption. India’s top oil refiners
Gems, jewellery exports surge to Rs 25,226 Cr in April: GJEPC
NEW DELHI : The demand for gem and jewellery is back in major export markets, as the overall shipments of gems and jewellery surged to Rs 25,226.11 crore year-on-year
Exporters wait for Centre to release tax refunds worth Rs 40,000 crore as liquidity crisis continues
NEW DELHI : The government’s largest export incentive policy, the Merchandise Exports from India Scheme, was discontinued on January 1, 2021. Covering up to 75 per cent of
Services exporters hit as benefits held back
NEW DELHI : The Service Exports From India Scheme (SEIS) was introduced in the Foreign Trade Policy (FTP) for 2015-20; the validity of the FTP has now been
Govt. may notify export refund rates by May end: DGFT Yadav
NEW DELHI : The government may finally notify the refund rates for taxes paid on exported goods by the end of this month, a senior trade official said
Exporters appeal to Bengal govt to bring their operations within the ambit of essential services
KOLKATA : Exporters on Saturday appealed to the Bengal government to bring their operations within the ambit of essential services after the state ordered a shutdown of all
April exports yet again show an impressive performance on the back of extremely good order booking p
NEW DELHI : Reacting to the trade data of April, 2021, Mr Sharad Kumar Saraf, President, FIEO said that the impressive growth reiterates our assessment that order booking