Govt exempts 5% integrated GST on ocean freight imports from October 1
NEW DELHI : The government has exempted payments made for goods imported through ocean freight from 5 per cent integrated GST with effect from October 1. The Finance Ministry has notified changes to the
‘Vivad Se Vishwas Scheme’ approves over 10,000 claims worth Rs 256 Crore for MSMEs within six months of launch
NEW DELHI : In a significant development benefiting Micro, Small, and Medium Enterprises (MSMEs), various Ministries and Departments of the Government of India have approved over 10,000 claims from MSMEs under the Vivad se
India-Middle East-Europe Economic Corridor not a threat to Suez Canal : DP World CEO
DUBAI : The development of the India-Middle East-Europe Economic Corridor (IMEC), unveiled at the G20 Summit two weeks ago, will not threaten established maritime routes like the Suez Canal, Sultan Ahmed Bin Sulayem, Group
Government extends support under Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) till 30th June 2024
NEW DELHI : The Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) support which was notified till 30th September 2023 is now being extended till 30th June 2024 at the same
Now, a direct shipping service between Chennai and China
CHENNAI : A direct container shipping service will be available for the trade between Chennai and China with DP World, a global logistics provider, recently hosting the inaugural call for the Far East India
Hapag-Lloyd increases rates from India to Africa
HAMBURG : German box line Hapag-Lloyd announced a new General Rate Increase (GRI) from India to Ghana and Nigeria for cargo transported in 20’ and 40’ dry containers, including high cube equipment. The Hamburg-based
VOC Port in Tamil Nadu creates history with India’s first Green Ammonia import, to promote ‘Fuel Of Future’
TUTICORIN : The V O Chidambaranar (VOC) Port, located in Tamil Nadu has made history by becoming the first port in India to handle green ammonia. V O Chidambaranar Port Authority, a state-owned entity
India allows 75,000 tonne of Non-Basmati white rice exports to UAE
NEW DELHI : India on Monday said that it has allowed the export of 75,000 tonnes of non-Basmati white rice to the UAE. In a notification, the Directorate General of Foreign Trade (DGFT) said: “Export of 75,000 MT of