SC stays HC order which removed GST on oxygen concentrators imported as ‘Gift’
The Ministry of Finance in an appeal said that the High Court encroached into policy by quashing the May 1 notification, which had imposed 12% IGST on concentrators
AIMTC demands reduction in excise duty, VAT to help survive transport industry
NEW DELHI : Apex transporters” body AIMTC on Monday demanded reduction in excise duty by the Centre and cut in value added tax by states on diesel and petrol, and warned that
CBIC asks officials to handhold businesses in tax refund claims
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) has asked field officers to handhold businesses and merchants in their tax refund claims to help
DGFT services on trader code, Aadhaar link to remain suspended from June 1-6
NEW DELHI : The government on Wednesday said that services of the Directorate General of Foreign Trade such as application for a new importer-exporter code (IEC), modification applications
Going global for Vision 2041: Why is trade connectivity crucial ?
NEW DELHI : The country’s trade environment will significantly benefit by evolving from a ‘controlling trade’ approach to that of a ‘facilitating trade’ Bangladesh has made remarkable economic
New foreign trade policy to retain key schemes despite WTO trouble
NEW DELHI : The government will likely retain certain key export schemes, such as those relating to special economic zones (SEZs) and export-oriented units, in the next foreign trade
SOHAR Port continues to attract Foreign Investment despite turbulent Market conditions
SOHAR/OMAN : Despite the current challenging market conditions resulting from the pandemic and fluctuating oil prices, SOHAR Port and Freezone reported an increase in cargo volume and overall
ZIM Reports Financial Results for the First Quarter of 2021
HAIFA : ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today its consolidated results for the three months ended March 31, 2021. First
Covid-19: The world economy is suddenly running low on everything
MUMBAI : A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s firms furiously trying
India, EU set to resume free trade agreement talks soon, says official
NEW DELHI : India and the European Union will soon start talks for a free trade agreement (FTA), a senior Indian government official said on Wednesday, adding that