E-Commerce to get tax refunds at par with other exports : DGFT
NEW DELHI : The ministry of commerce is in talks with regulators and other departments to put in place systems that will level the field between exports through and traditional channels, when it comes to
CBIC clarifies several queries related to Electronic Cash Ledger raised by EXIM trade / customs brok…
NEW DELHI : In a series of tweets, the Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance clarified several queries pertaining to Electronic Cash Ledger, raised by the EXIM
Customs system glitch chokes shipments at ports pan India, traders pay heavy demurrage charges
NEW DELHI : Several shipments have been stuck at Indian ports due to glitches in the customs IT system, leading to importers paying heavy demurrage charges. According to trade reports, shipments worth Rs 3,000-5,000
EY India proposes four-pronged strategy to empower India’s logistics sector
Global consulting firm EY has proposed a four-pronged strategy to empower India’s logistics sector: adopt advanced technology and explore new business models; accelerate infrastructure development; focus on sustainable logistics; and attract investment and investor
Imports stuck at ports due to payment glitches
MUMBAI : Import consignments are stuck at ports and terminals across the country, impacting several sectors since April 1, due to glitches in the new payment system. Highlighting the issue of non-payment of customs
The Commercial operations of Chennai-Puducherry Coastal container feeder service set to commence
CHENNAI : Commercial operations of the short-haul coastal container feeder service between Chennai and Puducherry ports will begin from the first week of April, according to Mr. Jude Vallabadas, CEO, Projects, Global Logistics Solution India Pvt.