The government has rationalised the duty drawback scheme for exporters and brought more items under the scheme for tax refund to give a boost to merchandise exports from the country. The government on ...
The Federal Board of Revenue has issued a new formula for calculation of duty drawback rates for exporters under the "manufacturing bond scheme" to clear thousands of pending claims at the level of ...
Exports and economic growth go hand in hand. India’s most recognised period of economic growth after the 1991 reforms saw exports rise from just 7% of GDP to 25% over 20 years. Poverty fell from 50% ...
The relief on platinum jewellery and articles of platinum has also been revised upwards from ₹4,468.10 to ₹5,234.00 per 10 grams.(AFP) New Delhi: The government has raised duty drawback rates on ...
India faces ongoing challenges with export promotion schemes, as major trade partners like the EU and US impose countervailing duties, viewing them as subsidies. Even with the replacement of MEIS by ...
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