According to the trade data released by the Union ministry of commerce on Friday, India’s trade deficit is at the lowest it has been for
Category: EXIM
In duty drawback, a readymade short-term gain for SMEs: CRISIL | Business Standard News
CRISIL expects the export incentives announced by the government in December 2018 to materially benefit the readymade garments (RMG) segment. In fiscal 2018, the segment housed about 37,400
India can’t look for US support and fight a trade war with it – The Financial Express
We were hoping against all hope. The message was loud and clear but we were turning a deaf ear to it. After months of simmering
Anup Wadhawan: India to achieve $330 bn record exports this fiscal: Commerce Secy Anup Wadhawan – The Economic Times
Notwithstanding global challenges like protectionist measures by some countries, India is projected to achieve all- time record exports of $330 billion in fiscal 2018-19 with a major contribution coming
Indian exports can thrive sans GSP sops–Economic Times
India can and should take the US move to remove tariff concessions for India under the Generalised System of Preferences (GSP) in its stride. India
Trade error | US steps to raise tariffs –Business Standard Editorials
The United States administration has decided to exclude imports from India and Turkey from its Generalised System of Preferences (GSP) scheme. The scheme allows for
India shrugs off US move to end preferential trade treatment – The Hindu BusinessLine
Impact limited to $190 m a year, says Commerce Secretary; will continue talks to iron out differences The duty-free status available to 3,500 Indian goods
Chinese cheer for Indian exports – The Hindu BusinessLine
Amidst growing concerns about the trends in India’s export growth over the coming months due to perceptible signs of a cooling global economy is an
Court orders halt to arbitrary govt |Advance Authorization Scheme– Business Standard Column
In a telling judgment, the Gujarat high court has, in the case of Maxim Tubes Company and Others vs Union of India, struck down the pre-import condition
MEIS benefits allowed for exports through courier, says expert | Business Standard News
We are a manufacturer-exporter of engineering goods (automobile parts). We make regular exports through couriers. Para 3.06 (i) of FTP restricts MEIS benefits to only Appendix-3C items for exports through
US, Canada may object to India’s quantitative cap on pulses imports – The Hindu BusinessLine
India is set for another trade face-off with the United States and Canada at the World Trade Organisation (WTO). According to a senior Union Commerce
GST Council may take up exporters’ plea to switch to better duty refund option – The Hindu BusinessLine
Recommendation made by committee of CBIC, DGFT officials to be examined The GST Council may take up a plea by exporters to be allowed to
Importers, Tax dept approach Supreme Court over GST “self-assessment” – The Economic Times
If an importer has paid higher tax can he get a refund after finding his own mistake? About 25 importers are fighting the tax department
Rupee goes from best performing Asian currency to worst as oil, Kashmir puncture sentiment–The Print
India’s rupee has gone from being the best-performing Asian currency last quarter to the worst this year as rising crude prices and tensions over Kashmir
Flow of credit, caution listing, GST refunds a concern for exports: Industry tells govt – The Economic Times
Industry body CII also emphasised that it is critical to address issues related to trade financing, incentives and logistics, to help exporters become globally competitive.
India should call a truce in its trade conflict with US – The Economic Times
By Mihir Sharma U.S. and Indian officials are meeting in New Delhi today for what promises to be a tetchy summit. The trade relationship between
‘MEIS benefit available for export realisation in rupee through Vostro a/c’ | Business Standard News
We have made a shipment denominated in Indian rupees to Thailand. We have received the payment through banking channels and our bank has informed us
India may lose vital US trade concession as Trump considers withdrawing zero tariffs – The Financial Express
India could lose a vital U.S. trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a
India’s exports to China set to touch record high as market access widens – The Hindu BusinessLine
India’s export to China is expected to reach an all-time high this fiscal with the US-China trade spat creating new opportunities for exporters and Beijing
Relief for exporters as Gujarat HC strikes down notification on pre-import riders – The Hindu BusinessLine
Conditions hindered exporters in getting exemption from IGST, compensation cess What could be seen as major relief for the exporters, the Gujarat High Court has