China is now keen to import pomegranate, grapes, soyameal, fish oil and fish meal from India apart from non-basmati rice and sugar it had decided to buy earlier.
Category: EXIM
Stamp duty on bills of exchange drawn on banks is not payable, says expert | Business Standard News
Q. What is the rate of stamp duty applicable on bills of exchange drawn on DA basis in respect of import bills under letter of credit? Is there any exemption? The
GST: Modi government to change customs duty architecture to boost trade, ease of doing business
After rolling out the most comprehensive indirect tax reform – the goods and services tax – the Narendra Modi-led NDA government is set to unleash the next
Government clears Rs 91,149 crore GST refunds to exporters so far; Rs 6,053 crore still pending – The Economic Times
The finance ministry Monday said Rs 91,149 crore has been issued so far to exporters as GST refunds, which are 93.77 per cent of total claims with the tax
CAD may widen to 3% in September quarter on higher crude prices, gold imports: ICRA – The Economic Times
India’s current account deficit is likely to rise to 3 per cent of GDP in the July-September quarter of current fiscal, from 2.4 per cent
MSME exports: Govt plans to hike interest equalisation rate – The Hindu BusinessLine
To help Indian exports become internationally competitive , the government has decided to increase the interest equalisation rate from 3 per cent to 5 per
World War: No let up in trade war at G-20 Summit – The Financial Express
More than six months since its outbreak, there is no indication of a let up in the trade war. There is a glimmer of hope
Breathing space: on the strengthening rupee – The Hindu
After falling consistently against the U.S. dollar for most of this year, the rupee has managed to gain some ground over the last few weeks. It has
Exporters move High Court after govt denies tax credit – The Economic Times
Many exporters who had availed of certain duty-free benefits while importing raw material filed a writ petition in the Delhi High Court last week against
‘No duty on imported inputs if export goods produced in bonded warehouse’ | Business Standard News
Q. We refer to your recent article ‘For a change, a useful and needed circular’. We import the majority of our raw materials, process them
‘Drawee must agree to bill of exchange by signing on face of instrument’ | Business Standard News
Q. The drawee has not accepted the bill of exchange by signing on the face of the instrument but has given a separate letter of acceptance. Is
US-China spat may spell manna for SME leather exporters: CRISIL | Business Standard News
CRISIL Research expects 2018-19 to be a good one for India’s small and medium enterprise (SME) leather exporters, given a pick-up in demand from the US and
Decoded: Brexit effects on the global economy – The Financial Express
Tax and regulatory arbitrage are likely to become increasingly common as well. The singular issue of Brexit has consumed the United Kingdom for two and
Money matters | Business Standard Column
Over the last two months, I have been forced to think about monetary policy, first at a meeting of the Mont Pelerin Society (MPS, the
Fall in oil prices may cause new worries | Business Standard Column
The last three weeks have seen the collapse of oil. Prices have fallen to 2018 lows and more falls may be on the cards. This
Hopes arise on trade thawing | Business Standard Column
India and Pakistan have agreed to construct a new border entry point and road, for Sikh pilgrims to visit Gurdwara Darbar Sahib there, at Kartarpur. The decision coincides with the 550th anniversary
Crude oil prices have overshot to the downside: Paul Hickin of Platts | Business Standard News
Brent crude may have crashed through the $60/barrel mark Friday as the market’s bearish mood continued to gather momentum but one has to remember that
Commerce Ministry working with FinMin, PMO to improve export credit: Suresh Prabhu – The Hindu BusinessLine
The Commerce Ministry is working with the Finance Ministry and the Prime Minister’s Office to sort out the problem of availability of finance for the
Rupee may pause temporarily – The Hindu BusinessLine
The Indian rupee continues to retain strength against the US dollar. Indeed, the currency made its best weekly gains since March 2016. The rupee strengthened
Why import curbs won’t stop the fall of Indian rupee; here’s how to deal with it–Business Today
The rupee is rapidly hurtling towards the 75 mark against the dollar. Far from its economic rationale, a falling rupee is often seen as a
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