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Exporters News

12 Sep 2019

DGGI, DRI conduct search against exporters claiming bogus IGST refunds

The joint operation by the DGGI and DRI was a first of its kind in the history of CBIC which involved about 1200 officers from both the agencies.

20 Jun 2018

Government clears pending GST refunds to tune of Rs 38,062 crore till June 16

CBIC had conducted a refund fortnight from May 31 to June 14, which was later extended by 2 days to June 16.

Foreign Trade policy

05 Dec 2017

FTP review: Exporters hail Rs 8,450 crore incentive top-up

The government on Tuesday announced Rs 8,450 crore incentives for exporters in sectors like leather and agriculture, as it looks to boost outward shipments, which have been disrupted by implementation of goods and services tax (GST).

India's trade policy

04 Dec 2017

Foreign trade policy mid-term review tomorrow, may address exporters' woes

The mid-review of the much-awaited policy will be released at an event graced by Prabhu, along with top officials including the Directorate General of Foreign Trade Atul Chaturvedi, Commerce Secretary Rita Teaotia and Revenue Secretary Hasmukh Adhia.

06 Oct 2017

GST Council decisions provide relief to SME sector: India Inc

India Inc has welcomed the outcome of the GST Council meet.

06 Oct 2017

GST Council meet: Big relief for SMEs, exporters; 27 items get cheaper

The GST Council made sweeping changes to give relief to small and medium businesses on filing and payment of taxes, eased rules for exporters and cut tax rates on more than two dozen items.

06 Oct 2017

GST: Jaitley announces e-wallet for exporters, relief to SMEs

In a relief to small and medium enterprises, the GST Council has raised the turnover threshold to Rs 1 crore for businesses to avail of the composition scheme that allows them to pay 1-5 per cent tax without going through tedious formalities.

06 Oct 2017

GST Council doles out sops for SMEs; composition scheme limit raised to Rs 1 cr

The GST Council discussed issues faced by small traders and requested quarterly filing of returns for small businesses.

06 Oct 2017

GST Council meet: Relief package likely for small businesses, exporters

The full fledged meeting of the Goods and Services Tax (GST) Council is also likely to assess the improvements in the GST Network's functioning.

19 Sep 2017

Fast-track GST refund, else Rs 65K crore may be stuck: Exporters

In a presentation before the Committee, the Gems and Jewellery Industry demanded exemption from Integrated GST (IGST) on procurement of precious metals from the nominated agencies for the purpose of manufacture and export of jewellery.

Target Plus Scheme

13 Apr 2017

'Govt's nod to refund claims to provide relief to exporters'

The Cabinet's approval for refund of Rs 2,700-crore claims to exporters will provide them relief and help boost shipments, FIEO today said.

05 Jan 2017

Tax refund to exporters under GST within 7 days: Nirmala Sitharaman

The Department of Revenue has promised to refund tax claims of exporters within seven days under the new GST regime, thus addressing a major concern of the sector, Commerce and Industry Minister Nirmala Sitharaman said Thursday.

India's Exports

12 Jul 2016

Govt disburses Rs 1,433 cr as interest subsidy to exporters

Government has disbursed Rs 1,433 crore up to March under the interest subsidy scheme to exporters, the Commerce Ministry Tuesday said.

02 Feb 2016

Govt reaches out to exporters on inputs to push shipments

The Commerce Ministry Tuesday asked exporters to come up with specific suggestions which could be taken up with various ministries, including Finance, to improve ease of doing business and boost waning exports.

17 Dec 2015

BJP received donations from firms exporting buffalo meat

17 Dec 2015

BJP received donations from firms exporting buffalo meat

India's Exports

27 Nov 2015

Need to create ecosystem to boost exports: FM Jaitley

Concerned over slowing global demand and declining exports, Finance Minister Arun Jaitley on Friday underlined the need for creating an ecosystem to boost shipments to the markets overseas.

India's Exports

18 Nov 2015

Interest subsidy scheme to boost shipments: Exporters

Government's decision to extend the interest subsidy scheme for five years will help in controlling dip in exports and increasing competitiveness of domestic products in the global market.

10 Nov 2015

Govt sets 5-day timeline for 80% service tax refund

The move will speed up sanction of the refund accumulated CENVAT credit to exporters of the services.

18 Oct 2015

Price rise: Govt puts stock limits on pulses by big retailers, importers

To prevent hoarding of pulses and check price rise, the Centre Sunday imposed stock limits on pulses held by licenced food processors, importers, exporters as well as large departmental retailers such as Big Bazaar.

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