The Merchandise Exports from India Scheme (MEIS) is being re-designed to make exports from India GST-compliant and the issue of working capital requirements under the new tax regime is being deliberated upon by the government, said Neeraj Prasad, Additional Commissioner, GST Cell, Central Board o…
Tag: CBEC
Can e-way bills proposed in GST be the solution to India’s logistics woes?
Road transport in India is a crucial part of the country’s transport and logistics industry. With a 10 per cent annual growth every year, the sector has reaped the benefits of rapid expansion in the automobile industry, changes in taxation, and the boom of the e-Commerce sector which relies on lo…
Single MEIS Application for all EDI ports soon
In line with the objective to enhance the ease of doing business, Integrated declaration under the Customs single window has been implemented under which exporters would not be required to take permission from other agencies. This was stated by Najib Shah, Chairman, Central Board of Excise & …