The commerce department has flagged a series of concerns on the mechanism devised for goods and services tax (GST) and said it would not be beneficial for exporters. To begin with, the biggest concern is related to the plan to let exporters pay the taxes and then get a refund after sending shipme…
Tag: Commerce Department
Foreign Trade Policy review: Commerce dept seeks sops for small exporters
New Delhi: The Commerce Department is expected to push for higher interest subsidy and a wider export credit insurance as it seeks to make life easier for small exporters. As part of review of the Foreign Trade Policy, the department is also seeking to widen services basket and make it more attra…