The centre is considering the proposal put forward by small firms and filing of GST returns may be made on a quarterly basis.
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Tag: FEDERATION OF INDIAN EXPORT ORGANISATIONS
Govt widens ambit of merchandise exports scheme
To contain a slide in outbound shipments, the government on September 22 widened the ambit of its Merchandise Exports from India Scheme (MEIS) to offer assistance on items ranging from certain varieties of garments to marine products and engineering goods, which would potentially cost the exchequ…
Exporters too can give Made-in-India tag
A section of Indian exporters will be able to certify goods headed for Europe from 2017 to the effect that they were made in India, a measure that will help reduce processing time as well as costs. This facility will be available to traders exporting goods under the European Union’s special…
Commerce Ministry keen on creating fund to boost falling exports
The commerce department wants to create a fund aimed at boosting India’s shrinking exports, proposing a financing mechanism that would discourage exports of raw material and help local value addition. (MSMEs account for nearly 45 per cent of India’s exports). The Ministry of Commerce & …