The government on April 12 said all sales by Indian sellers to foreign buyers through digital platforms would be classified as export. All domestic sellers who supply goods and services to foreign buyers would be classified as exporters. It will allow them to claim benefits under the Merchandise …
Tag: MERCHANDISE EXPORTS FROM INDIA SCHEME
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 & …