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April 26, 2024
RoDTEP seeks to neutralise the cost impact of duties and taxes in the supply chain, not otherwise offset through duty drawbacks, tax credits/refunds, or similar mechanisms. By Krishna Barad, Abhishek SinghaniaRemissions of Duties and Taxes on Exported Products Scheme (RoDTEP) has been a much-awaited scheme notified by the Government of India after phasing out the
February 18, 2024
The scheme does not include all exports. Products exported from SEZs, EOUs, Electronic Hardware Technology Parks, Biotechnology Parks and Customs bonded warehouses; exports under Advance Authorisation (which allows duty-free imports of inputs for export production); re-exported imported goods are excluded.
February 15, 2024
All Pakistan Textile Mills Association has opposed the increase
January 20, 2024
From Principal Secretary to two UP CMs with a ringside view of the Ram temple movement, to being the topmost bureaucrat in Prime Minister Narendra Modi’s first PMO to taking charge of the temple construction project, Nripendra Misra is Ayodhya’s officer-architect-in-chief. The Indian Express tracks the arc of his journey to January 22
December 19, 2023
India Business News: VSEZ achieves over 30% increase in exports to Rs1,04,278 crore between April and September 2023. Services exports increased by over 34% and merchandis
November 24, 2023
Indias Global Trade Research Initiative (GTRI) suggests that reducing import duties on inputs and capital goods could help reduce the need for many existing export schemes. The think tank argues that many countries, including major trade partners like the EU and the US, view Indian schemes as subsidies and "punish" exporters by charging countervailing duties.
November 14, 2023
KARACHI: Towel Manufacturers Association of Pakistan called an extraordinary general meeting on Saturday (Nov 11),...
November 3, 2023
Customs Duty On Aluminium Scrap: In FY23, overall aluminium imports went up by 24 per cent from the previous financial year, resulting in a forex outgo of USD 7 billion or about Rs 56,291 crore.
August 21, 2023
Punjab needs to rectify the errors of the previous industrial policy to become   self sustained engine of growth and become a hub of industrial production It may sound a bit rich that the Punjab Industrial and Business Development Policy-2022, aims to transform the state-industrial
July 26, 2023
KARACHI: The State Bank of Pakistan (SBP) Tuesday night allowed the Exchange Companies import of cash US dollars...