Page 2 - Export Products News Today

Last month, the US imposed a countervailing duty on Indian file folders, rejecting the Indian government’s claim regarding the WTO compliance of RODTEP, , Countervailing Duty, RoDTEP Scheme, United States of America, european union

The government seems poised to refrain from introducing fresh direct tax incentives for businesses in special economic zones (SEZs).

"We are looking at ways and means to liberalise some of these restrictions on SEZ units. Its under consideration...We are discussing it with all the stakeholders and hopefully that itself will give a significant boost to the SEZ units," Goyal said here at an industry chamber function.

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    business bureautagging a genuine exporter as “risky” will hurt india’s exports and an inter-ministerial committee comprising representatives from finance and commerce ministries is required to consider all aspects

Exporters in India are being unfairly labelled as "risky" based on risk indicators from customs, GST, income tax and foreign trade data. The countrys Central Board of Indirect Taxes and Customs (CBITC) is responsible for implementing the initiative but there is no sensitive handling of issues at the field level that often affects legitimate exporters instead of fraudulent ones.

Commerce and Industry Minister Piyush Goyal will hold discussions with representatives of top 100 companies on July 22 in Mumbai on ways to increase share of domestic manufacturing and boost the countrys exports. Senior officials from the Department for Promotion of Industry and Internal Trade (DPIIT) including Secretary Rajesh Kumar Singh are also expected to participate in the deliberations.

The facility, part of the methanol-to-olefin (MTO) gas chemical complex, will have a capacity of 1.34mn metric tons/year.

Canada and BC can have an outsize effect on global emissions, but policy is lacking.

It should have focussed on facilitation, instead of regulation