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Exporters fret over delay in rebate rates Updated: Updated: April 21, 2021 23:09 IST The RoDTEP scheme came into effect on Jan. 1 but lack of clarity is hampering sector’s ability to price Share Article AAA Booster dose: Due to COVID-19, India’s exports may require more stimulus, RSM Astute said. B. Jothi Ramalingam   The RoDTEP scheme came into effect on Jan. 1 but lack of clarity is hampering sector’s ability to price Even as exporters fret over an inordinate delay in notification of the rates under a new WTO-compliant scheme for rebating taxes and duties to the export sector, they ...

Garment exporters seek financial support Updated: Updated: Share Article AAA Garment exporters in Tiruppur have appealed to Union Finance Minister to announce measures that will provide financial support to the exporting units. In a memorandum to the Finance Minister, the Tiruppur Exporters’ Association (TEA) president Raja M. Shanmugham said that major European countries have gone into lockdown. In India, two month lockdown last year had resulted in hike in raw material prices. These factors have affected funds availability to Micro, Small and Medium-scale Enterprises (MSMEs) in the garm...

ISA, as well as steelmakers have been deliberating with the government and points of concerns have been shared like a longer gestation time is required for steel mills to realise PLI benefits instead of five years, Dilip Oommen, President of Indian Steel

Exporters anxious about RoDTEP rate of reimbursement The scheme was announced with effect from January 1, 2021 as it extended the existing foreign trade policy for six more months till September 30 The government on Wednesday extended the foreign trade policy by six months till September but did not announce the rates on a duty relief scheme for exporters that was announced  in January. Exporters were disappointed that the government did not notify the rate of reimbursement for the new scheme — ...

Parliament watch: Measures to push GST mopup SECTIONS Last Updated: Mar 17, 2021, 09:20 AM IST Share Synopsis “Greater awareness about the GST structure and punitive action in case of non-compliance needs to be created among the assessees on a wider scale,” the committee headed by Jayant Sinha, added in its report presented in Rajya Sabha, Tuesday. Agencies Corporate Social Responsibility (CSR) funds are not used for implementing the government's central schemes, the government on Tuesday informed Parliament. The Parliamentary standing committee on finance sought that the government init...