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DUTY CREDIT SCRIP
How to avail post-export EPCG duty credit scrip scheme and what exporters must knowThe post-export EPCG duty credit scrip scheme is a popular programme of the DGFT under which the basic customs duty paid on capital goods i...- Record high exports in July, trade deficit widensData released by the commerce and industry ministry on Friday showed 20 out of the 30 major export sectors witnessing growth last month.
- Govt looks to revamp key exports incentive scheme for services sectorThe government is looking to revamp a key exports incentive scheme for the services sector, the hardest hit by the Covid-19 pandemic. The p...
- Government extends validity of scrips under export incentives schemes for exportersDepending on the nature of services and product, the government gives duty credit scrips or certificates to exporters. These scrips can be ...
- Handsets companies say Exports Sop must for investmentHandset brands and third-party manufacturers are putting investments and hiring plans on hold following a sudden reduction in duty credit s...
- Nasscom wants exports scheme extended by a yearThe scheme, introduced by the commerce ministry in 2015, came to an end in March 2019.
- Documents & compliances that every exporter needs to keep in mindFor cross-border transactions, unless specifically mentioned the default POS for services is the location of the recipient of service i.e. ...
- GST: What a novice exporter needs to keep in mindIf compliances in terms of current taxation policy of the Government and do’s and don’ts for availing the benefits are not adhered to, it m...
- Government hikes duty incentives for exports of 28 milk productsThe duty benefits were enhanced under the Merchandise Export from India Scheme (MEIS).
- Government extends duty benefits for exports of certain dairy, agri productsCommerce Minister Suresh Prabhu in a tweet said that: "MEIS incentives introduced/increased for milk/dairy sector, onion and deoiled soya c...
- 28 companies under lens for wrongly claiming services export sopsDRI alleges these companies claimed export benefits — mainly tax sops — reserved for Indian firms for promoting domestic brands overseas an...
- Gold traders find another route to offset dutyAnother trade source said that exporters with in-house gold refineries were buying the discounted instruments.
- GST narrows ambit of duty credit scrip use by exportersEarlier, manufacturing exporters who import raw material for the export purpose were allowed to utilise these scrips for payment of Customs...
- Government to review tax incentives scheme on services exportsThe services and rates of rewards notified against the services shall be applicable to services export made between April 1 and September 3...
- New foreign trade policy to give more thrust to services exportsThe new five-year foreign trade policy will offer greater incentives for services exports while refocusing schemes for merchandise exports ...
- Importers to get duty refund in advanceExporters will now be able to claim refunds of import duties from the government even before they receive payments from their buyers.
- Questions for answersWe are planning to import wine from Italy. Please tell us about custom and excise duties by Maharashtra government and about recent notific...
- India needs to diversify product basket: NathIn the face of various challenges, including the rising Rupee, India needed to diversify her product basket in the market and the Centre wa...
- Govt identifies 100 services for duty reimbursementThe government has identified 100 services which will be given duty reimbursement on export under the 'Served from India Scheme' scheme for...
- Rs 575cr claims fall short of Target plusRestrictions introduced in the Target plus scheme - the controversial incentive programme designed by the government to reward high perform...
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