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ICEGATE PAYMENT ISSUES
India's $2 trillion export dream has a paperwork problemDigital-first exporters are powering India’s trade ambitions, but compliance delays and documentation gaps continue to hinder their progres...
Budget 2026: ELCINA seeks component clusters, export incentives and R&D push for electronicsIndia's electronics industry urges a shift from assembly to deep component manufacturing for its $500 billion target. ELCINA highlights the...
FIEO seek RBI intervention; exporters facing challenges from high tariffs, input cost inflationFIEO urged the RBI to address challenges faced by exporters, including rising tariffs and demand volatility. They requested flexible credit...
Eid-Ul-Fitr bank holiday 2025: Are banks open today for year-end bank closure?RBI has canceled the Eid holiday for agency banks on March 31, 2025, to ensure uninterrupted government-related financial transactions. Spe...
Eid-Ul-Fitr Bank holiday 2025: Are banks, tax department, insurers open or closed on March 31, 2025 for year end closures?Eid Bank Holiday News: Banks and Income Tax Offices will remain operational on March 31, 2025, despite it being a public holiday for Ramzan...
Budget 2025: Easing compliance burden to boost trade efficiencySome steps like resolving input tax credit issues, automating GSTR forms, and improving refund timelines have been taken. However, challeng...
Relief against customs duty payment issues for international travellers; new advisory for stuck paymentsCustoms payment through ICEGATE: Since April 2023 the Customs duty payment have to be made through the ICEGATE portal if its being made onl...
Commerce ministry may face possible repeat of 2011 trade data errorIndia's November 2024 gold import figures, showing a record high of $14.86 billion and a quadrupled increase, are under scrutiny by the com...
Compliance plays a big part in helping Indian MSMEs grow exportsWhile challenges persist, the compliance levels of Indian MSMEs in terms of export have been gradually improving, say experts.
Shipment from abroad stuck at ports after new payment system glitchesIn a two series tweet, CBIC said "CBIC has noted difficulties being faced by members of the trade in making duty payments over the customs ...
How to identify a fake GST bill and report it: Here is the complete step-by-step guideA GST invoice is generated by a supplier or a seller to the buyer of the goods and services. The bill has all the information including ide...
'Delay in collection of data from some SEZs, ports reason for difference in preliminary and final exports growth numbers for Sep'According to the preliminary data, released on October 3, the merchandise exports contracted by 3.5 per cent in September to USD 32.62 bill...
Budget expectations: Changes in GST, rationalization of import dutiesWhile changes in GST rates and procedures occur throughout the year after GST Council meetings, changes in its statutes are proposed only t...
Budget expectations: Changes in GST, rationalization of import dutiesWhile changes in GST rates and procedures occur throughout the year after GST Council meetings, changes in its statutes are proposed only t...
CBIC notifies ICEGATE as common portal for registration, bills of entryIn a notification issued on Monday, the Board has specified the portal as the one for facilitating registration, filing of bills of entry, ...
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...
GST brings Bhutan's cardamom exports to India to a haltThe reversal began when India put GST in place in July 2017, with the new regime bringing the Rs 65-crore trade to a complete halt.
Less paper work for customs clearance from December 1Air Cargo Complex, ICDs and CFCs have been asked to issue Public Notice saying that importers and exporters would not be required to submit...
Tonnes of problems hamper growth of India’s exporters; recent reforms only baby stepsA depreciating rupee is doing its bit for exports. However, the process is anything but hassle-free, although the govt’s recent baby steps ...
Budget 2011-2012: Speech of Pranab Mukherjee, Minister of FinanceOur growth in 2010-11 has been swift and broad-based. The economy is back to its pre-crisis growth trajectory.