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DUTY FREE SCRIPS
Government hikes duty incentives for exports of 28 milk productsThe duty benefits were enhanced under the Merchandise Export from India Scheme (MEIS).- Gold traders find another route to offset dutyAnother trade source said that exporters with in-house gold refineries were buying the discounted instruments.
- Tour operators, hotels allowed to import cars, SUVs under SFISIn a move likely that is likely to be cheered by the hospitality sector, government today allowed hotels and tour operators to import cars ...
- Government to offer one-year transitional duty drawback scheme to replace DEPBThe government is likely to offer a lucrative one-year stop-gap duty reimbursement scheme, replacing a popular tax break for exporters that...
- Citing Rs 8kcr revenue hit, FM rules out extending DEPBDespite intense industry lobbying, the finance ministry has said it will not give any extension to the popular export incentive scheme,DEPB.
- Let it RIPThe duty entitlement passbook scheme has become obsolete and should lapse
- FM rules out extension of export-incentive plan beyond June 30Pranab Mukherjee has decided against extending a 14-year-old popular export incentive scheme called the duty entitlement passbook, a senior...
- All about exporters and duty-free scripsDuty-free scrips are paper authorisations that allow the holder to import inputs that go into manufacture of products that are exported.
- Feb exports up 34%, import surge signals strong revivalExports went up in February 2010 for the fourth straight month to $16.09 billion, an impressive growth of 34.8%. Imports, too, maintained m...
- Exporters set to get fresh sops for laggard sectorsThe government has decided to come to the aid of select export sectors that are yet to recover from the global meltdown by offering new inc...
- Textile cos seek easier norms for machine importsThe Indian textile industry has asked the commerce ministry not to exclude textile units that had availed funds for modernising their units...
- DEPB may be extended till MarchThe government plans to extend its controversial but popular import duty reimbursement scheme—the DEPB scheme—till the end of the financial...
- 'Exporters to benefit from simple & fast procedures'The trade facilitation measures or supplement to foreign trade policy announced on Thursday includes a plethora of procedural simplificatio...
- Exporters to get Rs 325 cr in direct aidExporters, hit hard by global slowdown, will now be able to get direct government assistance under a Rs 325-crore special package announced...
- 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.
- DGFT extends time period for revalidation of DFIASExporters who could not avail of benefits of a duty free import scheme between June 2006 and March 2007 will get another opportunity for th...
- 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...
- Sugar exporters may be denied competitive price advantageIn the case of sugar, which is currently in surplus, the policy actually disincentivises exports under the Focus Market Scheme (FMS).
- Jai Kisan vs 2.0:New FTP chapter to be farm-friendlyThe government’s focus on agriculture and farmers is all set to go beyond the Budget proposals announced last month.
- Duty-free scrips may replace DEPBIn a move that could boost profitability of exporters, the government is considering issue of duty-free scrips to offset various state-leve...
Load More- Government to offer one-year transitional duty drawback scheme to replace DEPB
