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EXPORT OBLIGATION RELAXATION
ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growthFinance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will hel...- MSMEs seek force majeure relief amid Gulf war disruptionsSmall businesses supplying the government are seeking relief from contract penalties. They want the Centre to invoke force majeure due to g...
- Govt grants relaxation to fulfil export obligationExporters receive significant relief from the government. Authorisations under Advance and Export Promotion Capital Goods schemes are autom...
- West Asia crisis: Government provides certain relaxations to exporters to meet obligationsIndian exporters receive relief from the government. Export obligation periods are extended automatically. This measure addresses challenge...
- Key export scheme norms simplified for ease of businessAs per a public notice issued by the Directorate General Of Foreign Trade (DGFT), exporters will now get additional time to submit installa...
- Government proposes export obligation period review for certain sectorsIndia allows duty free import of inputs used for manufacturing for exports subject in advance authorisation to export obligation period in ...
- Govt eases norms for certain sectors under Export Promotion Capital Goods scheme"This relaxation has been provided in light of the economic slowdown caused by the COVID-19 pandemic. This relief will help the hotel, heal...
- Ease of doing business: Govt eases norms under export incentive schemeAs per the changes notified by the commerce and industry ministry, requests for export obligation extension should be made within six month...
- Covid-19: DGFT helpdesk gets 163 requests in 15 days, 78 resolvedThe Covid-19 helpdesk, started by the commerce and industry ministry last month to help resolve issues of exporters and importers, has with...
- Limited evidence of efficacy of Hydroxychloroquine in treating covid-19 cases: Lav AgarwalThe Directorate-General of Foreign Trade (DGFT) had prohibited the export of the drug on March 25. But it left the option of export open to...
- Government rejects Haldia Petro's plea of custom duty relaxationHPL had obtained advance license for importing naphtha at zero duty, for which the company was supposed to meet export obligation norms.
- Trade policy may shower goodies on allThe trade policy is likely to help the service industry, especially hotel and travel sector, by allowing a relaxation in obligation under E...
- Trade policy sops fail to import cheerThe interim trade policy announced by commerce and industry minister Kamal Nath on Thursday contained several measures to boost the country...
- Nath all set to unwrap exporter gift pack todayCommerce and industry minister Kamal Nath is likely to announce a special package for exporters in the foreign trade policy to be announced...
- Easier forex obligation may knock at SEZ doorsGovt may relax the positive net foreign exchange obligation - which mandates that export earnings of units in SEZs have to be higher than t...
- RIL's fuel retailing plans hit duty hurdleThe government is not in favour of allowing the company to sell fuel in the domestic market from its export-oriented unit (EoU) without pay...
- Simpler norms to help tradeThere's much more to trade policy than the broad measures announced. The man behind the policy, director general of foreign trade RS Gujral...
- EPCG capital goods importers may get reliefImporters of capital goods under the export promotion capital goods (EPCG) scheme are likely to get some flexibility in fulfilling export o...
- Export ban may prove blessing in disguise for sugar industryThe recent ban on export of sugar could turn into a Rs 1,700-crore bonanza for the sugar industry.
- Govt partially relaxes ban on sugar exportsThe Government has partially relaxed the ban on sugar exports, permitting companies to sell the commodity overseas with prior government ap...
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