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EXPORT TAX REBATES
China's EV exports in May rise 50% on-year to reach record highChina’s exports of electric vehicles hit a record $9.2 billion in May, rising nearly 50% year-on-year, as global demand for cleaner transpo...
Are the EU and China heading for a trade war?Europe's trade gap with China is widening. This is leading to protective measures on items like electric vehicles and e-commerce. Leaders a...
China green tech firms target new consumers hit by Iran war energy shockCompanies like Jinko Solar, Chery Automobile, and BYD are seeing surging demand for EVs, batteries, and solar panels in markets seeking alt...
Vikram Solar shares slide 5% as Q4 margins take a hit; profit jumps 21% YoYVikram Solar shares fell sharply on Friday as Q4 margins contracted sharply, even though profit rose 21% year-on-year. Revenue grew 22% and...
Govt examining removal, reduction of 11% import duty on cotton: OfficialThis move aims to ease cost pressures on domestic textile companies. Discussions are underway with relevant ministries for potential reduct...
How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
China silver and gold demand surges as imports hit record highs in March amid solar boom and investment buyingChina is buying more silver and gold in big amounts. Silver demand is rising because of solar industry use and cheap investment buying. Gol...
Garment exporters see demand recovering as US tariff pressures easeIndian garment exporters expect a strong business rebound in the second half of the fiscal year. Easing US tariff pressures are bringing bu...
Beijing set to cut tax rebates to ease concerns on high exportsChina is reducing or canceling tax rebates on hundreds of products, including solar cells and batteries, starting April 1. These voluntary ...
NALCO, Hindalco, Vedanta shares rally up to 10%. Here’s whyNALCO Share Price: Indian metal companies saw a significant rise in their share prices. This followed China's proposal to reduce export tax...
Budget: Govt approves continuation of export incentive scheme for apparel, garment till March 2026The Rebate of State and Central Taxes and Levies (RoSCTL) scheme is aimed at compensating for the state and central taxes and levies in add...
Govt notifies extension of RoSCTL scheme for textile exportersOn July 14, the Cabinet approved the continuation of the Rebate of State and Central Taxes and Levies (RoSCTL) scheme under which garment e...
Textiles ministry notifies extension of scheme to rebate taxes on garment exportsGarment exporters will continue to get rebate on central and state taxes on their outward shipments as the government has decided to extend...
Exporters raise concern over China’s hike in VAT refundIndia competes with China on certain items and domestic exporters will feel the pinch, people in the know of the development said.
China to raise export tax rebates from November 1Local governments will quicken special bond issuance for shantytown redevelopment, the cabinet said after a regular meeting.
Budget 2015 axes factory tax rebate on SEZ suppliesWith the new definition of ‘export’, the benefit of rebate on excise duty appears to have been restricted to exports out of India.
China to quicken speed of tax rebates for exportersChina is increasing its support for its wobbly trade sector with a raft of new measures that include giving more tax breaks
- China to scrap export tax rebates on some goods
China has announced it will remove tax rebates on some exports next month in a bid to rein in over-capacity, a move analysts say could ease...
- China raises export tax rebates on over 600 lines
China is increasing tax rebates to exporters of more than 600 product lines, including some electronics, machinery, steel, toys and furnitu...
- China steel exports seen strong despite rebate cut
China’s steel products exports are unlikely to slow in the near term despite lower export rebates, due to domestic oversupply and expectati...