exporters

New Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday said Indian exporters are conscious about quality standards and the problem of consignment of some spices is very small and there is no need to exaggerate it.He said the consignments which had some problems were small compared...

Kolkata, Engineering Export Promotion Council (EEPC India) has urged the government to revive the interest subvention scheme for exporters in its pre-budget recommendations.Arun Kumar Garodiya, President, EEPC India, stressed the importance of the scheme especially with rising interest rates...

Kolkata, Mango exports from West Bengal's Malda district have been hit this year as exporters have failed to secure remunerative prices from foreign buyers, while sellers are getting lucrative prices in the domestic market, officials said on Saturday.Importers in the United Kingdom and the...

New Delhi, RBI's proposal to streamline regulations covering export and import transactions would simplify and streamline processes for the trading community, say exporters.They said this is an "excellent effort" by the central bank as the July 2 draft operational guidelines for export and...

New Delhi, Tobacco exporters have asked the government to extend the RoDTEP duty drawback scheme to the sector to boost outbound shipments.In a meeting with Commerce and Industry Minister Piyush Goyal in Hyderabad on June 29, traders claimed that tobacco exporters are not covered under any...

Kolkata, An organization of exporters has written a letter to Union Commerce and Industry Minister Piyush Goyal expressing concern over the extension of the Interest Equalization Scheme (IES) for only two months and especially for MSMEs.Ashwini Kumar, President, Federation of Indian Export...

New Delhi: The government on Friday extended the interest equalization scheme on pre- and post-shipment rupee export credits for two months to promote outbound shipments from the country.The scheme providing interest benefits to exporters ended on June 30 this year.However, apex exporters'...

New Delhi: Domestic exporters on Thursday suggested the Commerce Ministry to set up a separate dedicated division to address non-trade barriers posed by different countries affecting outbound shipments from the country.They also called for an extension of the interest equalization plan and an...

New Delhi: Exporters are likely to seek fiscal support measures at their pre-budget meeting with Finance Minister Nirmala Sitharaman here on Tuesday to boost the country's exports to $2 trillion by 2030, a senior official said. industry.The country's exports of goods and services have...

New Delhi: The commerce ministry will soon launch an e-connect platform to provide information on duty and other trade-related issues to small exporters, an official said on Friday.Addressing exporters in Kolkata, Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said the focus...

Kolkata Director General of Foreign Trade (DGFT) on Friday said export projections for the current fiscal year are still being finalized while efforts are on to improve the ease of doing business to meet the government's target of achieving 2 billion dollars in exports by 2030. .Total exports...

New Delhi arm of the Ministry of Commerce, DGFT, on Thursday said it has put in place an automated system for ad hoc fixation of entry and exit norms for goods, with a view to promoting ease of doing business for exporters.Exporters can import raw materials or inputs for manufacturing goods...

New Delhi: DGFT, an arm of the commerce ministry, on Tuesday proposed to amend the export obligation period for certain sectors like spices, pharmaceuticals and tea to facilitate outbound shipments.The government has sought comments on the proposed amendments from all concerned stakeholders...

SMPLNew Delhi [India], June 13: In the dynamic landscape of global markets, successful expansion requires more than just foresight; It demands firm support. Bank of Maharashtra, one of the country's leading public sector banks, is offering a comprehensive suite of export finance solutions for...

''The duty drawback amount will be paid into the accounts of exporters automatically through the Public Finance Management System (PFMS). "This is another initiative of CBIC towards paperless customs and improved trade facilitation," the Finance Ministry said.This new functionality is expected...

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday said it has started electronic disbursement of duty drawback amount directly into the bank accounts of exporters using the PFMS platform.The duty drawback amount will be paid into the accounts of exporters...

New Delhi: India has signed mutual recognition agreements (MRAs) with customs authorities of seven countries and is actively negotiating such agreements with other countries, a top official said.The Central Board of Indirect Taxes and Customs and the Federal Customs Service of Russia this...

New Delhi: The government has recovered around Rs 852 crore from advance and EPCG authorization holders under the amnesty scheme for exporters for one-time settlement of defaults in export obligation, an official said.The official said the figures are likely to increase further as the exercise...

New Delhi: The government is working on a verification system to help exporters deal with cases of countervailing duty on domestic products on the RoDTEP scheme, an official said.This practice is significant because countervailing or anti-subsidy duties were imposed on some domestic units by...

New Delhi: The Spices Board has issued comprehensive guidelines for exporters to prevent contamination of ethylene oxide (ETO) - a carcinogenic chemical - in products shipped from India, following quality concerns raised by some countries over these items. Have been.As per the guidelines...