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EPCH hails GST notification to ease procedure for merchant exporters


EPCH hails notification to ease procedure for merchant exporters

The Export Promotion Council for Handicrafts has welcomed the Governments decision to ease the procedure for merchant exporters. Handicrafts merchant exporters can now purchase the goods from registered suppliers by paying 0.1% GST and amount paid as GST will be refunded within 90 days of the export transaction. The full notification is available here.

Chairman, EPCH, Shri O.P. Prahladkaha has said that the of handicrafts during the year 2016-17 was to the tune of Rs. 24,392.39 crores, showing a growth of 13.15% over the preceding year. 

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, October 24 2017. 00:20 IST