| 'Union Comm Ministry will not force SEZs in Goa' | 20-NOV-09 |
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| The Union Commerce Ministry has said Special Economic Zones (SEZs), which have been rejected by the people of Goa will not be forced in the state, Chief Minister Digamber Kamat said. |
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| Commerce ministry seeks better ports for Asean FTA | 05-NOV-09 |
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| The ministry for commerce and industry may approach the shipping ministry for improving the operations at ports on the eastern coast of the country with an eye on improving trading infrastructure before the Asean free trade agreement (FTA) comes into force in January 2010. Presently, Asean is a 10-nation Southeast Asian organisation to promote trade and culture, among others. |
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| Sops for select exporters on cards: Sharma | 01-NOV-09 |
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| The government may selectively extend more sops to exporters rather than withdrawing the stimulus given to them last year in the face of global slowdown, Commerce and Industry Minister Anand Sharma has said. |
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| New tax code: Commerce Ministry bats for SEZs | 05-OCT-09 |
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| Commerce ministry has written to finance ministry to retain all the fiscal incentives for the Special Economic Zones in the new direct tax code, for which draft paper has been circulated in the public domain. |
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| Farm export may rise 25% despite drought | 29-AUG-09 |
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| Notwithstanding a depressed monsoon and projected lower kharif agriculture output, the country is likely to witness 25 per cent growth in the export of agri and processed food products, according to the Agricultural and Processed Food Products Export Development Authority (Apeda), an arm of the Union commerce ministry. |
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| 'Fin Min cannot deny what Commerce Ministry allows' | 25-AUG-09 |
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| Para 4.35 of Export Import Policy 2002-04 had a specific provision that in cases where the additional customs duty is adjusted from DEPB, no benefit of CENVAT/Drawback shall be admissible. This provision was deleted on 28th January 2004, thereby removing the restriction. So, we have taken Cenvat Credit of the same after that date. But, the Central Excise authorities have denied the benefit on the grounds that Cenvat Credit Rules at that time did not allow that. |
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| BoA to mull 5 SEZ proposals on August 11 | 23-JUL-09 |
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| The Commerce Ministry will consider on August 11 five proposals for setting up SEZs, including those of Brooke Bond Real Estates and Deccan Infrastructure. |
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| Infosys wins 10-year contract from govt | 21-JUL-09 |
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| The country's second-largest software exporter, Infosys Technologies, has bagged a 10-year e-governance contract from the Ministry of Commerce to develop an e-business portal that will give businessmen easy access to government information. |
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| ComMin wants 3-year I-T waiver for labour-intensive exports | 17-JUN-09 |
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| In an attempt to support exporters hit by the ongoing global economic crisis, the commerce ministry has proposed to its finance counterpart to exempt income tax for a period of three years for certain labour-intensive sectors like handicrafts, leather and textiles. |
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| Satyam granted one year extension to complete SEZs | 14-JUN-09 |
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| The government has granted one year extension to Satyam Computer Services for completion of three special economic zones (SEZ) in Andhra Pradesh, giving elbow room to the new management of the IT firm. |
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| Coir Board aims to export products worth Rs 700 cr | 12-JUN-09 |
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| The Coir Board has fixed a target of 225,000 tonnes of coir-based products, valued at Rs 700 crore, to be exported in the current financial year. This is in light of 199,925 tonnes (valued at Rs 640 crore) exported in the last financial year. |
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| Govt mulls denotification norms for SEZs | 10-JUN-09 |
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| The government is looking at formulating new rules for denotification of special economic zones (SEZs) in the wake of several developers, including realty major DLF, approaching the commerce ministry for surrendering their tax-free enclaves. |
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