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Value proposition is key to the success of e-commerce export hubs scheme

The draft modalities are quite detailed but these will need suitable vetting by the revenue department

US elections: Donald Trump, Kamala Harris focus more on domestic issues

Kamala Harris has so far not talked much on trade matters, except criticising Trump's plans to hike tariffs on imports as inflationary

No duty relief for import of goods to help Wayanad landslide victims

Prefabricated buildings fall under the tariff heading 9406. Modular building units of steel fall under the tariff line 94062000. All the items under the heading 9406 can be imported freely

Need far-reaching reforms for India to be developed nation

Since 1990, 34 middle-income economies covering only around 250 million people have managed to shift to high-income status

India needs to do more to win over people of Bangladesh

India must do more, such as helping its economy revive, to win the minds of people in Bangladesh.

Chatroom: EGM proof required under IGST Rate Notification 41/2017

Rajagopalan answers readers' SME queries related to GST, export and import matters

Govt must take note of CEA's warning on China

Our government is best placed to assess national security considerations and determine the extent of access we should give to Chinese goods and investments

Economic Survey pessimistic on export growth prospects

In an era when global economic growth is likely to be buffeted by geopolitical tensions and protectionism, growing India's exports of goods and services will be a stiffer challenge than before

Home consumption's bill of entry can be substituted with 1 for warehousing

Any option for making supplies without GST payment is not available for such deemed exports

Useful WIPO guide on Trade Secrets and Innovation

Exporters invest lots of time, effort and money in finding customers and developing products to meet the requirements of the buyers

More instructions on FTA-COO for claiming exemptions

For availing exemptions under FTAs, the importers have to obtain certificates of origin (COO) from the sellers

Chatroom: Remittances below $25,000 also need Form A2 now

The RBI has only put up the draft directions on exports and imports of goods and services for public response. The directions would be finalised only after receiving feedback from stakeholders

RBI's draft trade norms envisage more discretion for ADs

ADs will handle the documents of a 'caution listed' exporter only against full advance payment from the buyer or irrevocable letter of credit

Shipping chaos may continue till demand moderates

Since the Houthi attacks on commercial vessels started in the Red Sea towards the end of last year, major shipping lines have been re-routing their vessels around Africa

Chatroom: EO against AA can be discharged through physical/deemed exports

Rajagopalan answers SME queries related to GST, export and import matters

Centre should probe alleged leak of confidential data from ICEGATE

The CBIC has cautioned the public that fraudulent persons posing as Customs officers are using phone calls/SMSes, with specific intent to extract money by causing fear of immediate penal action

Key portfolios allotted to loyalists, PM stays firmly in control

The ministries like renewable energy, chemicals and fertilisers, communication, power, agriculture, coal and mines now have new ministers but from the BJP

Chatroom: 'DGFT should review Para 2.12 of FTP'

Rajagopalan answers readers' SME queries related to GST, export and import matters

New government unlikely to tweak trade policy

The Prime Minister is quite capable of managing such an outcome through negotiations and persuasion

Soft power through WCT20 can help our businesses

Soft power is the ability to connect with others through culture and moral authority that can help influence their attitudes, and over a period of time their behavior to get the desired outcomes