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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

Banks should not hold up crediting exporters money due to fault of ICEGATE

On the outstanding EDPMS entry you can't do much except follow up with ICEGATE. But, I don't think your bank is correct in holding up your money

Govt must be pro-competition rather than pro-business

Subrahmanyam's call for lower import duties is significant because it is contrary to the present government's policy of giving more and more protection to domestic producers

Chabahar port deal a step forward but questions remain

The 7,200 km INSTC project was conceived in 2002 to reduce the time and cost of moving cargo from India to Russia via Iran. More countries have now joined but the progress is very slow

Chatroom: CBIC's clarificatory circulars have retrospective effect

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

Traders should opt for AEO recognition

The 'SAFE Framework', launched in 2005, rests on three pillars viz. Customs-to-Customs network arrangements

WTO's step towards dispute settlement process reform

Many WTO members have opted to include a mechanism for resolving trade disputes in their bilateral or regional free trade agreements

Chatroom: Duty-free inputs used in export output are not export benefits

When you re-import the goods under notification 45/2017-Cus dated June 30. 2017, you have to pay the GST, DBK and RoDTEP amounts at the time of clearance

Export figures for FY04, FY14, and FY24 show interesting trends

A look at the destination of our exports shows that our shipments to our neighbours in South Asia at 5.8 per cent have stagnated in the past 10 years

Spirit of Marrakech can help reform WTO

The WTO dispute settlement mechanism was made dysfunctional by the refusal of the US to appoint judges

Chatroom: Customs should not hold up exports due to valuation issues

The Customs have held up our export consignment because our export price is nearly twice the price our purchase price

ETCD directives don't go well with RBI's stellar reputation

The RBI move goes against the trend of allowing more flexibility and therefore, retrograde

Kudos to CBIC for instructions on GST investigations

For issue of summons, prior approval of an officer not below rank of assistant/deputy commissioner must be obtained and relevancy and propriety of information/documents being sought must be recorded

DGFT should issue orders on QCO item imports as replenishment under AA

It appears the government intends to give GAEC for exports of SCOMET items only to the parties to whom you have already made some exports

Protectionism to continue if BJP comes back to power

The commerce minister left no one in any doubt that the government will protect the domestic producers as long as they felt that it was necessary

New electric vehicle scheme links lower import duty with FDI

EVs attract a BCD of 100 per cent for those priced above $40,000 per unit and 70 per cent BCD for those priced at $40,000 or less

QCOs of only three ministries exempted from imports under AA/EOU/SEZ

When we get the EPCG authorization, we can get the bill of entry finalized by claiming the exemption under the relevant Customs notification

TEPA with EFTA - welcome but no big deal

The EFTA's market access offer covers 100 per cent of non-agricultural products and tariff concessions on processed agricultural products

Govt plugs loopholes in imports of QCO items

The new disciplines imposed on imports of items subject to QCOs are well intended

Chatroom: ADD not exempt on imports under the EPCG authorisations

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