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However, the exporter requested the government to look into the issue of putting chemicals that are used by tanneries in the higher 18 per cent bracket.
3 min read Last Updated : Sep 04 2025 | 11:48 PM IST
The rationalisation of goods and services tax (GST) rates and simplification of procedures will lower costs, address duty-related distortions, result in faster refunds, ease liquidity pressures, and boost competitiveness for exporters across sectors.
The measures announced on Wednesday have come at a time when the US has imposed a steep 50 per cent tariff on several Indian-origin products.
The removal of the value threshold for GST refunds will significantly benefit small and e-commerce exporters by making even low-value shipments eligible for refunds. This will improve cash flow, reduce working capital