While exporters will get more clarity on the impact when finer details of SWIFT ban are spelt out, they have had discussions with govt to deal with payment-related challenges
Steps announced in the Budget such as extension of the ECLGS scheme, a new law for special economic zones and setting up of 100 cargo terminals will help in boosting economic growth and exports
In 2021, the economy rebounded strongly from the lows of 2020 thanks in no small measure due to export growth
Exporters are also hoping for an extension of the Interest Equalization Scheme (IES) for three-five years
The TEA said the 11 per cent total import duty existing on cotton has been the reason for the cartelisation of players to increase the domestic cotton prices and make an abnormal profit
Domestic exporters may soon start shipments of mangoes, such as 'Dasheri' and 'Langda', to the US as America will start accepting testing certificates of specified agencies of India
The move would help in knowing the actual number of real traders in the country
The law is quite clear that SWS is to be calculated at the rate of 10 per cent on the BCD levied and collected
Govt negotiating FTAs with various countries and blocs including the UK, UAE, Oman, Australia, Canada, EU, Russia and Southern African Customs Union, says Commerce Minister
As global trade picks up pace after the ravages of the pandemic, an industry lobby's survey has found that an overwhelming number of exporters are worried about competitiveness
An exporter must make a claim for RoDTEP in the shipping bill or bill of export by making the prescribed declaration
Shipping companies counter that their costs have soared as well
Indian exporters complain of increase in freight rates by 300% to 1000% for various destinations and additional charges
Clearing their dues has been a long-standing demand of exporters
A person aware of the matter said that the decision was taken in a meeting on 'export logistics Issues and their resolution'
There is no provision of late cut under RoSCTL
Ask govt to regulate them, bat for a larger Indian shipping company
Based on estimates of the Directorate General of Shipping, the country has seen a 15 per cent fall in the supply of containers in 2021 for various reasons
The External Affairs Ministry and the Commerce Ministry should interact with the exporters and find out what they actually need from our diplomats abroad and try to meet their specific requirements
No change in stock holding limit for retailers, which has been kept at five tonnes