Page 9 - Exporters

FTP treats merchant exporter with order as third party, says expert

'Third party' means any party who is not the buyer or the seller, but whose name is required to be mentioned in the shipping bill

Exporters may not get much help from RoDTEP

The government has restricted the allocation for MEIS benefits to Rs 5,000 crore for September-December period. In FY20, the Centre granted Rs 43,500 crore of MEIS benefits

Capping MEIS benefits at Rs 2 cr to seriously affect exporters: FIEO

The government on Tuesday capped export incentives under the scheme at Rs 2 crore per exporter on outbound shipments made during the period from September 1 to December 31, 2020

98% of exporters, especially MSMEs will benefit under MEIS: Piyush Goyal

Ninety-eight per cent of exporters, especially MSMEs will benefit under MEIS with reward cap of Rs. 2 crore/ Importer Exporter Code from September 1 to December 2020

FIEO concerned over freezing of exporters' bank accounts, seeks govt's help

In a letter, FIEO President Sharad Kumar Saraf said freezing of bank accounts without any investigation is against the principles of natural justice and is causing irreparable damage to exporters

Tirupur Exporters Association thanks govt for ESIC's decision on wages

Tirupur Exporters Association thanked the Centre for the ESIC decision to pay 50 per cent of the average wages of the employees for a maximum of 90 days of unemployment due to the pandemic

DGFT undergoing an overhaul to boost trade post-Covid pandemic

Exporters have for long been demanding that the DGFT portal be made more comprehensive and its online services more interactive and customer-focused

UP to host virtual exhibitions by exporters to beat Covid-19 slump

State will also provide financial aid to exporting firms

IGST crackdown: Exporters cry foul; govt refutes allegations of harassment

Say they are being harassed by the authorities even as 1,500 who claimed bogus GST refunds are untraceable

Fraudulent IGST refunds: Exporters to face stern action, say reports

Exporters are identified as 'risky' on the basis of specific risk indicators based on customs, GST, income tax and data from the Directorate General of Foreign Trade

Fraudulent IGST claims worth Rs 1,875 crore by risky exporters identified

These people are untraceable and the list includes seven 'star' exporters, government sources said

Govt lifts restrictions, gives relief on ITC to exporters, others under GST

The government has now kept imports, ISD and RCM out of the purview of its move to limit ITC to inputs reflected in GSTR2A

RBI gives exporters, importers liquidity and more time amid Covid-19 crisis

RBI took cognizance of the difficult situation amid the global coronavirus crisis and announced a number of measures for the export and import sector

Story in Numbers: Sanganeri textile exporters drained of colour in Covid-19

The sector was trying to emerge from the aftereffects of the implementation of GST when the pandemic struck

Stimulus 2.0: Reforms good, implementation a challenge, say food firms

The reason is the "well-oiled system" that exists right now, preventing farmers from approaching buyers directly.

Post-coronavirus India: Exporters must seek bigger global share, says Goyal

Goyal asks exporters to "identify their strengths, potentials and competitive advantages in specific sectors, and focus on harnessing them in the world markets

Need partial reopening of units, offices in red zones: Exporters to Govt

Commerce Minister Piyush Goyal says open to export incentives if they are 'justified, reasonable and WTO compliant'

Covid-19: MSMEs cautiously welcome RBI measures, exporters want more

Calls for economic package for distressed sectors continue

Can't miss peak April-June season due to coronavirus: Exporters to Centre

National-level exporters' bodies representing engineering goods, apparel, and electronics, among others, have written to the commerce department over the past two days

Covid-19: RBI announces relief for exporters, gives breather to states/UTs

It would help the exporters to realise their receipts from nations adversely affected by the virus and also negotiate future export deals