Exporters have sought support measures like waiver of electricity duty and easier availability of credit in the forthcoming Union Budget to boost the country's outbound shipments. According to exporters, the finance ministry needs to provide reasonable funds to the Department of Commerce not only for the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme reimbursement but also for export promotion and other initiatives. Under the RoDTEP, various central and state duties, taxes and levies imposed on input products, among others, are refunded. They have also suggested certain tweaks in customs duties and availability of credit at affordable rates to boost exports and create job
Hence then, the article about exporters seek support measures in budget to boost shipments was published today ( ) and is available onDevdiscourse ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Exporters seek support measures in Budget to boost shipments )