comparemela.com

Latest Breaking News On - President sk saraf - Page 4 : comparemela.com

Steps on infra, customs duty in Budget to promote mnfg, exports: Exporters

Steps announced to develop modern infrastructure and rationalisation of customs duties on different products would help in promoting domestic manufacturing and boosting exports, according to exporters. Federation of Indian Export Organisations (FIEO) President S K Saraf said that modern infrastructure makes exports competitive as it helps in reducing the logistics cost. The various facilities for fisheries will push marine exports of the country which has yet not reach anywhere near its potential, Saraf said. He also said the government should allocate the requisite funds for RoDTEP (Remission of Duties and Taxes on Export Products), MEIS (Merchandise Export Incentive Scheme) and SEIS (Services Export Incentive Scheme) so that the uncertainty is removed and exporters past claims may be released quickly as the same has severely eroded their liquidity.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.