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GST Council to discuss 22% rate for multi-utility vehicles on July 11: Sources

The fitment committee has recommended the inclusion of all utility vehicles, by whatever name called, of length greater than 4,000 mm, engine capacity greater than 1,500 cc and ground clearance of more than 170 mm in the 22% cess category along with SUVs, says a source. ....

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Centre amends Foreign Trade Policy to allow international trade settlements in Indian Rupees

Centre on Wednesday announced that it has made amendments in the Foreign Trade Policy and Handbook of Procedures to allow for International Trade Settlement in Indian Rupees (INR) and settlement of exports/imports in Indian Rupees. ....

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DGFT notifies norms for export incentives on rupee receipts

The Directorate General of Foreign Trade (DGFT) on Wednesday notified norms for permitting exporters to avail incentives under the foreign trade policy, even on realisation in rupee.

The DGFT, under the commerce ministry, has already allowed invoicing, payment and settlement of exports and imports in Indian rupee, a move aimed at facilitating trade in the domestic currency. ....

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Centre Amends Foreign Trade Policy To Allow International Trade Settlement In Rupee

The amendments will allow International Trade Settlements in Indian Rupees for Export Promotion Schemes under the Foreign Trade Policy, , foreign trade policy, International Trade Settlement ....

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Centre amends Foreign Trade Policy to allow international trade settlements in Indian Rupees

Centre amends Foreign Trade Policy to allow international trade settlements in Indian Rupees
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