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Experts Suggest Five GST Measures To Support Exporters

At a time when India’s merchandise exports have been declining for the last five consecutive months, tax experts suggest five key changes in GST regulations to provide relief for exporters to enhance their global competitiveness.

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Govt can support exporters by addressing existing gaps, ambiguity in GST regulations

Experts suggested that it is important the government bring some clarity whether exporters will have to pay GST on reverse charge mechanism with respect to bank charges which have been deducted by overseas bank, when importer remits the sales proceeds. ....

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