DGFT

Govt caps entitlement beneath service export scheme throughout FY20 at Rs 5 crore

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Govt caps entitlement beneath service export scheme throughout FY20 at Rs 5 crore

[ad_1] The federal government on Thursday imposed a restrict on the whole entitlement beneath the Services Export from India Scheme (SEIS) for shipments made throughout 2019-20, at Rs 5 crore per exporter. Beneath the scheme, relying on the character of providers, the federal government offers obligation credit score scrips or a reward at 3-5% of … Read more

Commerce ministry fixes December 31 as deadline for exporters to submit applications for pending dues

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Commerce ministry fixes December 31 as deadline for exporters to submit applications for pending dues

[ad_1] The last date for exporters to submit online applications to claim their pending dues under different export promotion schemes will be December 31, according to a notification of the commerce ministry. On September 9, the government announced to release Rs 56,027 crore against pending tax refunds of exporters under different export incentive schemes. For … Read more