The government has rationalised the duty drawback scheme for exporters and brought more items under the scheme for tax refund to give a boost to merchandise exports from the country. The government on ...

The RCMC certificate validates an exporter dealing with products registered with an agency or organization authorised by the government. (Image: freepik) The government has clarified that exporters ...

The Federal Board of Revenue has issued a new formula for calculation of duty drawback rates for exporters under the "manufacturing bond scheme" to clear thousands of pending claims at the level of ...

The relief on platinum jewellery and articles of platinum has also been revised upwards from ₹4,468.10 to ₹5,234.00 per 10 grams.(AFP) New Delhi: The government has raised duty drawback rates on ...

Exports and economic growth go hand in hand. India’s most recognised period of economic growth after the 1991 reforms saw exports rise from just 7% of GDP to 25% over 20 years. Poverty fell from 50% ...

On August 23 rd the U.S. Court of Appeals for the Federal Circuit (“Federal Circuit”) struck down federal regulations restricting refunds on export taxes and restricting beer and wine manufacturers ...

The drawback rates on gold and silver jewellery exports were notably reduced by the government. Gold jewellery rates dropped to Rs 335.5 per gram, and those for silver articles decreased to Rs 4,468 ...