Friday, January 26, 2018

Govt hikes duty drawback rates on 102 items to make exports more competitive

The committee said it was informed that trimming down of the duty drawback scheme and consequent erosion of export competitiveness had already set in the problem of layoffs. Bipin Sapra, tax partner at EY India, said the revision of drawback rates is a welcome relief to exporters and their cash flow, ...

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