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  • Business

Govt announces sops to boost exports

Faced with declining exports, the government on Thursday announced a slew of measures including extension of the popular EPCG scheme to all sectors and sops for special economic zones to boost......

EPCG scheme under lens

The government has decided to examine the popular export promotion scheme -- the Export Promotion Credit Guarantee Scheme -- to prevent its misuse in the wake of a car import scam coming to light......

No bank cover under EPCG

Exporters may be spared the trouble of obtaining bank guarantees every time they apply for import licences under specific schemes. The move will reduce exporters' transaction costs, making them......

Exim Policy to streamline DEPB, EPCG

Enthused by over 20 per cent export growth this year, the Exim Policy to be unveiled on March 31 will contain far reaching measures to encourage exports of textiles and gems and jwellery besides......

India's exports fall to $300.6 billion

India's exports during 2012-13 declined 1.76 per cent to $300.6 billion mainly on account of slowdown in the global economy, Commerce and Industry Minister Anand Sharma said. The declining exports......

  People speak for epcg

  • QNA
Q. Is there any provision to waive the penalty under Service Tax law?
:  A. Ans. Section 80 of the Finance Act, 1994, provides provisions not to impose penalty, for any failure referred to in the said provisions, if the...... more

http://qna.rediff.com/questions-and-answers/is-there-any-provision-to-waive-the-penalty-under-service-ta//answers/21041906

Arun Nayar
Q. What is the Interest rate in case of late payment of Excise Duty?
Arun Nayar:  A. In case of late payment of Excise Duty Interest @ 18% per annum should be...... more

http://qna.rediff.com/questions-and-answers/what-is-the-interest-rate-in-case-of-late-payment-of-excise-/21041882/answers/20938552

KB Singh
Q. which intimation is required to be filed if we are doing Jobwork of Exempted SSI Goods?
KB Singh:  A. If we are doing Jobwork of Exempted SSI Goods then Supplier of the goods should file a Declaration Under Notification No. 83/94 Dt...... more

http://qna.rediff.com/questions-and-answers/which-intimation-is-required-to-be-filed-if-we-are-doing-job/20938437/answers/20938526

Arun Nayar
Q. Is there any need for giving intimation if we send our goods to a Jobworker who is not registered under Central Excise ?
Arun Nayar:  A. No there is no need to give any intimation on sending the goods for Jobwork to a Non excisable...... more

http://qna.rediff.com/questions-and-answers/is-there-any-need-for-giving-intimation-if-we-send-our-goods/20938424/answers/20938507

Tanvi Bhati
Q. what is a Bond?
Tanvi Bhati:  A. Bond is an instrument by which the obligation to pay money is created expressly. A bond is a collateral security, which the department is securing...... more

http://qna.rediff.com/questions-and-answers/what-is-a-bond/20938409/answers/20817288

  Web results for Epcg
Govt reviewing FTAs to enhance exports

Minister of State for Commerce and Industry D Purandeswari said that in order to enhance exports with other nations the Government is reviewing... ...

http://www.indian-commodity.com/economy/govt-reviewing-ftas-to-enhance-exports.aspx
'No import duty cut merely because importer is SSI unit'

We are a SSI unit manufacturing shawls and stoles. Our turnover is below Rs 4 crore in one unit and below Rs 1 crore in another unit. We consume... ...

http://www.smartinvestor.in/market/Econnews-175785-Econnewsdet-No_import_duty_cut_merely_because_importer_is_SSI_unit.htm
Govt sets $325 billion exports target for FY14

The Government has set the exports target to $325 billion for the FY14 which is less than the previous fiscal's exports target of $360 billion in... ...

http://www.indian-commodity.com/economy/govt-sets-325-billion-exports-target-for-fy14.aspx
Revamped EPCG scheme may take sheen off SEZs

http://www.business-standard.com/india/news/revamped-epcg-scheme-may-take-sheen-off-sezs/515141/
Govt announces relief to SEZ with regard to land requirement

The Union government on April 19 announced relief for special economic zones (SEZs) by tweaking the minimum-land-area requirement and allowing... ...

http://www.constructionupdate.com/news.aspx?nId=c07GyW+iT74DWhMaPNiK1A==

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