Exporters

War could affect export demand as Europe is the largest national export market for India

RBI rules allow AD Category-1 banks to close BoE for such import transactions where write-off is due to short shipment or destruction of goods by port/Customs/health authorities

Amazon has doubled the exports pledge and the Indian exporters are on track to surpass $5 billion in cumulative exports on the e-commerce platform.

Several exporters have received pending payments for shipments made to Russia before February 24 -- the day Russia-Ukraine conflict began

UK-headquartered Winvesta, a neobank building cross-border banking and wealth management solutions, has launched a foreign payment collections system for Indian exporters.

He urged the industry to suggest ways to take the exports to that level by creating incisive marketing tools and irresistible designs

Russia, Ukraine account for around 80% of India's exports to CIS countries

The Reserve Bank on Tuesday extended the interest equalisation scheme for pre and post shipment rupee credit for MSME exporters till March 2024 with the objective of boosting outbound shipments.

CIS countries include Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Uzbekistan and Ukraine

While exporters will get more clarity on the impact when finer details of SWIFT ban are spelt out, they have had discussions with govt to deal with payment-related challenges

Steps announced in the Budget such as extension of the ECLGS scheme, a new law for special economic zones and setting up of 100 cargo terminals will help in boosting economic growth and exports

In 2021, the economy rebounded strongly from the lows of 2020 thanks in no small measure due to export growth

Exporters are also hoping for an extension of the Interest Equalization Scheme (IES) for three-five years

The TEA said the 11 per cent total import duty existing on cotton has been the reason for the cartelisation of players to increase the domestic cotton prices and make an abnormal profit

Domestic exporters may soon start shipments of mangoes, such as 'Dasheri' and 'Langda', to the US as America will start accepting testing certificates of specified agencies of India

The move would help in knowing the actual number of real traders in the country

The law is quite clear that SWS is to be calculated at the rate of 10 per cent on the BCD levied and collected

Govt negotiating FTAs with various countries and blocs including the UK, UAE, Oman, Australia, Canada, EU, Russia and Southern African Customs Union, says Commerce Minister

As global trade picks up pace after the ravages of the pandemic, an industry lobby's survey has found that an overwhelming number of exporters are worried about competitiveness

An exporter must make a claim for RoDTEP in the shipping bill or bill of export by making the prescribed declaration