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New Delhi, July 31 (KNN) As Government is considering to replace Merchandise Exports from India Scheme (MEIS) with a new duty refund scheme called Rebate of State and Central Taxes and Levies (RoSCTL), GEMA, which is north India's biggest apparel association has sent a representation to the Government appealing not to discontinue MEIS.

Indian small and medium enterprises (SMEs) are more inclined towards building an online presence compared to their global peers, showed a new survey. 

New Delhi, July 31 (KNN) One significant area where the full potential of GST has not been achieved is the roll out of the simplified tax compliance regime, said Comptroller & Auditor General (CAG) in its first report on GST after its roll out on July 1, 2017.

The ongoing US-China trade war has offered Indian exporters an excellent opportunity to help actualise $5 trillion economy mark as envisioned by the government, feels Som Parkash, Union Minister of State for Commerce & Industry.

The textile industry has voiced alarm over the consistent fall in cotton yarn exports in the last three months due to sharp decline in demand in importing countries such as China, Bangladesh and South Korea, besides duty-free access given by China to competing Pakistan.

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