The Finance Ministry on Monday gave clarification related to goods that are taken out of India on consignment basis for exhibitions or other export promotion events.
MSME Minister Nitin Gadkari on Monday said that Micro, Small and Medium Enterprises (MSMEs) Sector contributes significantly to the Indian Economy in terms of Gross Domestic Product (GDP), Exports and Employment generation.
The domestic equity markets continued to reel from selling pressure with the benchmark Sensex extending its three-day sell-off to nearly 1,200 points, or over 3 per cent.
Sale of high-end mobile phones in the grey market is causing an estimated loss of Rs 2,500 crore annually to the exchequer, mobile industry body India Cellular and Electronics Association has claimed.
From outfit designing to spotting futuristic fashion trends to being a personal stylist to satisfying consumer experience, AI in the apparel industry will bring cutting-edge revolution and disruption that’s never been seen before.
NEW DELHI: The Finance Ministry on Monday said entities taking goods abroad for exhibitions or other export promotion events will not have to generate tax invoice for those goods which are brought back to India within six months.