Workshop on Export Incentives & Procedures at Mumbai
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Western Region office of FIEO conducted a workshop on ‘Export Incentives & Procedures’ on 3rd August in Mumbai which was attended by 40 middle and senior level export executives and proprietors. Mr. Sudhakar Kasture, the Chief Faculty for the workshop, explained to the participants about various export incentive schemes available and the procedures to avail them. The schemes covered by him were: Duty Exemption/Remission Scheme, Advance Authorisation Scheme, Duty |
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From Right to Left: Mr. Rajesh Bhatia, Jt. Director, FIEO(WR); Mr Sudhakar Kasture, Faculty and Mrs Shyamali Banerjee, Dy. Director, FIEO(WR) |
Free Import Assistance Scheme, Duty Entitlement Passbook Scheme, Export Promotion Capital Goods Scheme, Served from India Scheme, Vishesh Krishi and Gram Udyog Yojana Scheme, Focus Market and Focus Product Schemes and various other schemes. Mr. Kasture is a Trade Policy Consultant to Basic Chemicals Export Promotion Council.
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FIEO disappointed with Finance Ministry over service tax issues FIEO President Mr. Ganesh Kumar Gupta has expressed disenchantment over continued silence by the Finance Ministry on the issue of service tax exemption to exporters. He says that despite repeated requests made by the Commerce Ministry to provide service tax exemption/remission to exporters as one of the measures to offset the impact of stronger rupee, the Finance Ministry has not issued any relevant notification so far. At one hand, FIEO Chief calls for complete exemption of service tax for overseas services used by exporters, on the other hand, he proposes an effective mechanism to remit taxes on domestic services used by them within 30 days, alongwith the provision for interest on the delayed period. He says that exporters of non-Cenvatable products and merchant exporters are not enjoying any service tax relief and even the Cenvat route is denying relief to small exporters who are outside the excise net. Mr. Gupta also opposes the recent hike (from 60% to 75%) in service tax for packaged tour operators and requests the Finance Ministry to provide clarifications on procedural/technical issues related to service tax. He also seeks simplification of procedures with regard to export through courier |
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Seminar on Export Promotion from Himachal Pradesh
FIEO (Northern Region) is organizing an Interactive Seminar on Export Promotion from Himachal Pradesh as per the following schedule:
Day & Date : Friday, September 21, 2007 Time : 10.30 A.M Venue : Conference Hall, Timber Trail Resort, Parwanoo- 173220 (H.P) (The meeting will be followed by lunch)
Raja Virbhadra Singh, Hon’ble Chief Minister of Himachal Pradesh has consented to inaugurate the Seminar. Besides, senior government officials from different departments like industries, taxation etc. have also been invited for the interaction.
For more details and participation, please contact,
FIEO (Northern Region) Tel: 011-46042118, 46042121, 46042172; Fax: 011-26148194; E-mail: fieo@nda.vsnl.net.in |
