The government on Friday approved a scheme for reimbursement of taxes and duties to exporters with a view to give boost to the country”s dwindling outbound shipments.
The reimbursement of taxes such as duty on power charges, VAT on fuel in transportation, farm sector, captive power generation, mandi tax, stamp duty and central excise duty on fuel used in transportation would make Indian products competitive in global markets.
Source: outlookindia.com
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