T N C Rajagopalan column: DGFT slackness on needed GST detail

Exporters are hit hard due to denial of GST exemption on their imports or procurements

TNC Rajagopalan 

TNC Rajagopalan In the run-up to the goods and services tax (GST) regime, the commerce ministry seems a spectator. The Directorate General of Foreign Trade (DGFT) sought relevance by posting useful guidelines for exporters and importers but these are marred by some unnecessary indiscretions.   The DGFT’s Trade Notice no 11/2008 dated June 30 says for items covered under the GST, no Advance Release Order (ARO) facility will be available under the Advance Authorisation and Export Promotion Capital Goods (EPCG) scheme.  Also, Export Oriented Units (EOU) can sell in the Domestic Tariff ...

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