Commerce ministry plans tax refund scheme for exporters hit by rupee rise

Posted: Monday, Oct 01, 2007 at 0000 hrs IST
Updated: Monday, Oct 01, 2007 at 0159 hrs IST

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Forex reserves fall to $285.34 billion Export decline arrested; outlook positive Dubai debt delays revive fear of crisis

New Delhi, Sep 30 : Indian unit has appreciated by over 11% since January this year.

Although commerce and industry minister Kamal Nath had announced government's intention to exempt exporters from service tax in the April supplement of Annual Foreign Trade Policy, the finance ministry took about six months to issue a notification in this regard.

—PTI ...

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Commerce ministry plans tax refund scheme for exporters hit by rupee rise

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