CBIC extends export incentives to postal shipments
India has introduced export benefits for postal mode, effective from January 15, to support cross-border e-commerce and MSMEs. This move will help level the playing field for exporters, especially in smaller towns and remote areas. The government's initiatives, such as a dedicated chapter in the Foreign Trade Policy 2023 and the 'Hub and Spoke' model, are expected to boost India's e-com export.