Monday, November 12 2018

December 16, 2017

India’s exports jump 30.55% to USD 26.19 bn in November

India’s exports rose by 30 point 55 percent to 26 point 19 billion USD in November on account of improved global demand, government incentives and simplification of GST refund process.The data released by the commerce ministry said, the month witnessed robust growth in outward shipments of gems and jewellery, engineering goods, chemical and pharmaceutical products.The govt has simplified the process for exporters to claim refunds under the GST. Input Tax Credit and Integrated-GST refunds for exporters are being expedited for quick unlocking of their capital.