exports Current Affairs, GK & News

HSN Code: New rules

The Ministry of Finance recently announced that the businesses with annual turn over of more than Rs 5 crores will have to furnish six-digit HSN code on their tax invoices. The businesses with an annual turn over of less than five crores of rupees have to furnish four-digit HSN code. Previously, the requirement was four ..

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Kamalam: Gujarat renames Dragon Fruit

The Gujarat Government is to patent the Dragon Fruit in the name of “Kamalam”. Kamalam is also the name of the BJP state party headquarters in Gujarat. Dragon Fruit The Dragon fruit is a cactus variety fruit. It is widely cultivated in South east Asia, United States, Australia, India, Caribbean islands and Mesoamerica. The total ..

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India’s Rice Exports to Vietnam

Vietnam recently started to buy food grains, especially rice, from India due to its attractive prices. Vietnam has started to import rice from India in spite of the fact that the country (Vietnam) is the third biggest exporter of rice in the world. Why did Vietnam begin to import rice from India? Vietnam has begun ..

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RoDTEP Scheme

The Government of India recently announced that the benefits of RoDTEP (Remission of Duties and Taxes on Exported Products) scheme is to be extended to all goods. What is RoDTEP Scheme? The RoDTEP Scheme was launched in 2020 to boost exports of India in International markets. Under the scheme, a mechanism will be created for ..

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India-Mexico holds 8th Joint Commission Meeting

India and Mexico recently held the eighth Joint Commission Meeting. The countries appreciated the recent progress in the bilateral trade between them. Key Highlights The bilateral cooperation includes areas such as trade, agriculture, investment, health and education. The meeting was presided by the foreign ministers of the countries. They agreed to add new momentum to ..

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