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 ..
Month: Current Affairs - April, 2021
Category: Economy & Banking Current Affairs
Topics: CBIC • exports • GST • HSN • imports • World Customs Organization (WCO)
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 ..
Month: Current Affairs - January, 2021
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs • States Current Affairs
Topics: Bhartiya Janta Party (BJP) • Dragon fruit • exports • Fruits • Gujarat • Kamalam
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 ..
Month: Current Affairs - January, 2021
Category: Economy & Banking Current Affairs
Topics: agricultural exports • exports • India exports • India-Vietnam • Paddy • Rice • Vietnam
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 ..
Month: Current Affairs - January, 2021
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
Topics: Enhancing Exports • exports • MEIS • MEIS Scheme • RoDTEP scheme • Tax Incentives • World Trade Organization (WTO)
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 ..
Month: Current Affairs - October, 2020
Category: International Current Affairs
Topics: Bilateral investment treaty • bilateral trade • exports • Green Revolution • India Tourism • india-mexico • intellectual property rights • United Nations Security Council