Govt mulls incentives for exporters as GST will do away with exemptions

The government may offer incentives to exporters to offset potential losses after goods and services tax (GST) kicks in from July, which will do away with a string of exemptions that traders currently enjoy. “The Directorate General of Foreign Trade (DGFT) is considering allocation of resources or ways to incentivise exporters (after implementation of GST from July 1) in some manner,” a senior gov…