News
Traders may get IGST exemption on imported inputs that currently don’t face basic customs duty
- Date:
- September 27, 2017
- Source:
- Economic times
Exporters may get an outright exemption from the integrated goods and services tax ( IGST ) on imported inputs that currently don’t face basic customs duty to help perk up the sector, which has been hit hard by rupee appreciation, said government officials. Also under consideration is a refund mechanism for taxes paid on local inputs used by exporters, they said. A final call on the matter will be…