Fresh concessions on cards for exporters?

Lawmakers have pitched for fresh concessions to labour-intensive exporting sectors such as textiles, leather, gems and jewellery to mitigate the compliance burden incurred in transitioning to the goods and services tax (GST) regime that was rolled out on 1 July. Accordingly, a parliamentary panel has asked the finance ministry to allow exporters to use the old system of refunds through the so-call…