Success in my Habit

Tuesday, May 23, 2017

GST to help improve India's exports: Sitharaman

New Delhi: As per Ms Nirmala Sitharaman, Ministry of Commerce and Industry, Government of India, GST is expected to boost Indian exports following fitment discussions in the GST council and the treatment of commodities and services. India's total exports bounced back with a 4.95 per cent growth in 2016-17, inspite of services having a negative growth. The GST council on May 19, 2017 announced the fitment of services and GST rates for 1,211 goods as it headed towards July 1, 2017 rollout.

No comments: