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Capacity building of MSME exporters among key agendas in the meeting of RAs of DGFT

Updated: Aug 11, 2017 06:41:45am
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Capacity building of MSME exporters among key agendas in the meeting of RAs of DGFT

New Delhi, Aug 11 (KNN) During the ongoing meeting of DGFT officials for giving specific suggestions on GST and Mid-Term review of Foreign Trade Policy (FTP) 2015-20, the officials will suggest measures for boosting employment generation, continued capacity building of export oriented Micro, Small and Medium Enterprises (MSMEs) and various concerns of exporters while importing raw materials under the GST regime.

The two-day meeting of all Regional Authorities of Directorate General of Foreign Trade (DGFT) and the SEZ Commissioners under the chairmanship of Director General of Foreign Trade, to take stock of the exports situation in the post GST regime, is being held in the national capital.

Regional Authorities, which are interfacing with the exporter community, will deliberate and give specific suggestions on GST and Mid-Term review of Foreign Trade Policy (FTP) 2015-20, Ministry of Commerce said in a release.

These include measures for boosting employment generation, continued capacity building of export oriented Micro, Small and Medium Enterprises (MSMEs) and various concerns of exporters while importing raw materials under the GST regime. 

Also, measures to simplify the various applications under the Foreign Trade Policy, including IEC, ANFs (Aayat Niryat Forms) and other procedural steps to facilitate “ease of doing business” are being deliberated.

The focus of the meeting is to clarify to Regional Authorities about various aspects of GST and to gain field-level stakeholder inputs on Mid-Term Review of Foreign Trade Policy so as to enhance export.

This is expected to growth momentum achieved recently in India’s exports is maintained and the export of goods and services remain competitive in the International market, the press release added.

COMMENTS

  1. Amit Gupta
    Amit Gupta 12/08/2017 4:01 AM

    HSIIDC ENHANCEMENT LIABILITY MAKE KARNAL INDUSTRIALISTS SCAPEGOAT ******** Industrialists of Sector-3A, HSIIDC Industrial Estate Karnal have sense of grievance over enhancement cost notices served @ Rs. 1734.63 per Sq. Mtr., to whom the plots were allotted during 2007 @ 1800/- and thereafter they have already suffered enhancement of Rs. 1860.15 per Sqm. during 2012. Plot holders apprehend that because of HSIIDC liability of around 7000 crores towards court awards in the State, they are being issued notices by HSIIDC without going through the actual dues, making them a scapegoat. Neither the plot holders nor the Industrial Association are provided with the details of area against which the enhancement cost is due to be paid to farmer/ petitioners interalia to be recovered from plot holders, said Mr. Amit Gupta, State Vice President, HCCI. HSIIDC recovered Rs. 29.68 crores and interest of Rs. 4.75 crore during Sept., 2012 from plot holders against previous enhancement cost for 55.29 acre land calculated upto 30-09-2012. HSIIDC is now demanding another Rs. 11.78 crore including interest of 7.51 crore towards 15.63 acre land, for which no claim has been preferred by any farmer/petitioner against previous enhancement. Similarly against the revised enhancement order of 27-03-2015 and 10-11-2015 HSIIDC has raised demand of 19.85 crores, which includes 12.67 crore as interest for total area of 70.92 acre, whereas the HSIIDC and interalia the plot holders are required to make payment of enhancement cost for only 55.29 acre. Plot holders are entitled to get relief of around 22% on account of correct area calculations and good amount of relief towards interest accrued thereon, as HSIIDC is supposed to pass on the enhancement to allottees within six months from date of decision by the concerned court under clause of 203 of HSIIDC own Estate Management Procedures (EMP)-2011, signed by the plot holders. Seeking Interest waiver by plot holders is further in line with the recent State Govt. policy to realize payment in one go by affording 75% discount, in case of defaulters. The default with Sector-3A plot holders lies with HSIIDC itself, thus qualifies for waiver of 75% towards due amount of interest, claims Mr. Amit Gupta, State Vice President, HCCI. **********

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