GST rationalisation

GST Rationalisation to Boost MSMEs and E-Commerce Exports

Official Press

Official Press

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The Government of India has introduced GST rate rationalisation measures aimed at reducing costs and enhancing competitiveness across various sectors. Key reforms include the elimination of the value threshold for GST refunds on low-value e-commerce exports, benefiting small exporters and MSMEs. The changes are expected to lower input costs, streamline refund processes, and support India's ambition to become a global hub in textiles, food processing, and handicrafts, while ensuring consumer benefits.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link