New Delhi, Nov. 10 -- India is weighing changes to its Special Economic Zone (SEZ) framework to ease restrictions between export zones and the domestic market, in an effort to strengthen manufacturing and boost exports amid global trade uncertainty.
The discussions, led by the Prime Minister's Office (PMO) in consultation with the commerce and revenue departments, aim to make SEZs more competitive by enabling smoother movement of goods and services between these enclaves and the domestic tariff area.
Officials familiar with the deliberations said proposals under review include rationalising customs duties on supplies from SEZs to the domestic market, permitting payment in Indian rupees for domestic services provided by SEZ units, and al...
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