Govt to simplify procedures for exporters: Pravir Kumar
5 July 2014 4:34 AM IST
The Commerce Ministry is focusing on further simplifying the procedures for exporters in order to reduce transactions cost and boost India's overseas shipments, a senior government official on Thursday said.
‘Our endeavour is to make the procedure as simple as possible and make the process less painstaking...our aim is maximum governance and minimum government,’ Director General of Foreign Trade (DGFT) Pravir Kumar said here at a CII function. Kumar said the department would discuss all the issues faced by exporters with other ministries as well as state governments.
‘Whatever problems you are facing, just send your comments we will discuss it,’ he said.
He said the Commerce Ministry's endeavour is to minimise human intervention and make the process easy for exporters. He said the industry should identify products which need more support from the government. On issues related to special economic zones (SEZs), he said the matters are discussed at the highest level ‘and some solutions will come’.
The export promotion body for special economic zones has asked the Finance Minister to roll back the minimum alternate tax (MAT) on SEZs, saying that the move will boost overseas shipments as well as domestic manufacturing. On the forthcoming Foreign Trade Policy (FTP), he said that the ministry is in the process of compiling all the suggestions given by stakeholders.
‘Our endeavour is to make the procedure as simple as possible and make the process less painstaking...our aim is maximum governance and minimum government,’ Director General of Foreign Trade (DGFT) Pravir Kumar said here at a CII function. Kumar said the department would discuss all the issues faced by exporters with other ministries as well as state governments.
‘Whatever problems you are facing, just send your comments we will discuss it,’ he said.
He said the Commerce Ministry's endeavour is to minimise human intervention and make the process easy for exporters. He said the industry should identify products which need more support from the government. On issues related to special economic zones (SEZs), he said the matters are discussed at the highest level ‘and some solutions will come’.
The export promotion body for special economic zones has asked the Finance Minister to roll back the minimum alternate tax (MAT) on SEZs, saying that the move will boost overseas shipments as well as domestic manufacturing. On the forthcoming Foreign Trade Policy (FTP), he said that the ministry is in the process of compiling all the suggestions given by stakeholders.
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