In a stakeholder consultation by the government with exporters, the Central Board of Indirect Taxes and Customs (CBIC) said that it is working to ease concerns of e-commerce exporters, who have repeatedly complained of delays in IGST refund due to data mismatch and concerns over export reporting procedures. Concerns include non-transmission of shipping bill data from ICEGATE to GSTN due to a mismatch in invoice numbers, port codes, or HSN codes.
Urging the CBIC for faster refunds for e-commerce exports,
Aiming to catalyse India's e-commerce export potential, FIEO signed a Memorandum of Understanding (MoU) with Amazon India to accelerate exports by micro, small, and medium enterprises (MSMEs) across the country. The partnership aims to establish a dedicated e-commerce export task force to
FIEO's Director General Ajay Sahai, said that the partnership aims to build the capacities of small businesses, including artisans, weavers, and manufacturers, help them leverage e-commerce for international expansion, enhance global visibility of Indian products, and work closely with stakeholders to identify the issues and address them.
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