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India's decision to raise the leather and textile export tax rebate rate

http://www.31wfb.com 2016-03-29 10:04:03
    To reduce export enterprises facing the market pressure, India's finance ministry decided to improve the leather and textile industries such as export tax rebate rate.India's finance ministry said in a statement released on Monday, the revision of the tax refund rate is the average enterprise tax, consumption tax and service tax levels as the basis, such as: leather and textiles to improve 2% tax rebates.In addition to increase tax rebates, Indian government has also introduced a number of incentives.The new export tax rebate rate will go into effect on November 23.