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Project Description : A vision is best achieved through measurable targets. Government aims to increase India’s exports of merchandise and services from USD 465.9 billion in 2013-14 to approximately USD 900 billion by 2019-20 and to raise India’s share in world exports from 2 percent to 3.5 percent. In the absence of a uniform system of indirect taxation in India, exporters are often unable to get a rebate or drawback on all indirect taxes paid on the exported product and the inputs that went into its production, significantly inflating the final price of the exported product and making it less price competitive.
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