Business HEADLINES News

Govt eases re-export timeline of containers by 3 months to curb shortage

Central government on Saturday announced a three-month extension for re-export of containers without attracting import duty to prevent export of empty containers.

The step has been taken in an attempt to ease the container shortage being felt by exporters.

Ordinarily, containers kept in the country beyond six months are subject to import duty to promote faster turnaround.



Leave a Reply

Your email address will not be published. Required fields are marked *

Our YouTube ChannelOur Facebook PageOur Twitter PageOur LinkedIn PageOur Instagram PageOur Whatsapp NumberYour Idea