Exporters Push GST Refund Scheme For Foreign Tourists To Lift Retail Sales
At the Board of Trade meeting focused on FTAs and export competitiveness, FIEO sought a GST refund scheme for foreign tourists shopping in India. The proposal targets a boost in retail sales across gems, jewellery, textiles, handicrafts and carpets.
Board of Trade meeting focused on FTAs and export competitiveness. Exporters, via FIEO, sought a GST refund scheme for foreign tourists shopping in India, which would boost retail sales in gems, jewellery, textiles, handicrafts and carpets.
Why this matters
The proposal ties foreign tourist spending to India's export-linked retail sectors, aligning retail policy with FTA and export competitiveness discussions at the Board of Trade.
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