NEW DELHI : Further streamlining of cross-border trade procedures is needed for glitch-free experience to businesses, according to Central Board of Indirect Taxes and Customs ( CBIC ). In a message posted on its website, the indirect tax authority referred to Prime Minister Narendra Modi’s address to heads of Indian missions abroad earlier this month on boosting India’s exports. Streamlining cross-border trade is expected to help in making India a key part of global supply chains and boost the prospects of economic growth. He also said boosting exports was a key element of the country’s mission of self-reliance. Subscribe to Mint Newsletters * Enter a valid email * Thank you for subscribing to our newsletter.
Source: Mint August 17, 2021 10:29 UTC