In the interim period, all imports related to exports on advanced licence, EPCG or EOUs will be exempted. That will be a great relief to the exporters. This is going to be a great relief to the exporters and are the most important issues we were addressing to the government. Regarding merchant exporters, since they cannot be exempted, they have put it at 0.1% which is nothing for the interim period. We will reach that target and with aid of the very timely help from the finance minister.

Source: Economic Times October 07, 2017 10:52 UTC