FIEO HAILS INCREASE IN LIMIT FOR COURIER EXPORTS AND E-COMMERCE EXPORTS

Ludhiana, July 27, 2018: Hailing the decision to raise the limit of exports through courier and e-commerce exports through couriers and foreign post office, Mr Ganesh Kumar Gupta, President, FIEO said that the increase from Rs 25,000 to Rs 5,00,000 shows the pragmatic approach of the Government and will go a long way in facilitating e-commerce retail exports from the country.

President FIEO said that time has come to expand the list of products which can avail MEIS benefits, if exported through e-commerce. The present list exclude many products which are traded through such platform. Mr Gupta also suggested to extend the benefits to all International exports in the country as well as all Foreign Post Office instead of restricting it to few airports and post offices so that artisans and entrepreneurs located in tier 2 and 3 cities can also exploit the potential of e-commerce exports.