Exim community awaits GST rules of business

Exporters and importers are awaiting the finalisation of rules of business under the new goods and services tax (GST) regime. Currently, exporters are allowed duty-free import of goods used for manufacture of products. Under GST, they would have to pay the duty and then apply for refunds.  The Federation of Indian Export Organisations (FIEO) has said this will leave exporters, especially smal…