GTRI recommends simplifying customs duties, raising GST exemption for MSMEs, and avoiding low-value-added EV incentives for inclusive growth and sustainable development in India.
Global Trade Research Initiative (GTRI) recommends strategic reforms to drive inclusive growth and sustainable development in India. Key changes include simplifying customs duty structure, raising GST exemption limit for MSMEs, and avoiding incentivizing low-value-added electric vehicles. The aim is to stimulate job creation, economic growth, and ease the load on the GST system.
June 13, 2024
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