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Export of Goods & Services – Quiz !

EXPORT OF GOODS AND SERVICES

In the era of globalization, every country is taking every possible to enrich its economy by taking active part in global business. Every country is trying to making its export more and more to strengthen its position in global economy.

In India, Government has taken various initiative for promotion of exports like SEZ, EOU, various incentives etc. No doubt, greater export has many advantages. The advantages may be like strengthening of currency, position in global economy. But the government did not left this process without any legislation. Government has prescribed regulation and authority which are responsible to regulate this process. These regulation are amended from time to time for the convenience of exporter and compliance of law in efficient manner.

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