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of <h1>India Boosts Business: Tariff Cuts, Digital Customs, and Streamlined Compliance for Easier Trade.</h1> The circular outlines measures implemented to enhance the ease of doing business in India, focusing on customs, central excise, and service tax. Key initiatives include tariff adjustments to promote domestic manufacturing, such as reducing customs duties on certain inputs and exempting excise duties on specific goods. Non-tariff measures involve streamlining customs clearance through digital processes, 24x7 clearance facilities, and the Single Window Project for regulatory compliance. Other reforms include reducing mandatory documents for trade, enabling digital signatures, and expediting refunds. The circular also emphasizes initiatives for dispute resolution, rationalizing penalties, and expanding the Advance Ruling Scheme to encourage compliance.
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