https://www.taxtmi.com/news?id=1496 Reduction of transaction costs in exports through administrative and ICT reforms aims to enhance export competitiveness and particularly benefit small and medium enterprises. A Task Force identified 44 issues across the export value chain, prioritized 32 for implementation, and implemented 21 measures; it monetized cost components such as manpower, capital tied in guarantees/drawbacks, and direct administrative costs using data, expert input and benchmarking. Key recommendations include institutional strengthening, procedural simplification and deployment of electronic data interchange and e-Trade services to improve transparency, accessibility and to achieve long-term efficiency gains contingent on inter-ministerial implementation and monitoring. en-us Tue, 08 Feb 2011 19:00:29 +0530 Tue, 08 Feb 2011 19:00:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1496 Reduction of transaction costs in exports through administrative and ICT reforms aims to enhance export competitiveness and particularly benefit small and medium enterprises. A Task Force identified 44 issues across the export value chain, prioritized 32 for implementation, and implemented 21 measures; it monetized cost components such as manpower, capital tied in guarantees/drawbacks, and direct administrative costs using data, expert input and benchmarking. Key recommendations include institutional strengthening, procedural simplification and deployment of electronic data interchange and e-Trade services to improve transparency, accessibility and to achieve long-term efficiency gains contingent on inter-ministerial implementation and monitoring. News - Tue, 08 Feb 2011 19:00:29 +0530 https://www.taxtmi.com/news?id=1496