New Delhi, March 31 -- India has removed the Rs.10 lakh cap on export by courier firms and enabled the return of uncleared parcels to senders from 1 April, easing shipment constraints and improving turnaround times, the Central Board of Indirect Taxes and Customs (CBIC) said on Tuesday.
The changes that were first announced in the FY27 Union budget are part of reforms to strengthen and streamline e-commerce exports and the broader courier-based cross-border trades, the CBIC said.
These changes aim to boost ease of doing business, reduce logistics inefficiencies and strengthen India's global export competitiveness, particularly for small businesses, artisans and startups, it said.
Removing the existing value limit of Rs.10 lakh for comm...
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