Documente Academic
Documente Profesional
Documente Cultură
Q4. What are the key objectives and function of World Trade organization?
Answer. World Trade Organization (WTO), international organization established
to supervise and liberalize world trade. The WTO is the successor to the General
Agreement on Tariffs and Trade (GATT), which was created in 1947 in the expectation
that it would soon be replaced by a specialized agency of the United Nations (UN) to
be called the International Trade Organization (ITO). Although the ITO never
Q6. What are the various export promotion schemes offered by government
in order to promote export from the country?
Answer. Export Promotion Schemes
The Government of India has framed several schemes to promote exports and to
obtain foreign exchange. These schemes grants incentive and other benefits. The few
important export incentives, from the point of view of indirect taxes are briefed below:
1. Free Trade Zones (FTZ)
awback can be claimed.
Summer-2016
Get solved assignments at nominal price of Rs.125
each.