Reacting to the export data for the month of October, 2017, Ganesh Kumar Gupta, President, Federation of Indian Export Organisations (FIEO) said that the fall was expected as exporters particularly MSME were facing liquidity problem to pay GST for four months in a row without getting any refund. Gupta said that there is immediate need for remedial measures to prevent further decline in exports otherwise the situation may be worse for November, 2017. Implementation of the measures approved by GST Council is not taking place as a result challenges faced by the exporters remain the same, added FIEO Chief.

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