Articles
General knowledge refresher
General knowledge refresher published this article page no 12 this article was published in magazine misuse of merchandise exports from india scheme service exports from india scheme advance authorisation scheme etc. misclassification of imports to such categories of cth (change in tariff heading) which is eligible for benefits under ftas. 53rising use of electronic platforms use of dark net sites (transactions through crypto currency assets and allows both buyerseller to remain anonymous); ecommerce and social media sites have allowed a number of small retail counterfeiters without links to larger organizations to proliferate. effects of smuggling and counterfeiting loss to indian economy: as per a ficci report counterfeiting and smuggling have caused a loss of rs 1.17 lakh crore to indian economy in 2017-18 in five key industries: textiles tobacco products (cigarettes) readymade garments capital goods (machinery and parts) and consumer (electronics) durables. additional cost incurred government incurs additional costs for implementing anti-counterfeiting measures and crime prevention detection regulation and deterrence measures. o police raids custom seizures execution of mass public awareness campaigns etc put a strain on limited government resources general knowledge refresher magazine subscription.