‘You should not try exporting…’: Entrepreneur calls India’s export system a nightmare cites crippling RBI compliance costs, red tapism

The Indian government often improves “Easily Acting Business”, but the latest Reddit Post of frustrated entrepreneurs has sharply challenged this story, emphasizing the bureaucracy involved directly in international customers (B2C).

The ease of practical case against reality

“Why shouldn’t you try to export from India’s air conditioner and frustration?” – Reddit user’s LIMP-4778 Details, declaring its four years of test.

The entrepreneur, from the small Indian village, at first found success in line between 300-400 daily orders. His problems began when international customers were interested in 2022.

Is punished twice a GST for rejected delivery

The situation worsened when the customer rejected the delivery, the Indian government suggested that the charges of GST to treasure GST twice. “We had to pay GST twice on the delivery we didn’t earn a penny on it,” he said, emphasizing how much punitive rules are heavy.

Further complications arose from a document called CSB 5, the mandatory shuttle bill must be maintained. Due to the poor integration between Customs, GST and RBI systems, about 50 lakhs worth of “open” cargo accounts worth the “open” worth of “open” worth of “open”. Closing each of each paid for 400, a total of 8 lakhs, about 16% of his turnover. It is impossible to satisfy a strong deadline, RBI did not match its account, freezing it and effectively completing export activities.

Silence from the authorities despite repetitive complaints

Repeated experiments with the help of regulatory bodies have been unanswered. The entrepreneur has repeatedly written to RBI and even provided detailed diagrams, explaining its situation for the Office of the Minister of Trade Piuship only to get silence.

ITC requirements stimulate bureaucratic nightmares

Small enterprises often avoid the input tax credit (ITC) due to the fear of gst auditing and harassment. Because the entrepreneur said bitterly. “We have no sincerely means, people or stability, to deal with another bureaucratic nightmare.”

India vs. United Kingdom. Emergency comparison

Highlighting the bureaucratic nonsense of India, he opposed the UK-based business remotely. “I can create a British company based in 2 days and bank account …

He mourned lost employment opportunities for more than 50 rural women, whose lives have improved through his business. Due to bureaucratic obstacles, the forced closure meant that these workers returned to their previous difficulties.