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Archive: March, 2024

Posts in March, 2024

Customs Instruction 04/2024: Designation for Import of Frozen Duck Meat

March 7, 2024 705 Views 0 comment Print

Explore Customs Instruction No 04/2024 on the designation for commercial import of premium frozen duck meat into India. Get insights on the latest regulations and certifications.

Customs Exchange Rates effective from 8th March, 2024

March 7, 2024 12051 Views 0 comment Print

Importing & Exporting? Stay informed! Get the latest Indian customs exchange rates (effective March 8th, 2024) for 20 currencies including USD, EUR, AUD, and more. This affects duty calculations for imported & exported goods.

No TDS on Payments to Units of IFSC – CBDT Notifies

March 7, 2024 9405 Views 0 comment Print

Get details on new Income Tax Notification exempting specific payments to International Financial Services Centre (IFSC) Units from TDS deductions. This applies for 10 consecutive assessment years starting April 2024.

Advance Authorisation/DFIA: Import of Menthol under Specific ITC(HS) Codes

March 7, 2024 897 Views 0 comment Print

Stay updated on the latest DGFT regulation regarding the import of menthol covered under specific ITC(HS) codes. Learn about the suspension and its implications.

Provisions for Importing QCO-Subjected Inputs by Advance Authorisation Holders & EOUs

March 7, 2024 3541 Views 0 comment Print

DGFT introduces amendments for Advance Authorisation holders and EOUs, exempting certain imports from mandatory Quality Control Orders from FY 2024-25.

DGFT Notification: Import Provisions for QCO-exempted Inputs

March 7, 2024 3348 Views 0 comment Print

Explore the latest DGFT notification enabling import of inputs exempted from Quality Control Orders (QCOs) for Advance Authorisation holders and EOU. Learn more.

DGFT notifies Revised Import Quantities for RPC & CPC in Aluminium Industry from FY 2024-25

March 7, 2024 2091 Views 0 comment Print

Explore the latest Government of India notification (No. 68/2023) amending Import Policy for Raw Pet Coke and Calcined Pet Coke under Chapter 27. Stay informed on policy changes.

Amendment to Master Direction – Credit & Debit Card – Issuance & Conduct Directions, 2022

March 7, 2024 2013 Views 0 comment Print

Explore the latest amendments to RBI’s Master Direction on Credit Card and Debit Card Issuance. Discover changes, applicability, and insights for banks and NBFCs

Action Plans 8-10: Aligning Transfer Pricing Outcomes with Value Creation 

March 7, 2024 2829 Views 0 comment Print

Actions 8-10 of the Base Erosion and Profit Shifting (BEPS) agenda aim to address misapplications of international transfer pricing rules. These misapplications result in profit allocations not aligned with the economic activities generating them.

DVAT: Delhi HC Directs Consideration of Interest Claim under Section 42

March 7, 2024 636 Views 0 comment Print

Delhi High Court orders consideration of interest claim under Section 42 of DVAT Act for non-payment of interest on VAT refund within two weeks.

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