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Archive: February, 2026

Posts in February, 2026

DGFT Launches FLOW Scheme to Reduce Overseas Logistics Constraints for MSMEs

February 20, 2026 900 Views 0 comment Print

DGFT has introduced the FLOW initiative to address logistics and warehousing challenges faced by MSMEs in global markets. The scheme provides capped financial assistance and structured compliance conditions to improve export efficiency.

INSIGHT Scheme Launched: New Export Intelligence & Capacity Support for MSMEs

February 20, 2026 618 Views 0 comment Print

The government introduces INSIGHT under NIRYAT DISHA to strengthen export readiness through trade intelligence, skills development, and cluster-level facilitation.

DGFT Launches TRACE Scheme to Support MSME Compliance with Global Standards

February 20, 2026 1413 Views 0 comment Print

DGFT has introduced TRACE under the Export Promotion Mission to partially reimburse MSMEs for testing, certification, and compliance costs. The scheme aims to strengthen India’s export quality ecosystem and facilitate global market access.

DGFT Launches 2.75% Interest Subvention on Export Factoring to Boost MSME Export Finance Access

February 20, 2026 1575 Views 0 comment Print

A new DGFT trade notice provides structured support for export factoring transactions undertaken by MSMEs. The scheme caps benefits at ₹50 lakh per year and applies only to eligible HS tariff lines and RBI/IFSCA-regulated entities.

Affiliation Fees Collected by universities Not Exempt Under GST: Madras HC

February 20, 2026 972 Views 0 comment Print

The Madras High Court held that university affiliation, inspection, and related fees are not covered under GST exemption for services relating to admission or examination. The ruling clarifies that affiliation is a distinct taxable activity.

Telangana HC Set Aside Rejection Under Vivad Se Vishwas for Being Cryptic & Unreasoned

February 20, 2026 492 Views 0 comment Print

The Telangana High Court quashed rejection remarks under the 2024 scheme, holding that the order was too cryptic and lacked reasons. The matter was remanded for fresh consideration after personal hearing.

Paddle Wheel Aerators for Aquaculture Classifiable Under HSN 8479, Attract 18% GST: AAR Gujarat

February 20, 2026 621 Views 0 comment Print

The Authority held that aquaculture cannot be equated with agriculture and rejected classification under HSN 8436. Paddle Wheel Aerators were classified under residual HSN 8479, attracting 18% GST.

GST Liability on Interest Free Mobilisation Advance Cannot Be Deferred Until Adjustment in Running Bills: AAR Gujarat

February 20, 2026 1563 Views 0 comment Print

The Gujarat AAR held that mobilisation advance adjusted against running account bills constitutes consideration under Section 2(31) of the CGST Act. As it is applied toward works contract services, GST becomes payable. The ruling clarifies that such advances cannot be treated as mere loans to avoid tax liability.

AAR Clarifies GST on Ice Cream: Goods vs Restaurant Service & 5% Rate Applicability

February 20, 2026 1608 Views 0 comment Print

Gujarat AAR held that ice cream manufactured outside retail outlets and sold over the counter qualifies as supply of goods, not restaurant service. Classification depends on manner of supply.

Digestive Capsules Classified as Supari, Not Pan Masala; GST Fixed at 5%: AAR Gujarat

February 20, 2026 795 Views 0 comment Print

The Gujarat AAR held that paan-based edible capsules containing supari but no lime, katha, or tobacco qualify as Betel nut product known as Supari under HSN 2106 90 30. All products were taxed at 5% GST under HSN 2106.

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