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Amrin Alwani

Latest Posts by Amrin Alwani

Electronic Cash Ledger (ECL) mandatory with effect from 01 April 2023

April 3, 2023 11196 Views 3 comments Print

CBIC issued Circular No. 09/2023 – Customs, dated 30 March 2023 to clarify on phased implementation of Electronic Cash Ledger (ECL) with effect from 01 April 2023.

RODTEP Benefit Extended to Chemicals, Pharma and Steel Sector

December 9, 2022 3939 Views 0 comment Print

Commerce Ministry finally allowed RODTEP benefit to Chemical, Pharma and Steel Sector for the Exports transactions undertaken between 15 December 2022 to 30 September 2023 which was a long pending demand from the industry. The benefit is being expanded to these industry to boost exports will cost around 1000 Crore to the industry. The Scheme […]

Gujarat VAT Amnesty Scheme 2022

October 8, 2022 6729 Views 1 comment Print

Explore the Gujarat VAT Amnesty Scheme 2022 introduced by the Finance Department to settle pending appeals and dues under pre-GST indirect tax laws. Learn about exemptions, eligibility, and key considerations for businesses seeking relief from tax burdens. Read our summary for quick reference.

Re-operationalisation of the Scrip Transfer Recording Module on DGFT

April 11, 2022 2439 Views 0 comment Print

The original duty scrip holder is required to register the duty credit scrip at the Port of Registration with Customs and the ‘transfer’ of scrips from one IEC to another IEC will be as per the negotiated terms & conditions between the buyer and the seller. DGFT/Customs shall not be responsible for any lapse between the transferor or the transferee (old or new owner of the scrips) or any dispute in this regard.

Know all about Customs Cash Ledger Applicable from 1st June 2022

April 2, 2022 3822 Views 0 comment Print

The Gazette of India released on 29 March 2018 hinted about the soon introduction of Customs Electronic cash ledger similar to GST ledgers. The said amendment was mentioned in The Finance Act, 2018 under ‘Chapter VIIA – Payment through electronic cash ledger’ in the Customs Act, 1962. It was not notified then. In this regard, […]

DGFT extends Foreign Trade Policy 2015-2020 upto 30.09.2022

March 31, 2022 5322 Views 0 comment Print

The existing Foreign Trade Policy 2015-2020 which is valid upto 31.03.2022 is extended upto 30th September, 2022 by DGFT VIDE Notification No. 64/2015-2020 Dated: 31st March, 2022. While we were all eagerly waiting for the release of India’s new Foreign Trade Policy, a Public notice No- 53/2015-20 and a Notification 64/2015-20 got released today, which […]

Know all about GST E Invoice | Turnover more than 20 Crore

March 31, 2022 11898 Views 0 comment Print

Stay up to date with the new e-Invoicing system under GST for businesses with a turnover of more than 20 Crore. Learn all about the process and obligations.

Last date extended for applications under MEIS, ROSCTL, ROSL

March 7, 2022 17076 Views 0 comment Print

Extension of MEIS / Ad-hoc Incentive Scheme / ROSCTL / ROSL The last date for submitting applications under MEIS (for exports made in the period – 01.04.2020 to 31.12.2020), ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP, only for exports made in the period 01.01.2020 to 31.03.2020) has been extended. […]

Last date for MEIS / SEIS / ROSCTL extended

January 1, 2022 14751 Views 5 comments Print

As we all are aware that online E Com portal for filing of MEIS, SEIS, ROSL and ROSCTL scheme was not working for a long which was activated and an end date was provided to claim all such pending authorization upto 31 December 2021. Although, MEIS application for the period September to December 2020 was […]

Last Date for filing MEIS / SEIS Application

September 17, 2021 11751 Views 5 comments Print

Many of us are awaiting for DGFT online portal to start with online application filing of MEIS, SEIS and RoSL / RoSCTL for the exports made till December 2020. In the meantime, the Commerce Ministry has issued Notification No. 26/2015-2020 dated 16 September 2021 to notify Last date for submitting applications for scrip based FTP schemes and […]

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May 2024