DGFT - The United States lodged a complaint against India before WTO on 14.03.2018 alleging that export subsidies provided by India under five sets of measures viz. the Export Oriented Units, Electronics Hardware Technology Park and Bio-Technology Park (EOU/EHTP/BTP) Schemes;...
Read MoreDGFT - A new scheme, RoDTEP (Remission of Duties and Taxes on Exported Products) has been launched by the government for exporters. The scheme provides for rebate of Central, State and Local duties/taxes/ levies which are not refunded under any other duty remission schemes. The broad provisions are as under: I. To avail the scheme exporter shall...
Read MoreDGFT - Chartered Accountant with more than 15 years of practice. Specialized in the field of Indirect taxation and Foreign Trade Policy. GST consultant for various companies. Assisted many Exporters in documentation and in obtaining the Export Incentive from the DGFT. RODTEP SCHEME A new scheme RoDTEP has been introduced from 1.1.2021 instead ...
Read MoreDGFT - We refer to our earlier article on introduction of RoDTEP Incentive scheme with effect from 01 January 2021. In relation to the said press release, ICEGATE has issued Advisory No. 01/2021 dated 01 January 2021. Please find below a brief note on important aspects from the Advisory. The broad provisions of the scheme: Pre-requisite for [&he...
Read MoreDGFT - As we all are aware that the Government was in discussion for the introduction of a new benefit of Remission of Duties and Taxes on Exported Products (RoDTEP) on merchandise exports replacing the existing Merchandise Exports from India Scheme (MEIS) Scheme. In relation to the same, the Ministry of Finance has recently issued a...
Read MoreDGFT - This report contains significant results of the performance audit on Merchandise Exports from India Scheme (MEIS) and Service Exports from India Scheme (SEIS), which was conducted to seek an assurance on the success of facilitation measures introduced for simplifying the process of issuance of scrips and to examine effective linkage of ru...
Read MoreDGFT - On the issue of recent changes in the Merchandise Export from India Scheme (MEIS), the Minister said that the capping of Rs 2 Crore will not affect 98% of the exporters who claim benefit under the scheme....
Read MoreDGFT - Cabinet approves scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) to boost exports Scheme for enhancing Exports to International Markets....
Read MoreEIH Associated Hotels Ltd. Vs Commr. of Customs (E) (CESTAT Mumbai) - EIH Associated Hotels Ltd. Vs Commr. of Customs (E) (CESTAT Mumbai) After considering the submissions of both sides, we find that in the first round of litigation when the original authority confirmed the demand and confiscated the goods with a redemption fine of Rs.1,00,000/-, the appellant filed a...
Read MoreTrade Notices No. 32/2020-2021-DGFT - (28/10/2020) - Members of trade are already aware that a new Scheme, Remission of Duties and Taxes on Exported Products (RoDTEP) has been approved for introduction by the Government....
Read MorePublic Notice No. 25/2015-2020-DGFT - (13/10/2020) - The pars 4.01 (d) of the FTP is about the Scheme for RoSL. The Gazette notifications of the Ministry of Textiles about implementation of RoSL. Scheme under scrip mechanism May be referred to for more details. The RoSL scrips shalt be issued only for such old shipping bills Of Scheme for RoSL., for w...
Read MorePublic Notice No. 17/2015.2020-DGFT - (22/09/2020) - Certain amendments have been made in the MEIS schedule Table 2 of Appendix 313 to harmonize it with the Notification no. 38 dated 01.01.2020 and the changes in the Finance (No. 2/ Act. 2019. Fifth Schedule as notified by CHIC....
Read MoreNotification No. 30/2015-2020-DGFT [S.O. 2980(E)] - (01/09/2020) - A limit on total reward under MEIS has been imposed so that for exports made in the period 01.09.2020 to 31.12.2020 the total reward which can be claimed by an IEC holder does not exceed the ceiling of Rs. 2 Cr....
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Trade Notices No. 32/2020-2021-DGFT - (28/10/2020) -
Public Notice No. 25/2015-2020-DGFT - (13/10/2020) -
EIH Associated Hotels Ltd. Vs Commr. of Customs (E) (CESTAT Mumbai) -