DGFT : Explore evolution, regulations, and challenges of insider trading in India. Learn about SEBI's role, notable cases, and proposed s...
DGFT : Learn everything about the Advance Authorisation Scheme for duty-free inputs in exports. Eligibility, application procedure, duty ...
DGFT : Foreign Trade Policy update: DGFT extends RoDTEP benefits to AA, EOU, and SEZ units vide Notification No. 70/2023, dated March 8, ...
DGFT : Explore how manufacturers can import goods for export production without a BIS certificate through Advance Authorization, ensuring...
DGFT : Explore the Amnesty Scheme for Advance Authorization and EPCG License holders provided by the Government. Regularize pending cases...
DGFT : CBIC introduces electronic disbursal of duty drawback directly to exporter's bank accounts via PFMS, enhancing transparency and ef...
Custom Duty : CBIC's E-scrip module for digital access to RoSCTL and RoDTEP schemes. Step-by-step guide for exporters, including account creati...
DGFT : Government is implementing Trade Infrastructure for Export Scheme (TIES) with the objective of assisting Central and State Govern...
DGFT : Export Promotion Government is encouraging and promoting Indian exports in international markets and initiate suitable interventio...
DGFT : EPCG stands for Export Promotion Capital Goods. The objective of this scheme is to facilitate the import of capital goods with the...
Custom Duty : Read the full text of the CESTAT Kolkata order on whether Olectra Greentech qualifies for DFIA scheme benefits for importing Lithi...
Custom Duty : CESTAT Kolkata upholds refund claim by New Way Vyapaar Private Limited, stating customs duty paid through DEPB Scrip cannot be rej...
DGFT : Supreme Court has reversed the decision of Guj HC Decision & allowed the Revenue Appeal GST/Customs - Section 3(7) and Section (9...
Custom Duty : DEPB licences sold by the appellant were based on fabricated documents showing export of goods to Bangladesh through Land Customs ...
Custom Duty : Colour Cottex Pvt Ltd Vs Commissioner of Customs (Exports) (Delhi High Court) Delhi High Court find merit in Revenues contention...
Custom Duty : Explore instructions from the Ministry of Finance, Department of Revenue for reducing physical interface while addressing queries ...
Custom Duty : Explore the Ministry of Finances Amnesty Scheme for one-time settlement of export obligation defaults by Advance License and EPCG ...
Custom Duty : The Ministry of Textiles announces updates to the RoSCTL scheme, increasing rebates on textile exports until March 2026. Details i...
Custom Duty : Read about the Ministry of Textiles' decision to extend the RoSCTL scheme for apparel and made-ups exports, ensuring competitivene...
Custom Duty : Introduction: In a significant development for exporters, the Government of India, through the Ministry of Finance’s Departm...
Under the FTP 2015-20, MEIS/SEIS intends to incentivise exports of goods manufactured in India or produced in India. The duty credit scrips can be utilised to pay customs duties on import of inputs or goods, safeguard duty, anti-dumping duty and any other customs duty under FTP 2015-20.
Every country believes in keeping foreign reserves on a higher side to balance the economy. For that purpose, every economy tends to encourage the exports and motivate the indigenous production. To encourage the exporter every country provides a lot of benefits in terms of Duty Drawback etc. India is not behind compared to any other […]
Service Providers in Telecom Sector” meant and included only the Telecom Service Providers of services mentioned therein. The ambit and scope of such exclusion was not of Service Providers who render services to such Telecom Service Providers. Though, a similar list was not appended to FTP or HBPv1, there was no reason for a different interpretation to be placed to FTP 2015-20. Clearly, what was made ineligible for availing benefit of SEIS in terms of paragraph 3.09(2)(i) were the Telecom Service Providers and not the Service Providers who provide services to such Telecom Sector.
Government of India has approved a new Central Sector Scheme – ‘Production Linked Incentive Scheme for Food Processing Industry’ for implementation during 2021-22 to 2026-27 with an outlay of Rs. 10,900 crore.
Cabinet approved the Central Sector Scheme – ‘Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) to support creation of global food manufacturing champions commensurate with India’s natural resource endowment and support Indian brands of food products in the international markets with an outlay of Rs. 10900 crore.
Export Promotion The Government of India has launched the Trade Infrastructure for Export Scheme (TIES) scheme w.e.f FY 2017 -18 to assist Central and State Government agencies for creation of appropriate infrastructure for growth of exports from the States. The Scheme provides financial assistance in the form of grant-in-aid to Central/State Government agencies for setting […]
Keeping in view India’s vision of becoming ‘Atmanirbhar’ and to enhance India’s Manufacturing Capabilities and Exports, an outlay of INR 1.97 lakh crore has been announced in Union Budget 2021-22 for PLI schemes for 13 key sectors for a period of 5 years starting from fiscal year (FY) 2021- 22.
Upon reading of the heading, one may feel that what could be issues faced by SEZ unit as they can procure the goods without payment of GST and export their supplies without payment of GST. SEZ units are facing many issues in GST regime due to lack of co-ordination between the associated enactments, GST portal […]
Ministry of Labour & Employment has launched ‘National Pension Scheme for Traders, Shopkeepers and Self-Employed Persons’ on 12.09.2019. It is a voluntary and contributory pension scheme. Enrolment to the scheme is done through the Common Service Centres with its network of 3.50 lakh Centres across the country.
Bharat Rasayan Ltd. Vs ACIT (ITAT Delhi) We have also examined the para no. 3.15.3 of the scheme document of the Foreign Trade Policy of Government of India, Ministry of Commerce and Industry wherein it was specified that market linked focus products scripts (MLFPS) is meant for export of products of high export intensity employment […]
