export promotion council

Export/Deemed export incentives not availed by Exporters due to ignorance

DGFT - Supplies of goods to the industrial units or projects specified under paragraph 7.2 of the Foreign Trade Policy, 2015-2020 (FTP) within India tantamount to ‘Deemed Exports’ supplies....

Read More

Decisions taken by GST Council in its 32 Meeting on 10.01.2019

DGFT - GST Council in the 32nd meeting held on 10th January, 2019 at New Delhi took following decisions to give relief to MSME (including small traders), and took following other decisions but same would be given effect to through Gazette notifications/ circulars which shall have the force of law.-...

Read More

EPCG Scheme – Complete Analysis

DGFT - EPCG Scheme is a very Beneficial Export Promotion Scheme through which Capital Goods required for Export Production is allowed Duty Free. The objective of the EPCG Scheme is to facilitate import of capital goods for producing quality goods and services and enhance India’s manufacturing competitiveness....

Read More

SEZ developers step up demand for continued Income-Tax exemptions, Seek Centre, States intervention

DGFT - The likelihood of new units in Special Economic Zones losing Income-Tax exemptions in the Direct Taxes Code regime has stepped up representations to the Centre. According to the DTC revised draft, units coming up in SEZs after the implementation of the Code from April 1, 2011, would not get I-T holiday....

Read More

FAQ on the Exemption/ Refund Scheme for Exporters

DGFT - Refund scheme to exporters was introduced by notification no. 41/2007 dated 6th Oct 2007. The scope of refund was enhanced from time to time along with the procedural changes. To make the scheme simple and ensure speedier disposal, two notifications 17-2009-ST and 18-2009-ST have been issued on 7th July 2009 superseding the earlier scheme...

Read More

Anand Sharma Announces Exports Incentives for more than 600 Products

DGFT - Market Linked Focus Product Scheme (MLFPS): 335 New Products incentivised under MLFPS at 8 digit level, eligible for benefits @ 2% of FOB value of exports to 15 specified markets. These markets are Algeria, Egypt, Kenya, Nigeria, Tanzania, South Africa, Ukraine, Mexico, Brazil, Australia, New Zealand, Cambodia, Vietnam, China and Japan....

Read More

Government Cautions exporters on exports to Greece

DGFT - The Government has advised exporters that in view of the crisis in Greece, exports should be carried out only against an irrevocable letter of credit. Stating this in a written reply in Lok Sabha, the Minister of State for Finance, Mr Namo Narain Mee...

Read More

Single window clearance will help speed up SEZ progress

DGFT - There is a need to focus on single window clearance for speeding up the progress of Special Economic Zones, according to Mr D.K. Mittal, Additional Secretary, Department of Commerce, Government of India. Addressing the participants in an open house ...

Read More

SEZ developers step up demand for continued Income-Tax exemptions, Seek Centre, States intervention

DGFT - The likelihood of new units in Special Economic Zones losing Income-Tax exemptions in the Direct Taxes Code regime has stepped up representations to the Centre. According to the DTC revised draft, units coming up in SEZs after the implementation of the Code from April 1, 2011, would not get I-T holiday....

Read More

Government yet to clarify on tax treatment towards SEZs in Direct Taxes Code

DGFT - Even as Larsen and Toubro withdrew its proposal for an IT/ITeS Special Economic Zone (SEZ) citing uncertainty in tax treatment towards SEZs in the Direct Taxes Code (DTC), the Commerce Ministry has said the Finance Ministry is yet to consult it on the continuity of fiscal sops in the DTC to these tax-free zones....

Read More
Sorry No Post Found

RBI circular on Advance Remittance for Import of Rough Diamonds

RBI/2009-10/274, A.P. (DIR Series) Circular No. 21 - (29/12/2009) - banks have been permitted to make advance remittance without any limit and without bank guarantee or standby letter of Credit, by an importer (other than Public Sector Company or Department / Undertaking of the Government of India /State Governments) , for import of rough diamonds into India from ei...

Read More

Recent Posts in "export promotion council"

Export/Deemed export incentives not availed by Exporters due to ignorance

Supplies of goods to the industrial units or projects specified under paragraph 7.2 of the Foreign Trade Policy, 2015-2020 (FTP) within India tantamount to ‘Deemed Exports’ supplies....

Read More
Posted Under: Fema / RBI |

Decisions taken by GST Council in its 32 Meeting on 10.01.2019

GST Council in the 32nd meeting held on 10th January, 2019 at New Delhi took following decisions to give relief to MSME (including small traders), and took following other decisions but same would be given effect to through Gazette notifications/ circulars which shall have the force of law.-...

Read More
Posted Under: Fema / RBI | ,

EPCG Scheme – Complete Analysis

EPCG Scheme is a very Beneficial Export Promotion Scheme through which Capital Goods required for Export Production is allowed Duty Free. The objective of the EPCG Scheme is to facilitate import of capital goods for producing quality goods and services and enhance India’s manufacturing competitiveness....

Read More
Posted Under: Fema / RBI |

Anand Sharma Announces Exports Incentives for more than 600 Products

Market Linked Focus Product Scheme (MLFPS): 335 New Products incentivised under MLFPS at 8 digit level, eligible for benefits @ 2% of FOB value of exports to 15 specified markets. These markets are Algeria, Egypt, Kenya, Nigeria, Tanzania, South Africa, Ukraine, Mexico, Brazil, Australia, New Zealand, Cambodia, Vietnam, China and Japan....

Read More
Posted Under: Fema / RBI |

Government Cautions exporters on exports to Greece

The Government has advised exporters that in view of the crisis in Greece, exports should be carried out only against an irrevocable letter of credit. Stating this in a written reply in Lok Sabha, the Minister of State for Finance, Mr Namo Narain Mee...

Read More
Posted Under: Fema / RBI |

Single window clearance will help speed up SEZ progress

There is a need to focus on single window clearance for speeding up the progress of Special Economic Zones, according to Mr D.K. Mittal, Additional Secretary, Department of Commerce, Government of India. Addressing the participants in an open house ...

Read More
Posted Under: Fema / RBI |

SEZ developers step up demand for continued Income-Tax exemptions, Seek Centre, States intervention

The likelihood of new units in Special Economic Zones losing Income-Tax exemptions in the Direct Taxes Code regime has stepped up representations to the Centre. According to the DTC revised draft, units coming up in SEZs after the implementation of the Code from April 1, 2011, would not get I-T holiday....

Read More
Posted Under: Fema / RBI | ,

Government yet to clarify on tax treatment towards SEZs in Direct Taxes Code

Even as Larsen and Toubro withdrew its proposal for an IT/ITeS Special Economic Zone (SEZ) citing uncertainty in tax treatment towards SEZs in the Direct Taxes Code (DTC), the Commerce Ministry has said the Finance Ministry is yet to consult it on the continuity of fiscal sops in the DTC to these tax-free zones....

Read More
Posted Under: Fema / RBI |

Government announced series of new incentives for exporters

Shri Anand Sharma, Union Minister of Commerce and Industry, while addressing the media here today, has announced a series of new incentives for exporters. These are as follows: 1. New Products under Focus Product Scheme (FPS): 1.1 112 new products added under FPS at 8 digit level, eligible for benefits @ 2% of FOB value of exports to all...

Read More
Posted Under: Fema / RBI |

RBI circular on Advance Remittance for Import of Rough Diamonds

RBI/2009-10/274, A.P. (DIR Series) Circular No. 21 29/12/2009

banks have been permitted to make advance remittance without any limit and without bank guarantee or standby letter of Credit, by an importer (other than Public Sector Company or Department / Undertaking of the Government of India /State Governments) , for import of rough diamonds into India from eight mining companies, subject to certain...

Read More

Browse All Categories

CA, CS, CMA (6,147)
Company Law (8,556)
Corporate Law (10,682)
Custom Duty (9,444)
DGFT (4,854)
Excise Duty (4,841)
Fema / RBI (5,307)
Finance (5,698)
Income Tax (42,500)
SEBI (4,586)
Service Tax (4,040)