Clarification on application fees for duty drawback rate extensions: exporters to pay per application, not per shipping bill. Effective under Drawback Rules, 2017.
Circular No. 01/2025 outlines the application of the Principal Purpose Test (PPT) under India’s Double Taxation Avoidance Agreements (DTAAs) for treaty compliance.
DGFT announces relief in Average Export Obligation under EPCG for sectors with over 5% export decline in 2023-24, easing compliance for exporters.
Revised export quotas for Agarwood chips, powder, and agar oil under DGFT notification. Annual limits increased for 2024-27 with strict compliance requirements.
RBI revises guidelines for ARCs on borrower dues settlement, emphasizing policy frameworks, valuation, and Independent Advisory Committee oversight for transparent resolutions.
Highlights of Swachhata Pakhwada 2025, luxury car customs duty evasion of Rs. 20 crore, and foreign currency smuggling case worth Rs. 1.35 crore at IGI Airport.
India extends Free import policy for Tur/Pigeon Peas until March 31, 2026, under FTP 2023. Notification No. 51/2024-25-DGFT
CBDT removes anomaly in Vivad se Vishwas Scheme, allowing appeals filed after 22nd July 2024 within the prescribed time to be eligible.
Kerala SGST issues guidelines on issuing separate notices for Sections 73 and 74. Ensures clarity and uniformity in handling GST disputes.
Learn about the Himachal Pradesh Sadhbhawana Legacy Cases Resolution Scheme, 2025, including procedures for resolving tax disputes, filing declarations, and appeals.
