The Government extended the free import policy for Tur to ensure adequate supply in the domestic market. This helps control price volatility and supports food security.
The government has extended the unrestricted import of Urad for another year. The key takeaway is that importers can continue duty-free imports without policy restrictions until 31 March 2027.
The government extended the Free import policy for Yellow Peas without MIP or port limits. Imports remain subject to online monitoring registration.
The notification prolongs MIP on Virgin Multi-layer Paper Board imports until 30 April 2026. It reinforces regulatory control over import pricing and stabilizes domestic market conditions.
The amendment clarifies that income from investments made before 1 April 2017 is excluded from Chapter XI provisions. It ensures that legacy investments are protected from retrospective tax implications while applying anti-abuse rules prospectively.
The latest amendment excludes income arising from transfer of pre-2017 investments from GAAR scrutiny. It reinforces the protection of grandfathered investments despite broader applicability of anti-avoidance provisions.
The notification grants customs duty relief to SEZ units clearing goods to DTA, provided production began before 31 March 2025. It clarifies eligibility conditions, exclusions, and compliance requirements for availing the benefit.
The RBI extended the time for realisation of export proceeds from nine to fifteen months due to global uncertainties. This decision addresses delays caused by geopolitical tensions and logistical disruptions.
The government amended the earlier notification by replacing Table 1 with a revised duty structure. This change impacts applicable customs rates and compliance requirements for specified goods.
The government amended the earlier notification by replacing Table I, II, and III with updated duty structures. The change impacts applicable rates and conditions for specified goods under customs law.
