Introduction: In a significant development for exporters, the Government of India, through the Ministry of Finance’s Department of Revenue, has released a Public Notice regarding the revision of All Industry Rates (AIRs) of Duty Drawback. This update, dated October 27, 2023, outlines essential changes and clarifications concerning Duty Drawback rates and their implications for the […]
Government of India’s Ministry of Commerce & Industry makes key amendments to Para 4.10 (i) of the Handbook of Procedures, impacting Input Tax Credit on GST paid materials.
Discover streamlined endorsement of invoices for SEZ units/developers. Learn about using DTA Procurement Forms and online procedures. Public Notice 01/2023.
DGFT suspends SION E-125 for Shea Stearine exports, pending revision. Learn about the impact and the steps exporters should take. Read more.
India’s DGFT introduces automatic Status Holder Certificate issuance for exporters. Explore the revised procedure eliminating the need for filing applications in this public notice.
Ministry of Home Affairs, India, extends validity of FCRA registration certificates for specific categories of entities. Learn about the extension criteria and implications.
DGFT delists 29 agencies from FTP 2023 Appendix 2E for failing to adopt e-CoO platform. Details and impact in this update
Learn about SOP for monitoring Export obligation fulfillment under EPCG and Advance authorization schemes by Chennai Customs.
An in-depth analysis of India’s extended Amnesty Scheme aimed at settling defaults in Export Obligations for Advance and EPCG Authorisation holders. Deadline extensions, procedural guidelines, and more.
Standard Input Output Norms (SIONs) for Leather, Leather Products and Footwear and General Note for Leather & Leather Products stand amended with effect from 15.09.2023. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) Public Notice No. 30/2023-DGFT | Dated: 31st, August, 2023 Subject: Revised SION’s for the leather, leather products […]
