Category: ExIm
The DGFT has announced rule changes to simplify the calculation of the “composition fee” for the extension of export obligations under the “Advance Authorization Scheme (AES).” These rule changes …
CBIC has notified the “Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 (CAVR 2023)” to address the threat of undervalued imports. These Rules prescribes the manner …
The Economic Cooperation and Trade Agreement (Ind-Aus ECTA) between India and Australia is now in force, which means it will have legal ramifications as of December 29, 2022. India …
The Central Government has notified exemptions from customs duty in respect of the following imports under the India-Australia Economic Co-operation and Trade Agreement (Ind-Aus ECTA), in exercise of the …
CBIC notifies the Customs Tariff Rules 2022 for the determination of Origin of Goods of ExIM trade under the India–Australia Economic and Trade Agreement (Ind-Aus ECTA), which will become …
The DGFT has announced the procedure for issuance of Preferential Certificates of Origin (CoO) regarding exports to Australia under the India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) at …
The government has announced that the scope of the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme will be expanded to include Chemicals, Pharmaceuticals, and Iron and …
The government has announced the withdrawal of steel export duties and reductions in coal import duties, effective November 19, 2022. The Central Government has removed the export duty on …
Validity of the ‘Foreign Trade Policy (FTP) 2015-2020’ along with ‘Hand Book of Procedures (HBP)’ has been further extended from 30/09/2022 to 31/03/2023 by the Govt./ DGFT. Existing FTP …
DRI has issued three show cause notices to Xiaomi India, demanding short paid duty of Rs. 653 crore on imported mobile phones during the period 01/04/2017 to 30/06/2020, for …