DGFT clarifies no Country-wise Quantitative Restriction (QR) applicable on Import of Isopropyl alcohol by SEZ units [Read Circular]

DGFT clarifies no Country-wise Quantitative Restriction (QR) applicable on Import of Isopropyl alcohol - SEZ units - TAXSCAN

The Directorate General of Foreign Trade (DGFT) vide circular number 04/2023-24 issued on 31st August 2023 clarified that there will be no country wise Quantitative Restriction (QR) applicable on Import of Isopropyl alcohol (IPA) by SEZ units. Following the release of Notification No. 64/2015-20 on March 31, 2023, by the DGFT, which introduced safeguard measures…

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