The Director-General of Foreign Trade (DGFT) on Wednesday notified the submissions of Irrevocable Commercial Letter of Credit (ICLC’s) eligible as per Foreign Trade Policy 2015-2020 for the export of onions. Earlier the DGFT issued the...
The Director-General of Foreign Trade (DGFT) on Tuesday notified the extension of the validity of Pre-Shipment Inspection Agencies (PSIA). The DGFT empowered under paragraph 1.03 read with paragraph 2.04 of the Foreign Trade Policy (2015-20),...
The Madras High Court directed the custom authority to provisionally release Containers of Used Rubber Tyre Cut in Two Pieces upon payment of customs duties within a period of three weeks. The petitioners, M/s.Black Gold...
The Madras High Court directed the respondent authority to release the goods after assessing and collecting the customs duty and other charges provisionally within a period of three weeks. The petitioners, M/s.Black Gold Technologies had...
The Directorate General of Foreign Trade (DGFT) on Thursday issued a trade notice relating to the launch of a new digital platform on July 13 the first phase of which will cater to the services...
The High Court of Delhi held that the powers exercised by the Director-General of Foreign Trade (DGFT) while issuing the public notice, which puts restrictions upon the issuance of the advance authorization for the Gold...
In a recent ruling, the Central Excise and Service Tax Appellate Tribunal (CESTAT) Delhi has asked the Customs department to start an investigation on the system failure which leads to misdeclaration of goods and evasion...
The Directorate General of Foreign Trade (DGFT has released a notification wherein the government has allowed a one-time relaxation for submission of hard copy of applications for claiming assistance under ‘Transport and Marketing Assistance (TMA)...
The Central Board of Indirect Taxes and Customs (CBIC) has notified that the customs duty exemption against Scrips issued under Regional Authority under the Scheme for Rebate of State and Central Taxes and Levies (RoSCTL)...
The Customs Excise and Service Tax Appellate Tribunal (CESTAT) of Hyderabad held that importing of Multifunctional digital copies is not prohibited so cannot confiscation or penalty can be imposed. The appellant herein has imported used...
CESTAT Delhi, in a recent ruling, granted relief to Federation of Indian Export Organization (FIEO) by quashing a Service Tax demand of Rs. 2.72 crores. As per the Foreign Trade Policy of the Government, every...
In a major relief to Wipro GE Healthcare Private Limited, the Karnataka High Court allowed their refund claim of around 20 crores paid as Central Sales Tax (CST) for the period covered by Foreign Trade...
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