Exporters can Claim Post-Export Remission Scheme benefits without RCMC: DGFT [Read Notice]
The Directorate General of Foreign Trade ( DGFT ), through Trade Notice No. 19/2024-25 dated 4th October 2024, has issued a clarification regarding...
No forgery/misuse unveiled by DGFT Licensing Authorities: CESTAT quashes Customs Penalty on VABL License Holder [Read Order]
In a recent ruling, the Mumbai bench of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) quashed the Customs Penalty on VABL License Holders as the DGFT Licensing Authorities...
![No forgery/misuse unveiled by DGFT Licensing Authorities: CESTAT quashes Customs Penalty on VABL License Holder [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/CESTAT-CESTAT-Mumbai-Customs-Tax-Excise-Tax-Customs-Excise-and-Service-Tax-Appellate-Tribunal-Taxscan.jpg "No forgery/misuse unveiled by DGFT Licensing Authorities: CESTAT quashes Customs Penalty on VABL License Holder [Read Order]")
DGFT Revises EPCG Reporting: EO Reports must be Submitted Every 4 Years with CA/CS/Cost Accountants Certification [Read Notification]
The Director General of Foreign Trade ( DGFT ) has amended the EPCG ( Export Promotion Capital Goods )Â Reporting Requirements. The EO ( Export Obligation ) report shall be required only after a 4...
CBIC notifies revised Definition of Laboratory Chemicals under Customs Tariff Act [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) has recently issued a notification introducing a new definition of "laboratory chemicals" under the First Schedule of the Customs Tariff Act,...
DGFT allows 17,000 MT of Fresh Areca Nut Imports from Bhutan via Two Additional Ports Without MIP [Read Notification]
The Directorate General of Foreign Trade ( DGFT ) has notified that the fresh ( green ) Areca nuts from Bhutan can be imported via two additional ports LCS Hatisar ( INHT5B ) and LCS Darranga (...
Interest Equalisation Scheme Extended to 30th Sept 2024 with New Caps on Subvention Supporting MSMEs: DGFT [Read Notice]
The Directorate General of Foreign Trade ( DGFT ) has recently announced amendments to the Interest Equalisation Scheme ( IES ), extending its validity until September 30, 2024, vide Trade Notice No....
DGFT allows Free Imports of Yellow Pea Imports for Bill of Lading issued on or before Dec 31, 2024, Without MIP or Port Restrictions [Read Notification]
The Directorate General of Foreign Trade ( DGFT ) has announced an important update concerning the import of yellow peas. According to the new directive, yellow peas classified under ITC( HS ) Code...
