![Transferors unfulfilled advance license obligations persist post-merger, does not extinguish Liabilities in Customs Duty: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Madras-High-Court-Customs-Duty-Liabilities-in-Customs-Duty-Customs-duty-liabilities-after-merger-Unfulfilled-obligations-customs-duty-taxscan.jpg "Transferors unfulfilled advance license obligations persist post-merger, does not extinguish Liabilities in Customs Duty: Madras HC [Read Order]")
Transferor's unfulfilled advance license obligations persist post-merger, does not extinguish Liabilities in Customs Duty: Madras HC [Read Order]
The Madras High Court ruled that the transferor's unfulfilled obligations under an advance license, including liabilities related to customs duty,...
DGFT allows additional 12 months for Export of Red Sanders Heart Wood in log form by Odisha Govt [Read Notification]
The Directorate General of Foreign Trade ( DGFT ), through its notification No. 26/2024-2025 dated 3rd September 2024, has granted an additional 12-month extension for the export of Red Sanders Heart...
Amendment Certificate issued u/s 149 Customs Act: Delhi HC directs consideration of MEIS claim application [Read Order]
The Delhi High Court ( HC ) directed the respondent to consider the Merchandise Exports from India Scheme (MEIS) claim application of Petitioner as the amendment certificate was issued under section...
Public Notice on Permissible Wastages and SIONS w.r.t. Jewellery Export kept in Abeyance till 15th Sept, 2024: DGFT [Read Notification]
The DGFT ( Directorate of Foreign Trade ) has temporarily suspended Public Notice 05/2024, issued on May 27, 2024, until September 15, 2024, following a request from the Gem & Jewellery Export...
Rs. 50 Lakh DGFT Penalty and Document Submission Failure attributable to DRI: Delhi HC allows Petitioner Extension of Time [Read Order]
In a significant development, the Delhi High Court has intervened in a case involving the Directorate General of Foreign Trade ( DGFT ), quashing a hefty penalty of Rs. 50,00,000 imposed under the...
DGFT issues Draft Modalities for operations of E-Commerce Export Hubs, Invites Guidance from Stakeholders [Read Notification]
The Directorate General of Foreign Trade ( DGFT ) has unveiled draft guidelines for the operation of E-Commerce Export Hubs ( ECEH ). These hubs are designed to enhance predictability and minimise...
