![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]")
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...
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...
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, persist post-merger and are not extinguished,...
![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]")
DGFT imposes Countervailing Duty on Welded Stainless-Steel Pipes from China and Vietnam for 5 years [Read Notification]
The Directorate General of Foreign Trade ( DGFT ) has imposed a countervailing duty on imports of Welded Stainless-Steel Pipes and Tubes originating from or exported by China PR and Vietnam. The...
Madras HC Orders Conditional Provisional Release of Copying Machines in which Bill of Lading raised before DGFT Restriction Notification [Read Notification]
The Madras High Court has ordered the provisional release of secondhand digital multifunction print, copying, and scanning machines which import process already initiated by the petitioners before a...
Govt Broadens Raw and Calcined Pet Coke Import Access for More Industries for Domestic Needs [Read Notification]
The government has expanded access to the import of raw and calcined petroleum coke (RPC and CPC) to support a broader range of domestic industries. The DGFT ( Directorate General of Foreign Trade )...
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...
