DGFT issues Trade Notice on Amnesty Scheme for Default in Export Obligations under AA/EPCG Schemes, no Further Extension Likely
The Directorate General of Foreign Trade (DGFT) has issued a Trade Notice, with regard to the amnesty scheme for default in export obligations under...
Withholding of Gold Imported without Customs Duty Payment: Madras HC directs to Release Goods after paying Duty [Read Order]
In a significant case, the Madras High Court directed the customs authority to release the detained gold Imported without Customs Duty Payment after paying 100% duty. M/s.Mudra Precious Metals...
![Withholding of Gold Imported without Customs Duty Payment: Madras HC directs to Release Goods after paying Duty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Withholding-Gold-Imported-Customs-Duty-Payment-Madras-High-Court-Release-Goods-paying-Duty-taxscan.jpg "Withholding of Gold Imported without Customs Duty Payment: Madras HC directs to Release Goods after paying Duty [Read Order]")
DGFT imposes Minimum Export Price of $800 per Tonne on Onions till December 31 [Read Notification]
The Directorate General of Foreign Trade (DGFT), vide notification no. 42/2023 has notified the imposition of minimum export price of $800 F.O.B per Metric Ton (MT) on export of onions till December...
DGFT Discontinues Physical Copy Issuance for Restricted Imports Authorization from October 19, 2023 [Read Notice]
The Directorate General of Foreign Trade (DGFT), vide trade notice no. 31/2023-24 has notified the discontinuance of Issuance of Physical copy of Restricted Import Authorisation with effect from...
CESTAT Set asides Penalty for Confiscation of Iron or Non-alloy steel on ground of Non-violation of Advance License under Customs notification [Read Order]
The Mumbai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the penalty for confiscation of iron or non-alloy steel on the ground of non-violation of advance license...
![CESTAT Set asides Penalty for Confiscation of Iron or Non-alloy steel on ground of Non-violation of Advance License under Customs notification [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Decoding-Startups-Pitch-Decks-Tax-Benefits-and-Opportunities-for-Professionals-TAXSCAN.jpg "CESTAT Set asides Penalty for Confiscation of Iron or Non-alloy steel on ground of Non-violation of Advance License under Customs notification [Read Order]")
IFSC-Approved Jewelers Joins RBI and DGFT Nominated Agencies for Import of Silver through IIBX; DGFT notifies amendment
The Directorate General of Foreign Trade (DGFT), vide notification no. 35/2023 S.O. 4423(E). issued on 11th October 2023 has notified the amendment in import policy condition of silver Covered under...
