![Export Valuation Based on CRCL Moisture Content: CESTAT Rules Transaction Value in Invoice and BRC Must Be Accepted [Read Order]](https://images.taxscan.in/h-upload/2025/10/15/500x300_2096823-export-valuation-export-crcl-moisture-content-crcl-moisture-cestat-taxscan.webp "Export Valuation Based on CRCL Moisture Content: CESTAT Rules Transaction Value in Invoice and BRC Must Be Accepted [Read Order]")
Export Valuation Based on CRCL Moisture Content: CESTAT Rules Transaction Value in Invoice and BRC Must Be Accepted [Read Order]
The Hyderabad Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT ) ruled that in exports of iron ore, the transaction value...
![RBI Simplifies Closure of Small-Value Export and Import Entries in EDPMS and IDPMS [Read Announcement]](https://images.taxscan.in/h-upload/2025/10/04/250x150_2093750-2044267-rbi-ship-imports-permits-advance-usd50-million-bank-taxscan.webp "RBI Simplifies Closure of Small-Value Export and Import Entries in EDPMS and IDPMS [Read Announcement]")
![Export Incentives Cant Be Denied For Inadvertent Error: Karnataka HC Allows to Amend Shipping Bills [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/250x150_2078326-customs-igst-refund-igst-refund-to-exporter-higher-rate-of-duty-drawback-duty-drawback-duty-drawback-was-availed-madras-hc-taxscan.webp "Export Incentives Cant Be Denied For Inadvertent Error: Karnataka HC Allows to Amend Shipping Bills [Read Order]")
![DGFT Notifies Fixation of Three New SIONs under “Chemical and Allied Products” (Product Code - ‘A’) [Read Notification]](https://images.taxscan.in/h-upload/2025/07/30/250x150_2070970-dgft-dgft-notifies-fixation-dgft-notifies-fixation-of-three-new-sions-taxscan.webp "DGFT Notifies Fixation of Three New SIONs under “Chemical and Allied Products” (Product Code - ‘A’) [Read Notification]")
ITAT Allows Genpact to Exclude Telecom and Training Receipts from Total Turnover u/s 10AA as They Are Already Excluded from Export Turnover [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) allowed Genpact to exclude telecommunication expenses and recovery receipts for migration and on-the-job training from total turnover under...
![ITAT Allows Genpact to Exclude Telecom and Training Receipts from Total Turnover u/s 10AA as They Are Already Excluded from Export Turnover [Read Order]](https://images.taxscan.in/h-upload/2025/07/22/500x300_2067615-itat-delhi-itat-allows-genpact-genpact-taxscan.webp "ITAT Allows Genpact to Exclude Telecom and Training Receipts from Total Turnover u/s 10AA as They Are Already Excluded from Export Turnover [Read Order]")
ITAT Allows Genpact to Exclude Telecom and Training Receipts from Total Turnover u/s 10AA as They Are Already Excluded from Export Turnover [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) allowed Genpact to exclude telecommunication expenses and recovery receipts for migration and on-the-job training from total turnover under...
![ITAT Allows Genpact to Exclude Telecom and Training Receipts from Total Turnover u/s 10AA as They Are Already Excluded from Export Turnover [Read Order]](https://images.taxscan.in/h-upload/2025/07/16/500x300_2064467-itat-itat-allows-genpact-to-exclude-telecom-and-training-receipts-telecom-and-training-receipts-taxscan.webp "ITAT Allows Genpact to Exclude Telecom and Training Receipts from Total Turnover u/s 10AA as They Are Already Excluded from Export Turnover [Read Order]")
Education Consultant Services to Foreign Universities Qualify as Export, Not Intermediary Services: CESTAT [Read Order]
The New Delhi Principal Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that services provided by education consultants to foreign universities qualify as export of...
![Education Consultant Services to Foreign Universities Qualify as Export, Not Intermediary Services: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/11/500x300_2062868-education-consultant-services-foreign-universities-export-intermediary-services-cestat-taxscan.webp "Education Consultant Services to Foreign Universities Qualify as Export, Not Intermediary Services: CESTAT [Read Order]")
Classification of Offshore Services as Export or Taxable Business Support Services: CESTAT Remands Matter to Commissioner [Read Order]
The tribunal observed that the Commissioner had relied on a post-SCN period agreement and noted the assessee’s willingness to produce the appropriate agreement for the relevant time frame. The...
![Classification of Offshore Services as Export or Taxable Business Support Services: CESTAT Remands Matter to Commissioner [Read Order]](https://images.taxscan.in/h-upload/2025/07/08/500x300_2061551-business-support-service.webp "Classification of Offshore Services as Export or Taxable Business Support Services: CESTAT Remands Matter to Commissioner [Read Order]")
RBI Amends FEMA Regulations to Permit Temporary Export of Offshore Support Vessels with Re-import Requirement [Read Notification]
The Reserve Bank of India (RBI) issued Notification No. FEMA 23(R)/(6)/2025-RB dated June 24, 2025, amending the Foreign Exchange Management (Export of Goods & Services) Regulations, 2015,...
![RBI Amends FEMA Regulations to Permit Temporary Export of Offshore Support Vessels with Re-import Requirement [Read Notification]](https://images.taxscan.in/h-upload/2025/07/05/500x300_2059490-reserve-bank-of-india-foreign-exchange-management-act-temporary-export-taxscan.webp "RBI Amends FEMA Regulations to Permit Temporary Export of Offshore Support Vessels with Re-import Requirement [Read Notification]")
Penalty u/s 114(iii) of Customs Act Could not impose based on Statement Recorded u/s 108 of Customs Act: CESTAT [Read Order]
The New Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that a penalty under section 114(iii) of the Customs Act, 1962, could not be imposed based on a ...
![Penalty u/s 114(iii) of Customs Act Could not impose based on Statement Recorded u/s 108 of Customs Act: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/24/500x300_2053995-cestat-new-delhi-customs-act-penalty-taxscan.webp "Penalty u/s 114(iii) of Customs Act Could not impose based on Statement Recorded u/s 108 of Customs Act: CESTAT [Read Order]")