DGFT amends Import Policy in Alignment with FSSAI Regulations [Read Order]
The Directorate General of Foreign Trade (DGFT) No. 40/2023 issued on 26th October 2023 has notified the amendment in import policy Condition 1 of...
Central Govt to Organise Monthly Workshops on E-Commerce Exports during 1st Week of Each Month: Register here
The Ministry of Commerce and Industry, through Trade Notice No. 25/2023-24 issued on September 1, 2023, has announced the organization of monthly workshops on E-commerce exports, scheduled for the...
Central Govt anticipates to Extend Export benefits for Iron and Steel, Chemicals and Pharmaceutical Sectors under RoDTEP scheme
The Central Government is considering an extension of the export benefits under the Remission of Duties or Taxes on Export Products (RoDTEP) Scheme for the Iron and Steel, Chemicals, and...
Second-Hand Goods are Restricted for Import Under Foreign Trade Policy: CESTAT Imposes Customs Duty Demand
The Bangalore Bench of the Customs, Excise and Service Tax (CESTAT), imposed customs duty demand and held that second-hand goods are restricted for import under Foreign Trade Policy. The appellant...
DGFT updates List of Banks authorised to Import Gold/Silver under Appendix 4B of HBP, 2023 [Read Notification]
The Directorate General of Foreign Trade (DGFT) vide notification number 28/2023 on 18th August 18th 2023 has updated the list of banks authorised to import gold/silver under the Appendix 4B of the...
CESTAT upholds Penalty Imposed for Confiscation of goods Falls under "Light Oil” on Ground of Violation of Policy Conditions of Foreign Trade Policy [Read Order]
The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) upheld the redemption fine and penalty imposed for the confiscation of goods that falls under the category of...
![CESTAT upholds Penalty Imposed for Confiscation of goods Falls under Light Oil” on Ground of Violation of Policy Conditions of Foreign Trade Policy [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/CESTAT-Upholds-Penalty-Confiscation-of-goods-Light-Oil-Penalty-CESTAT-Violation-of-Policy-Conditions-Foreign-Trade-Policy-taxscan.jpeg "CESTAT upholds Penalty Imposed for Confiscation of goods Falls under Light Oil” on Ground of Violation of Policy Conditions of Foreign Trade Policy [Read Order]")
DGFT notifies amendment in Export Policy of Red Sanders wood exclusively sourced from Cultivation origin obtained From Private Land (including Pattaland) and Confiscated Source [Read Notification]
The Directorate General of Foreign Trade (DGFT) vide notification no. 25/ 2023 issued on 3rd August 2023 restricted the export policy of Red Sanders wood exclusively sourced from Cultivation origin...
