The Ministry of Commerce and Industry vide notification dated the 23rd October, 2020 has issued the Special Economic Zones (Amendment) Rules, 2020. The amendment provides that in case of supplies from Domestic Tariff Area to foreign suppliers in Free Trade and Warehousing Zone, the drawback or any other similar benefit Scheme shall be admissible where the payments are made in foreign currency by the foreign supplier to Domestic Tariff Area.
New Guidelines for Kerala Tourist Accommodation Units
The new guidelines aimed at enhancing their facilities at tourist accommodation units.