Time limit extended for submitting Form GST TRAN-1

The Central Board of Indirect Taxes and Customs vide its order dated 7th February, 2020, has extended the time limit for submitting the declaration in FORM GST TRAN-1 till March 31, 2020, owing to difficulties …

CBIC exempts specified goods from health cess imposed of certain medical devices.

The Central Board of Indirect Taxes and Customs vide notification dated 2nd February 2020 Seeks to exempt specified goods from Health Cess imposed on the medical devices falling under heading 9018 to 9022 in terms …

DGFT mandates that Issuance of Preferential Certificate of Origin for India’s Exports to Nepal shall be through online portal.

Directorate General of Foreign Trade (DGFT) has mandated that for exports to Nepal from India under South Asian Free Trade Area (SAFTA) and SAARC Preferential Trading Arrangement (SAPTA), the Preferential Certificate of Origin shall be …

DGFT Prohibits gift imports through e-commerce portal

The Directorate General of Foreign Trade vide Notification dated 12th December 2019, has amended para 2.25 of Foreign Trade Policy (FTP), 2015-2020 thereby prohibiting the import of goods as gifts through e-commerce portal.

DGFT extends last date for obtaining SIMS (Steel Import Monitoring System) registration till 21st November , 2019

he Directorate General of Foreign Trade Vide notification dated 13th November 2019, has extended the one time relaxation for obtaining (Steel Import Monitoring system) SIMS registration till 21st November 2019 and has amended certain import …

DGFT extends the date for import of Pulses for the fiscal year 2019-20

The Directorate General of Foreign Trade (DGFT) in its trade notice dated 5th November 2019, has extended the deadlines for import of Toor till 15th November 2019 from 31st October 2019 fixed as per Notification …

DGFT Issues notice to the members of trade and industry to choose the appropriate category while filing the bill of entry

Directorate General of Foreign Trade has advised the members of trade and industry to be careful while mentioning the HS Codes in Bill of Entry in case of imports and shipping bills in case of …

DGFT Bans import of pet flakes made from used PET bottles

The Directorate General of Foreign Trade (DGFT) in its notification dated 24th October, 2019 has banned the import of PET flakes made from used PET bottles.

CBIC launches new program to attract investment and support ‘make in India’ program

The Central Board of Indirect Taxes and Customs (CBIC) has launched a new scheme expected to play a critical role in promoting investments in India and strengthen ‘make in India’ through manufacture and other operations …

Warehoused Goods (Removal) Regulations amended

Central Board of Indirect Taxes and Customs (CBIC) has amended the Warehoused Goods (Removal) Regulations, 2016, through its notification dated 1st October, 2019. The Regulations govern the storing, transfer and transport of good warehouse by …