India initiates anti-dumping probe into import of aluminium foil from China

India has initiated an anti-dumping probe into the import of aluminium foil, used as a packaging material for conservation and preservation of edible and...
RODTEP extension will combat global snags

RODTEP extension will combat global snags

The extension of the remission of duties and taxes on exported products (RODTEP) scheme to include exports from special economic zones (SEZs) and export-oriented...

Govt eases import quality rules to help exporters

To give a push to e-commerce exports the government has also decided that the Electronic Bank Realisation Certificate (EBRC) will be self-generated from now....
EU’s Carbon Tax Will Dent Indian Exporters – Will Indian Government Reciprocate Soon ?

EU’s Carbon Tax Will Dent Indian Exporters – Will Indian Government Reciprocate Soon ?

"There will be no additional CBAM levy if an exporting nation also taxes carbon emissions locally. So, if we collect the tax in India...
Latest all Industry Rates of Duty Drawback Effective from October 30, 2023

Latest all Industry Rates of Duty Drawback Effective from October 30, 2023

The CBIC vide Notification No. 77/2023-Customs (N.T.) dated October 20, 2023, notified the revised All Industry Rates of Duty Drawback, which will be in effect...

Step by Step Procedure to Import Food Products in India

Procedure to import foods in India Acquire Importer-Exporter Code (IEC) Obtaining an Importer-Exporter Code (IEC) is a crucial step when importing or exporting goods to or...
DGFT Amends HBP, 2023 to Facilitate ITC on GST Paid Materials under Advance Authorization Scheme

DGFT Amends HBP, 2023 to Facilitate ITC on GST Paid Materials under Advance Authorization...

Introduction The Directorate General of Foreign Trade (DGFT) has amended the Handbook of Procedures (HBP), 2023 to facilitate Input Tax Credit (ITC) on GST paid...