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ADVANCE AUTHORISATION LICENCES
Govt imposes import curbs on silver amid push to tighten precious metals inflowsNew government restrictions target silver imports. The Centre is also tightening rules for duty-free gold imports by jewellery exporters. T...
Titan Company, Kalyan Jewellers, Senco Gold, other stocks fall up to 2% as Centre tightens duty-free gold importsNew regulations on duty-free gold imports for jewellery exporters have caused shares of Senco Gold, Thangamayil, and Kalyan Jewellers to di...
India restricts duty-free gold imports to curb misuseIndia has imposed new restrictions on duty-free gold imports. This move follows a recent increase in customs duties. The government aims to...
Government tightens rules for duty-free gold imports, caps quantity at 100 kg per licenceThe Directorate General of Foreign Trade has introduced new rules for duty-free gold imports by gems and jewellery exporters. These measure...
Apollo Micro Systems shares jump 23% in 2 days after securing arms manufacturing licenceApollo Micro Systems shares surged after receiving a crucial arms manufacturing licence from the Indian government. This lifetime licence a...
Amid West Asia war, FY26 goods exports may fall 2-3%: FIEOIndia's goods exports may see a 7-8% drop in March due to the West Asia conflict. Full fiscal year 2026 exports could be 2-3% lower. Howeve...
Exporters' body FIEO sees 2-3 pc fall in goods exports during 2025-26Indian merchandise exports are projected to decline by 2-3% in 2025-26. Global economic uncertainties, amplified by the West Asia crisis, a...
Companies seek refund after HC reaffirms Advance Authorisation benefitThe government had filed a review petition on an earlier order to extend the benefit of Advance Authorisation Licences from July 1, 2017 ti...
How to apply for duty-free imports under the Advance Authorisation SchemeThe Advance Authorisation or Advance Licence scheme is one of the many export promotion schemes offered by the government. Under this schem...
RodTEP may be extended to special economic zones and export oriented unitsSEZs and EoU units have been excluded from the benefits under the Remission of Duties and Taxes on Exported Products scheme, notified last ...
Companies seek clarity on imported capital goods’ depreciationMany companies have reached out to the government for clarity on whether depreciation can be availed on imported capital equipment for manu...
Companies told to pay GST on license fee for government schemesCompanies have to take licenses to avail the benefits to government schemes such as advance authorisation and export promotion for capital ...
Govt allows Remdesivir exports under licence“The export of injection Remdesivir and its API… have been put under Restricted category with immediate effect. The export of Remdesivir In...
Gujarat High Court reprieve for exporters on GST exemptionsDRI had begun issuing notices to exporters in the last few months, raising questions around benefits claimed under the GST framework for ad...
Gujarat High Court allows exporters tax exemption on imported materialThe court struck down the ‘preimport’ condition on Monday, said Abhishek A Rastogi, a partner at Khaitan & Co., who represented the exporte...
High Court asks Gujarat government to file response to plea against GST clauseNoting that the government had not filed a reply until now, the court said it would otherwise summon the secretaries concerned to the court...
Exporters move High Court after govt denies tax creditExporters who could not meet targets are now unable to get credit on imported raw material.
High Court stays action against some exporters for wrongly availing GST benefitsGST law amendment had brought in pre-import condition that denies IGST benefits to imports which had happened after exports.
Finance ministry tighten grip over 3 exports schemesWhile the Foreign Trade Policy sets the guidelines for the payments, the revenue department fixes the rates and refunds the exporters.
- Legal hurdle sours sugar exports
A prominent Maharashtrabased sugar co-operative has filed a petition in the Bombay High Court challenging the constitutionality of the sche...