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EXPORT DUTY LIABILITIES
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...- Trump’s tariff comeback? The White House finds a new route after court setbacksThe US is proposing to reintroduce country-specific tariffs on India and others, shifting from emergency powers to Section 301 of the Trade...
- High gold prices, import duty hike to drag jewellery demand: CrisilIndian organized gold jewellery retailers anticipate a 13-15% sales volume decline this fiscal due to high gold prices and import curbs. De...
- Tax vs Customs: Why MNCs face a growing valuation and compliance battleMNCs face rising conflict between tax and customs rules on related-party pricing, as India’s tighter digital scrutiny raises compliance ris...
- ‘Europe will become irrelevant for us’: JSW Steel doubles down on India growth with massive capex planJSW Steel plans to double its capacity with minimal external capital, driven by strong domestic demand and a focus on maintaining market sh...
- ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
- JPMorgan finds Reliance Industries share valuation comfortable but flags O2C as uncertain spotJPMorgan maintains an Overweight rating on Reliance Industries. The brokerage sees comfortable relative valuation for RIL. Near-term outloo...
- Extend benefits of tax schemes due to pandemic-led disruption, exporters ask governmentExporters claim they have not been able to meet export obligations due to the pandemic. They say the government should either allow them to...
- MOOWR– A new warehouse scheme can play a key part in India’s tradeThe revised scheme has caught the attention of many corporates in India and some large multinational companies are considering this option ...
- Exporters complain of delay in GST refunds despite government timeframeThe tax department had come out with a guideline to process these within a deadline and recently the authorities had said that the duty dra...
- In push for exporters, government claims will be cleared within shorter period nowThe government said that the duty drawback claims have to be processed within a timeframe. The time frame was reduced from 7 days to three ...
- SMEs move HC against cess on exempted exportersSome small and medium enterprises have dragged the government to court over levying cesses on firms exempted from customs duty even as the ...
- Companies under NCLT asked to inform about export liabilitiesThe total outstanding duty saved amount / dues along with interest, and any penalty imposed under Foreign Trade (Development and Regulation...
- Gold traders find another route to offset dutyAnother trade source said that exporters with in-house gold refineries were buying the discounted instruments.
- Budget 2013: Cut excise duty on inputs to 6%, says OPPIThe OPPI has pitched in for the rationalisation of central excise duty rate of inputs (Active Pharmaceutical Ingredients or API) from 12% t...
- MAT leaves SEZs with fewer benefits than outside areasThe imposition of MAT on SEZs could make them unattractive for exporters as incentives available outside will outweigh the tax benefits.
- Union Budget 2011: Exporters to do self-assessment of their duty liabilitiesThe finance minister also proposed to soon introduce a scheme for the refund of service tax on the lines of drawback of duties in a more si...
- Amended anti-dumping bond still not WTO-compliantIndia has decided to challenge the rulings of the panel which had inferred that the amended CBD was not inconsistent with the WTO anti-dump...
- Lip service to inflation, cos rejoiceFM hand holds cement, gems & jewellery, hospitality, ignores Left's demand on cash transaction tax.
- Shrimp row: India builds case against USIndia has built a strong case against the US for selectively applying its amended customs bond directive on shrimp exports from India and f...
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