TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Foreign Trade Policy Update: New Rules for Pre-Shipment Inspection Agencies on Metallic Scrap Imports, Fees, and Penalties.</h1> The public notice amends the Foreign Trade Policy regarding Pre-Shipment Inspection Agencies (PSIA) for importing metallic waste and scrap. It revises the recognition process, requiring applications in a specified format with fees of INR 7500 for Indian applicants and USD 200 for foreign applicants. Recognition certificates are valid for three years, subject to suspension or cancellation by the Directorate General of Foreign Trade (DGFT). A new section outlines the responsibilities and liabilities of PSIAs and importers, including penalties for mis-declarations. The notice also updates the format for the Pre-Shipment Inspection Certificate and extends existing agency recognition for six months.
TaxTMI 
TaxTMI 
