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>Circular Highlights Misuse of Target Plus Scheme: Imported Goods Must Be Directly Linked to Exports per Foreign Trade Policy.</h1> The circular addresses the misuse of the Target Plus Scheme (TPS), highlighting instances where imported goods under TPS lacked a 'broad nexus' with exported products and were sold locally, violating TPS provisions. According to the Foreign Trade Policy, TPS benefits should only be used for importing inputs or goods with a direct connection to export products. The Board emphasizes that imports under TPS must be scrutinized to ensure compliance with these guidelines. It also clarifies that any imported items must serve as inputs for the exported products and be used by the exporter or supporting manufacturers.
TaxTMI 
TaxTMI 
