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>India Extends Registration Deadline for Iron & Steel Importers with Pre-February 2016 ILCs; Fee Applicable for Policy Relaxation.</h1> The Government of India imposed Minimum Import Prices on 173 tariff lines under Chapter 72 (Iron & Steel) via Notification No. 38 on 5th February 2016. Importers who negotiated Irrevocable Letter of Credits (ILCs) before this date were required to register with Regional Authorities within 15 days. Some importers failed to meet this deadline. The Policy Relaxation Committee recommended allowing these importers to register their ILCs by 30th April 2016, citing genuine hardship. The Directorate General of Foreign Trade has thus relaxed the registration deadline, requiring a fee of Rs. 2000 for policy relaxation requests. Regional Authorities are instructed to take necessary action.
TaxTMI 
TaxTMI 
