Commission expenditure linked to pharmaceutical marketing income qualifies as business deduction when recipient identity, genuineness and business pur...
Country of Origin Certificates and declared transaction value supported preferential customs exemption where authenticity and invoice prices remained ...
Trade Notice amends the EPM-Niryat Disha guidelines by replacing the certification list with Annexure-I, expanding the eligible testing, inspection and certification entries. Financial assistance is now differentiated by MSME class: micro and small enterprises may receive up to 95% of actual cost, while medium enterprises may receive up to 80%, subject to the notified ceiling; the maximum cumulative reimbursement rises to 50 lakh per IEC, with higher support subject to Sub-Committee review. Support is now disbursed in two instalments, and reimbursement claims are split into RC-1 and RC-2, with export evidence required before the second claim. Failure to act within the prescribed timelines causes lapse and possible recovery.
Trade Notice amends the EPM-Niryat Disha guidelines by replacing the certification list with Annexure-I, expanding the eligible testing, inspection and certification entries. Financial assistance is now differentiated by MSME class: micro and small enterprises may receive up to 95% of actual cost, while medium enterprises may receive up to 80%, subject to the notified ceiling; the maximum cumulative reimbursement rises to 50 lakh per IEC, with higher support subject to Sub-Committee review. Support is now disbursed in two instalments, and reimbursement claims are split into RC-1 and RC-2, with export evidence required before the second claim. Failure to act within the prescribed timelines causes lapse and possible recovery.
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