Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
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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