Condonation of delay permits statutory appeal restoration where inadequate service explanation prevented consideration of reassessment and taxable-inc...
Limitation in customs appeals permits exclusion for bona fide refund proceedings, enabling restoration of Bill of Entry assessment challenges on merit...
Warehousing permission requires deposit at the designated bonded warehouse; unauthorised diversion triggers confiscation, redemption fine and importer...
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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