Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
The proposed insertion of paragraph 2.57(c) of FTP 2023 would exempt export consignments with FOB value up to Rs. 10,000 from the requirement to hold a Registration-cum-Membership Certificate or Certificate of Registration when applying for FTP import/export authorisations, benefits or concessions. The exemption would not apply to items classified as restricted under ITC (HS). The proposal is intended to facilitate small-value exports, particularly through postal, courier and emerging channels, and stakeholders are invited to submit comments within 10 days of the Trade Notice.
The proposed insertion of paragraph 2.57(c) of FTP 2023 would exempt export consignments with FOB value up to Rs. 10,000 from the requirement to hold a Registration-cum-Membership Certificate or Certificate of Registration when applying for FTP import/export authorisations, benefits or concessions. The exemption would not apply to items classified as restricted under ITC (HS). The proposal is intended to facilitate small-value exports, particularly through postal, courier and emerging channels, and stakeholders are invited to submit comments within 10 days of the Trade Notice.
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