Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
DGFT advises heightened vigilance when dealing with two identified Bhutanese firms following a complaint and the absence of substantive responses through diplomatic and administrative channels under the Foreign Trade Policy 2023. Export Promotion Councils, Regional Authorities, ECGC, authorised dealer banks and other stakeholders should conduct comprehensive due diligence, alert trade participants to the concerns, assess transaction risk before providing trade, credit, certification or facilitation support, and report adverse experiences, payment issues or contractual disputes. The advisory is precautionary and seeks to protect Indian exporters and trade stakeholders from potential risks.
DGFT advises heightened vigilance when dealing with two identified Bhutanese firms following a complaint and the absence of substantive responses through diplomatic and administrative channels under the Foreign Trade Policy 2023. Export Promotion Councils, Regional Authorities, ECGC, authorised dealer banks and other stakeholders should conduct comprehensive due diligence, alert trade participants to the concerns, assess transaction risk before providing trade, credit, certification or facilitation support, and report adverse experiences, payment issues or contractual disputes. The advisory is precautionary and seeks to protect Indian exporters and trade stakeholders from potential risks.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4794
Join Channel
TaxTMI 
