Purposive interpretation of residential house exemption: unregistered purchase agreement alone does not defeat relief, but investment must be verified...
The Directorate General of Foreign Trade (DGFT) issued Trade Notice, highlighting amendments to the Interest Equalization Scheme (IES) in line with the extension announced by the Reserve Bank of India (RBI). The notice introduces a cap of Rs. 2.50 Cr per Importer-Exporter Code (IEC) until June 30, 2024, impacting exporters and importers alike.
The Directorate General of Foreign Trade (DGFT) issued Trade Notice, highlighting amendments to the Interest Equalization Scheme (IES) in line with the extension announced by the Reserve Bank of India (RBI). The notice introduces a cap of Rs. 2.50 Cr per Importer-Exporter Code (IEC) until June 30, 2024, impacting exporters and importers alike.
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