Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
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The notification introduces amendments to Para 10.08 of Chapter 10 of FTP 2023, outlining two significant provisions: (1) General Authorization for Export of Telecommunication-related items (GAET): This provision covers items falling under SCOMET Category 8A5 Part I, excluding Software & Technology and items referenced in Para 10.15(I) of the HBP 2023. The export of these items will be governed by the procedure specified in Para 10.15(I) of the Handbook of Procedures (HBP) 2023. (2) General Authorization for Export of Information Security items (GAEIS): This provision applies to Information Security items falling under SCOMET Category 8A5 Part 2, excluding Technology. The export of these items will be regulated by the procedure specified in Para 10.15(II) of the HBP 2023. - The notification states that these amendments grant one-time bulk licenses for the export of Telecommunication-related items and Information Security items under SCOMET Category 8A5.
The notification introduces amendments to Para 10.08 of Chapter 10 of FTP 2023, outlining two significant provisions: (1) General Authorization for Export of Telecommunication-related items (GAET): This provision covers items falling under SCOMET Category 8A5 Part I, excluding Software & Technology and items referenced in Para 10.15(I) of the HBP 2023. The export of these items will be governed by the procedure specified in Para 10.15(I) of the Handbook of Procedures (HBP) 2023. (2) General Authorization for Export of Information Security items (GAEIS): This provision applies to Information Security items falling under SCOMET Category 8A5 Part 2, excluding Technology. The export of these items will be regulated by the procedure specified in Para 10.15(II) of the HBP 2023. - The notification states that these amendments grant one-time bulk licenses for the export of Telecommunication-related items and Information Security items under SCOMET Category 8A5.
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