Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
The Directorate General of Foreign Trade, u/s 1.03 and 2.04 of the Foreign Trade Policy (FTP), 2023, has amended Appendix-2Y to exempt certain Ministries/Departments' notifications on mandatory Quality Control Orders (QCOs) for import of inputs by Advance Authorisation holders, EOU, and SEZ. The updated list includes Ministry of Steel, DPIIT, Ministry of Textiles, and now Ministry of Mines. This amendment, effective immediately u/r Notification No. 71/2023, facilitates import of goods for manufacturing export products. Signed by the Director General of Foreign Trade.
The Directorate General of Foreign Trade, u/s 1.03 and 2.04 of the Foreign Trade Policy (FTP), 2023, has amended Appendix-2Y to exempt certain Ministries/Departments' notifications on mandatory Quality Control Orders (QCOs) for import of inputs by Advance Authorisation holders, EOU, and SEZ. The updated list includes Ministry of Steel, DPIIT, Ministry of Textiles, and now Ministry of Mines. This amendment, effective immediately u/r Notification No. 71/2023, facilitates import of goods for manufacturing export products. Signed by the Director General of Foreign Trade.
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