Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
The Instruction No. 10/2024-Customs issued by the Government of India clarifies the acceptance of Electronic Certificates of Origin (e-CoO) from Korea under the India-Korea Comprehensive Economic Partnership Agreement. The e-CoOs must adhere to specified requirements, including being issued in the prescribed format with a QR code. They are considered equivalent to manually issued certificates. Importers must upload e-CoOs on e-Sanchit for preferential benefits. A system in ICES verifies e-CoO details electronically, eliminating the need for physical defacement. Customs formations are instructed to implement this procedure. Advisory No. 31/2023 provides additional procedural guidance.
The Instruction No. 10/2024-Customs issued by the Government of India clarifies the acceptance of Electronic Certificates of Origin (e-CoO) from Korea under the India-Korea Comprehensive Economic Partnership Agreement. The e-CoOs must adhere to specified requirements, including being issued in the prescribed format with a QR code. They are considered equivalent to manually issued certificates. Importers must upload e-CoOs on e-Sanchit for preferential benefits. A system in ICES verifies e-CoO details electronically, eliminating the need for physical defacement. Customs formations are instructed to implement this procedure. Advisory No. 31/2023 provides additional procedural guidance.
Note: It is a system-generated summary and is for quick reference only.
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