Foreign portfolio investment liberalisation extends listed equity access to all individual persons resident outside India, subject to limit monitoring...
Unsubstantiated exempt agricultural income claim sustains concealment penalty after disclosure only on departmental detection and no bona fide evidenc...
Page of 4809
Press 'Enter' after typing page number.
2241 to 2260 of 96177 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The Policy Circular No. 02/2024 issued by the Directorate General of Foreign Trade provides clarification on the applicability of payment requirements for non-achievement of minimum Value Addition as per Para 4.49 (b) and 10% of CIF value as per Para 4.49 (a) (ii) of HBP 2023. It states that Advance Authorizations issued before 01.04.2023 are governed by the provisions of the relevant Handbook of Procedure (HBP) under which they were issued, excluding clubbing and extension provisions. The payment provisions specified in Para 4.49(a) (ii) and 4.49(b) apply only to authorizations issued on or after 01.04.2023. The clarification does not allow for a refund of already paid fees.
The Policy Circular No. 02/2024 issued by the Directorate General of Foreign Trade provides clarification on the applicability of payment requirements for non-achievement of minimum Value Addition as per Para 4.49 (b) and 10% of CIF value as per Para 4.49 (a) (ii) of HBP 2023. It states that Advance Authorizations issued before 01.04.2023 are governed by the provisions of the relevant Handbook of Procedure (HBP) under which they were issued, excluding clubbing and extension provisions. The payment provisions specified in Para 4.49(a) (ii) and 4.49(b) apply only to authorizations issued on or after 01.04.2023. The clarification does not allow for a refund of already paid fees.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4809 
Join Channel 
