Joint development agreements defer taxable transfer where possession lacks part performance, while completed flats determine consideration and exempti...
Passenger baggage re-export requires true declaration and cannot be granted indirectly through discretionary redemption of undeclared prohibited goods...
The Director General of Foreign Trade, u/s 1.03 & 2.04 of Foreign Trade Policy, 2023, amended Para 4.59 of Handbook of Procedures, 2023. Wastage percentages for various jewellery items were revised. Additionally, Standard Input Output Norms (SION) M-1 to M-7 were modified for export items like plain jewellery, studded jewellery, mountings, and findings. The amendment impacts the permissible wastage and norms for jewellery exports. This amendment aims to regulate and streamline the export process for jewellery items.
The Director General of Foreign Trade, u/s 1.03 & 2.04 of Foreign Trade Policy, 2023, amended Para 4.59 of Handbook of Procedures, 2023. Wastage percentages for various jewellery items were revised. Additionally, Standard Input Output Norms (SION) M-1 to M-7 were modified for export items like plain jewellery, studded jewellery, mountings, and findings. The amendment impacts the permissible wastage and norms for jewellery exports. This amendment aims to regulate and streamline the export process for jewellery items.
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