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Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
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The Directorate General of Foreign Trade, u/s 1.03 of Foreign Trade Policy, 2023, amended SION E-125 for Shea Stearine export. The amendment increased the import entitlement for Shea Nuts based on oil content variations. Customs must test oil content for each consignment, with Regional Authority redeeming authorizations based on weighted average. Clearance not to be delayed for test results. The revised SION is valid until 31.03.2027, subject to industry pricing changes. This update enhances the export norms for Shea Stearine.
The Directorate General of Foreign Trade, u/s 1.03 of Foreign Trade Policy, 2023, amended SION E-125 for Shea Stearine export. The amendment increased the import entitlement for Shea Nuts based on oil content variations. Customs must test oil content for each consignment, with Regional Authority redeeming authorizations based on weighted average. Clearance not to be delayed for test results. The revised SION is valid until 31.03.2027, subject to industry pricing changes. This update enhances the export norms for Shea Stearine.
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