Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
The Government of India, Ministry of Commerce & Industry, Department of Commerce, Directorate General of Foreign Trade, issued Public Notice No. 08/2024-25 on 03.06.2024, amending Appendix 6B of FTP/HBP, 2023 u/s 1.03 and 2.04 of the Foreign Trade Policy, 2023. The amendment specifies that for spices covered by Chapter 9 of the ITC(HS) Code, a minimum value addition of 25% is required when both export and import items are under Chapter 9. In all other cases, the value addition required is 15%. This change aligns with Chapter 4 of the FTP/HBP, ensuring consistency in value addition requirements for spices.
The Government of India, Ministry of Commerce & Industry, Department of Commerce, Directorate General of Foreign Trade, issued Public Notice No. 08/2024-25 on 03.06.2024, amending Appendix 6B of FTP/HBP, 2023 u/s 1.03 and 2.04 of the Foreign Trade Policy, 2023. The amendment specifies that for spices covered by Chapter 9 of the ITC(HS) Code, a minimum value addition of 25% is required when both export and import items are under Chapter 9. In all other cases, the value addition required is 15%. This change aligns with Chapter 4 of the FTP/HBP, ensuring consistency in value addition requirements for spices.
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