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...
Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
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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