Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
Risk-based postal import clearance standardises electronic assessment, document requests, duty realisation and delivery controls at Foreign Post Offic...
Customs Cargo Service Provider appointment extends custodianship to additional terminal land, subject to cargo-control, security and licence condition...
Para 4.49 (b) of Handbook of Procedures, 2023 amended. If Export Obligation fulfilled in quantity but shortfall in value, no penalty if minimum Value Addition achieved. If Value Addition below prescribed minimum, Authorisation holder to deposit 1% of FOB value shortfall online through DGFT website, reduced from earlier 3%. Composition fee reduced for ease of doing business and reducing compliances.
Para 4.49 (b) of Handbook of Procedures, 2023 amended. If Export Obligation fulfilled in quantity but shortfall in value, no penalty if minimum Value Addition achieved. If Value Addition below prescribed minimum, Authorisation holder to deposit 1% of FOB value shortfall online through DGFT website, reduced from earlier 3%. Composition fee reduced for ease of doing business and reducing compliances.
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