Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
The DGFT amended import policy conditions for vintage cars under Chapter 87 of ITC (HS) 2022, Schedule-I. The revised policy aligns vintage vehicle classification with Central Motor Vehicles Rules, 1989. Cars classified as 'vintage motor vehicles' under Rule 81A are now free for import by Actual Users, exempt from Policy Conditions 1(I) and 1(II). While these vehicles must comply with Motor Vehicles Act 1988 for public road use, they must additionally meet conditions under Chapter IIIA of Central Motor Vehicles Rules 1989. This amendment, approved by the Minister of Commerce & Industry, supersedes the previous condition that only allowed free import of pre-1950 manufactured cars.
The DGFT amended import policy conditions for vintage cars under Chapter 87 of ITC (HS) 2022, Schedule-I. The revised policy aligns vintage vehicle classification with Central Motor Vehicles Rules, 1989. Cars classified as 'vintage motor vehicles' under Rule 81A are now free for import by Actual Users, exempt from Policy Conditions 1(I) and 1(II). While these vehicles must comply with Motor Vehicles Act 1988 for public road use, they must additionally meet conditions under Chapter IIIA of Central Motor Vehicles Rules 1989. This amendment, approved by the Minister of Commerce & Industry, supersedes the previous condition that only allowed free import of pre-1950 manufactured cars.
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