Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
The DGFT issued Public Notice No. 02/2025-26 amending Appendix 2K of the Foreign Trade Policy 2023, introducing a registration fee of INR 500 for Import Monitoring Systems (SIMS/CIMS/NFMIMS/PIMS). The amendment provides a standardized fee structure for various import and export-related services, including application fees for licenses, authorizations, and certifications. The changes include online payment mechanisms, specific refund conditions, and detailed procedures for fee management, effective immediately across all DGFT jurisdictional authorities.
The DGFT issued Public Notice No. 02/2025-26 amending Appendix 2K of the Foreign Trade Policy 2023, introducing a registration fee of INR 500 for Import Monitoring Systems (SIMS/CIMS/NFMIMS/PIMS). The amendment provides a standardized fee structure for various import and export-related services, including application fees for licenses, authorizations, and certifications. The changes include online payment mechanisms, specific refund conditions, and detailed procedures for fee management, effective immediately across all DGFT jurisdictional authorities.
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