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 GoI, through DGFT, issued Notification No. 09/2025-26 amending Schedule-II (Export Policy), ITC (HS) 2022 in alignment with Finance Act, 2025. The amendment, executed under Foreign Trade (Development & Regulation) Act 1992, introduces modifications to ITC (HS) codes, including additions, deletions, amendments, splits, and mergers. Annexures I and II detail the specific changes in ITC codes and related section notes. The updated ITC (HS) will be accessible on DGFT's website, with the notification taking immediate effect to harmonize export policy regulations with recent fiscal legislation.
The GoI, through DGFT, issued Notification No. 09/2025-26 amending Schedule-II (Export Policy), ITC (HS) 2022 in alignment with Finance Act, 2025. The amendment, executed under Foreign Trade (Development & Regulation) Act 1992, introduces modifications to ITC (HS) codes, including additions, deletions, amendments, splits, and mergers. Annexures I and II detail the specific changes in ITC codes and related section notes. The updated ITC (HS) will be accessible on DGFT's website, with the notification taking immediate effect to harmonize export policy regulations with recent fiscal legislation.
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