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...
RBI issued Foreign Exchange Management (Export of Goods & Services) (Amendment) Regulations, 2025 under Section 7 and Section 47(2)(b) of FEMA, 1999. The amendment inserts new sub-regulation (ca) in regulation 4 of the Principal Regulations, 2015, permitting export of tugs, tug boats, dredgers and vessels used for offshore support services, subject to mandatory re-import into India. The notification was signed by Chief General Manager and comes into force upon publication in Official Gazette. This regulatory amendment expands permissible export categories under FEMA framework while ensuring asset repatriation through re-import condition for specified maritime equipment and vessels.
RBI issued Foreign Exchange Management (Export of Goods & Services) (Amendment) Regulations, 2025 under Section 7 and Section 47(2)(b) of FEMA, 1999. The amendment inserts new sub-regulation (ca) in regulation 4 of the Principal Regulations, 2015, permitting export of tugs, tug boats, dredgers and vessels used for offshore support services, subject to mandatory re-import into India. The notification was signed by Chief General Manager and comes into force upon publication in Official Gazette. This regulatory amendment expands permissible export categories under FEMA framework while ensuring asset repatriation through re-import condition for specified maritime equipment and vessels.
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