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Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
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The Directorate General of Foreign Trade has authorized a regional chamber of commerce to issue non-preferential certificates of origin through an online trade portal, enabling exporters in the Union Territory to obtain this essential export document locally. This authorization positions the chamber among a select group nationwide empowered to issue such certificates digitally, as manual issuance will be discontinued from January 1, 2025. The chamber will process and verify applications submitted via the digital platform, eliminating the need for physical submissions. This development aims to streamline export documentation, enhance compliance with international trade norms, and support various local export sectors including handicrafts, horticulture, and processed foods.
The Directorate General of Foreign Trade has authorized a regional chamber of commerce to issue non-preferential certificates of origin through an online trade portal, enabling exporters in the Union Territory to obtain this essential export document locally. This authorization positions the chamber among a select group nationwide empowered to issue such certificates digitally, as manual issuance will be discontinued from January 1, 2025. The chamber will process and verify applications submitted via the digital platform, eliminating the need for physical submissions. This development aims to streamline export documentation, enhance compliance with international trade norms, and support various local export sectors including handicrafts, horticulture, and processed foods.
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