Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
An amendment to FTP-2023 revises eligibility and duty relief for Diamond Imprest Authorisations: exporters with Two Star Export House status (minimum US$15 million in cut & polished diamond exports each year for the past three years and filed GST/ITR) remain eligible to import natural cut & polished diamonds up to 5% of the three-year average, capped at US$15 million; a chartered accountant certificate may temporarily substitute for an unfinalized ITR provided the ITR is filed by 31 December of the application year; imports retain exemptions from various customs and safeguard duties but are no longer exempt from integrated tax and compensation cess.
An amendment to FTP-2023 revises eligibility and duty relief for Diamond Imprest Authorisations: exporters with Two Star Export House status (minimum US$15 million in cut & polished diamond exports each year for the past three years and filed GST/ITR) remain eligible to import natural cut & polished diamonds up to 5% of the three-year average, capped at US$15 million; a chartered accountant certificate may temporarily substitute for an unfinalized ITR provided the ITR is filed by 31 December of the application year; imports retain exemptions from various customs and safeguard duties but are no longer exempt from integrated tax and compensation cess.
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