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...
Public Notice No. 32/2025-26, issued under the Foreign Trade Policy 2023, amends Para 2.08 of the Handbook of Procedures with immediate effect. Application form ANF-1A is deleted, and its contents are merged into a revised ANF-2A, attached as Annexure I. Para 2.08(c) now provides that details in Importer Exporter Code (IEC) applications will be validated electronically through integration with records of relevant authorities, and applicants must upload specified documents unless exempted by the system. Para 2.08(d) is revised to state that guidelines for post-verification of online IECs will be issued periodically by the Directorate General of Foreign Trade.
Public Notice No. 32/2025-26, issued under the Foreign Trade Policy 2023, amends Para 2.08 of the Handbook of Procedures with immediate effect. Application form ANF-1A is deleted, and its contents are merged into a revised ANF-2A, attached as Annexure I. Para 2.08(c) now provides that details in Importer Exporter Code (IEC) applications will be validated electronically through integration with records of relevant authorities, and applicants must upload specified documents unless exempted by the system. Para 2.08(d) is revised to state that guidelines for post-verification of online IECs will be issued periodically by the Directorate General of Foreign Trade.
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