Denial of Preferential Treatment under SAFTA overturned where unchallenged Country of Origin certificate warranted exemption under Notification benefi...
Continuing offence of money-laundering: discharge set aside and proceedings reinstated where laundering continued after inclusion of predicate offence...
These Regulations (superseding the 2015 rules) require exporters to file an Export Declaration Form (EDF) with the specified authority and, for non-EDI cases, transmit authenticated EDFs to the Authorised Dealer (AD), thereby formalising export declarations and linkage to ADs; they prescribe realisation periods-generally 15 months (18 months if invoiced/settled in INR) and contract-specific terms for project exports-thereby fixing time limits for repatriation; empower ADs to verify genuineness before credit/debit and to close or update EDPMS/IDPMS entries, thereby imposing AD monitoring and reporting duties; permit ADs to allow reduction in export realisation, set-off of export receivables against import payables, third-party receipts/payments, and controlled advance remittances (with restrictions for gold/silver), thereby regulating adjustments and advance flows; impose reporting timelines for EDPMS/IDPMS and require ADs to maintain internal policies/SOPs, thereby mandating compliance, monitoring and customer grievance/appeal mechanisms.
These Regulations (superseding the 2015 rules) require exporters to file an Export Declaration Form (EDF) with the specified authority and, for non-EDI cases, transmit authenticated EDFs to the Authorised Dealer (AD), thereby formalising export declarations and linkage to ADs; they prescribe realisation periods-generally 15 months (18 months if invoiced/settled in INR) and contract-specific terms for project exports-thereby fixing time limits for repatriation; empower ADs to verify genuineness before credit/debit and to close or update EDPMS/IDPMS entries, thereby imposing AD monitoring and reporting duties; permit ADs to allow reduction in export realisation, set-off of export receivables against import payables, third-party receipts/payments, and controlled advance remittances (with restrictions for gold/silver), thereby regulating adjustments and advance flows; impose reporting timelines for EDPMS/IDPMS and require ADs to maintain internal policies/SOPs, thereby mandating compliance, monitoring and customer grievance/appeal mechanisms.
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