Classification of imported goods as electronic cigarette versus tobacco product reversed for lack of proof; order set aside for jurisdictional overrea...
Reversal of input tax credit in proportion to exempt supply: specificity of show-cause notice required; order set aside, fresh proceedings allowed wit...
Launch of a pilot credit assistance intervention to expand working-capital access for MSMEs engaged in cross-border e commerce by providing credit guarantee cover and interest subvention for Cash Credit, Overdraft and other working-capital facilities. Implementation parameters define eligible MSME criteria (IEC, Udyam, minimum trading/exports experience, inventory conditions), instrument-specific eligibility, due-diligence and sanction by MLIs, and claim invocation on NPA (claim window 90-360 days). Two sub-interventions set differential guarantee coverage and fees with prescribed annual subvention ceilings and operational procedures, implemented via designated implementing agencies and governed by a Sub-Committee and specified trust arrangements; excluded exports and sanction-country transactions are barred.
Launch of a pilot credit assistance intervention to expand working-capital access for MSMEs engaged in cross-border e commerce by providing credit guarantee cover and interest subvention for Cash Credit, Overdraft and other working-capital facilities. Implementation parameters define eligible MSME criteria (IEC, Udyam, minimum trading/exports experience, inventory conditions), instrument-specific eligibility, due-diligence and sanction by MLIs, and claim invocation on NPA (claim window 90-360 days). Two sub-interventions set differential guarantee coverage and fees with prescribed annual subvention ceilings and operational procedures, implemented via designated implementing agencies and governed by a Sub-Committee and specified trust arrangements; excluded exports and sanction-country transactions are barred.
Note: It is a system-generated summary and is for quick reference only.