Provisional attachment under Prevention of Money Laundering Act requires exhaustion of statutory remedies; impugned order set aside, appeal to tribuna...
Restoration of property under Prevention of Money Laundering Act after attachment dispute rendered academic; possession directed to successful resolut...
Goods Transport Agency services via e commerce portals: consignment note creates custody and liability and enables exemption for unregistered recipien...
Reverse charge and assignment of royalty collection: exemption for excess royalty collectors subject to reconciliation; leaseholders remain liable und...
FTP 2023 Para 4.43 is amended to grant a one-time relaxation for exporters of cut and polished diamonds eligible for zero-duty re-import. Where the re-import period expires on or between 1 March 2026 and 31 May 2026, that period is automatically extended by 30 days from the date of expiry. The underlying facility remains available to specified exporters and authorised Indian offices or agencies of laboratories, subject to the existing conditions in the policy and procedural guidelines. The amendment is issued to mitigate hardship caused by logistical bottlenecks and transit delays linked to regional instability.
FTP 2023 Para 4.43 is amended to grant a one-time relaxation for exporters of cut and polished diamonds eligible for zero-duty re-import. Where the re-import period expires on or between 1 March 2026 and 31 May 2026, that period is automatically extended by 30 days from the date of expiry. The underlying facility remains available to specified exporters and authorised Indian offices or agencies of laboratories, subject to the existing conditions in the policy and procedural guidelines. The amendment is issued to mitigate hardship caused by logistical bottlenecks and transit delays linked to regional instability.
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