Purposive interpretation of residential house exemption: unregistered purchase agreement alone does not defeat relief, but investment must be verified...
The DGFT enlists 14 agencies as Pre-Shipment Inspection Agencies in Appendix-2G under para 2.52(c) of the HBP, 2023, and recognises them for online issuance of Pre-Shipment Inspection Certificates through the DGFT portal with effect from publication. It also permits two existing PSIAs to add approved instruments to their existing authorisations. The enlisted and updated agencies must maintain valid calibration certificates, a valid bank guarantee, correct instrument-to-area mapping where required, a registered office and operative bank account in India, and compliance with the FTP, HBP and DGFT guidelines.
The DGFT enlists 14 agencies as Pre-Shipment Inspection Agencies in Appendix-2G under para 2.52(c) of the HBP, 2023, and recognises them for online issuance of Pre-Shipment Inspection Certificates through the DGFT portal with effect from publication. It also permits two existing PSIAs to add approved instruments to their existing authorisations. The enlisted and updated agencies must maintain valid calibration certificates, a valid bank guarantee, correct instrument-to-area mapping where required, a registered office and operative bank account in India, and compliance with the FTP, HBP and DGFT guidelines.
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