Exemption to exporters having IEC Code issued by DGFT from the purview of stock holding limits under the Essential Commodities Act, 1955 with respect to edible oilseeds, edible oils and rice

Exemption to exporters having IEC Code issued by DGFT from the purview of stock holding limits under the Essential Commodities Act, 1955 with respect to edible oilseeds, edible oils and rice https://www.taxtmi.com/news?id=12003 Exporters with IEC registration may exclude stocks of edible oils, edible oilseeds and rice that are demonstrated to be intended for export from the calculation of statutory stockholding limits. Wholesalers, retailers or dealers with IEC must show that whole or part of their stocks are export bound; those demonstrated export stocks shall be excluded from the base for computing stock limits, subject to verification. en-us Fri, 29 Nov 2013 12:12:54 +0530 Fri, 29 Nov 2013 12:12:54 +0530 TaxTMI RSS Generator Exemption to exporters having IEC Code issued by DGFT from the purview of stock holding limits under the Essential Commodities Act, 1955 with respect to edible oilseeds, edible oils and rice https://www.taxtmi.com/news?id=12003 Exporters with IEC registration may exclude stocks of edible oils, edible oilseeds and rice that are demonstrated to be intended for export from the calculation of statutory stockholding limits. Wholesalers, retailers or dealers with IEC must show that whole or part of their stocks are export bound; those demonstrated export stocks shall be excluded from the base for computing stock limits, subject to verification. News - Fri, 29 Nov 2013 12:12:54 +0530 https://www.taxtmi.com/news?id=12003