Directorate General of Foreign Trade (DGFT) simplifies Composition Fee for Export Obligation Extension under Advance Authorization Scheme https://www.taxtmi.com/news?id=26105 DGFT revises Para 4.42 to replace a complex formula with a band based Composition Fee tied to CIF value for Export Obligation extensions under the Advance Authorization Scheme, enabling automated processing, reducing manual calculations and errors, and accelerating service delivery as part of trade facilitation and ease of doing business initiatives. en-us Wed, 18 Jan 2023 18:40:35 +0530 Wed, 18 Jan 2023 18:40:35 +0530 TaxTMI RSS Generator Directorate General of Foreign Trade (DGFT) simplifies Composition Fee for Export Obligation Extension under Advance Authorization Scheme https://www.taxtmi.com/news?id=26105 DGFT revises Para 4.42 to replace a complex formula with a band based Composition Fee tied to CIF value for Export Obligation extensions under the Advance Authorization Scheme, enabling automated processing, reducing manual calculations and errors, and accelerating service delivery as part of trade facilitation and ease of doing business initiatives. News - Wed, 18 Jan 2023 18:40:35 +0530 https://www.taxtmi.com/news?id=26105