https://www.taxtmi.com/circulars?id=66352 The and accompanying Customs notifications revise implementation of authorization and export promotion schemes: Special Advance Authorization permits specialised fabric imports on self declaration pending norms within 90 days; Self Ratification for Advance Authorization is extended to certain 2 Star manufacturers who secure AEO certification within 120 days or else face DGFT norm fixation; spices under Advance Authorisation require 25% minimum value addition; items with basic customs duty over 30% are excluded from self declaration imports; EPCG excludes project imports; bank guarantee exemptions are restricted for units with confirmed GST demands but extended to qualifying AEO units; EOUs lose tax benefits for captive renewable plants; conversion of DTA EPCG units to EOU requires export obligation fulfilment or duty payment. en-us Wed, 24 May 2023 00:00:00 +0530 Thu, 25 May 2023 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66352 The and accompanying Customs notifications revise implementation of authorization and export promotion schemes: Special Advance Authorization permits specialised fabric imports on self declaration pending norms within 90 days; Self Ratification for Advance Authorization is extended to certain 2 Star manufacturers who secure AEO certification within 120 days or else face DGFT norm fixation; spices under Advance Authorisation require 25% minimum value addition; items with basic customs duty over 30% are excluded from self declaration imports; EPCG excludes project imports; bank guarantee exemptions are restricted for units with confirmed GST demands but extended to qualifying AEO units; EOUs lose tax benefits for captive renewable plants; conversion of DTA EPCG units to EOU requires export obligation fulfilment or duty payment. Circulars Customs Wed, 24 May 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66352