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India exempts polyester fibres imported under Advance Authorization Scheme from Quality Control Order, boosting man-made fibre textile exports

RoDTEP seeks to neutralise the cost impact of duties and taxes in the supply chain, not otherwise offset through duty drawbacks, tax credits/refunds, or similar mechanisms. By Krishna Barad, Abhishek SinghaniaRemissions of Duties and Taxes on Exported Products Scheme (RoDTEP) has been a much-awaited scheme notified by the Government of India after phasing out the

The Office of the Principal Commissioner of Customs, Ahmedabad, has passed an order levying a total fine and penalty of Rs 30 crore on Hindalco Industries."Penalty imposed in relation to pre-import condition, which was applicable for a limited ...

India's Interim Budget 2024 is expected to focus on improving the quality of trade facilitative environment, fostering domestic manufacturing, and expanding the greater value chain (GVC). The country has made significant progress in streamlining cargo clearance processes, but the actual performance has fallen short of average release time targets, experts say.

The Central Government, acting on the recommendation of the Director General of Trade Remedies (“Designated Authority”) in its Final Findings dated 5th May, 2023[1], had imposed Anti-dumping duty on...