Compliance plays a big part in helping Indian MSMEs grow exports
While challenges persist, the compliance levels of Indian MSMEs in terms of export have been gradually improving, say experts.
Source: indiatimes.com
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RBI notifies banks on interest equalisation scheme for rupee export credit
The Reserve Bank of India (RBI) on Thursday issued a notification to all the banks, stating that the government has allowed the extension of the Interest Equalisation Scheme for Pre and Post Shipment Rupee Export Credit (Scheme) up to June 30, ...
Source: prokerala.com
Areca nuts worth over Rs 5 cr seized at Mundra port
According to DRI, the perpetrators not only manipulated cargo descriptions but also provided false information about the non-existent importer's premises in the Importer Exporter Code (IEC) records. Further investigation is underway.
Source: indianexpress.com
Exporters Not Traceable, Customs Broker Can't Be Held Liable After Issuance Of 'Let Export Orders': Delhi High Court
The Delhi High Court has held that as a customs broker, the petitioner cannot be held liable because exporters were not traceable after the issuance of 'Let Export Orders' and the export of the goods...
Source: livelaw.in
Tax Cases Weekly Round-Up: 05 November To 11 November, 2023
Delhi High Court CENVAT Credit Refund Can’t Be Denied In Absence Of Self-Assessed Return Having Been Questioned, Reviewed Or Re-Assessed: Delhi High Court Case Title: BT (India) Private...
Source: livelaw.in