28th October, 2013
Indian Ministry of Commerce has prescribed a procedure for regularization of Export Obligation (EO) default cases under Advance authorization, DFIA and EPCG Schemes. As per the scheme, an applicant intending to regularize the case has to pay customs duty and interest not exceeding the customs duty portion and provide evidence of such payment to the Regional Authority (RA) w...
Indo- American Chamber of Commerce (IACC) will be organising a workshop on New Foreign Trade Policy & Export Procedures on 24 July, 2015 at ‘Hotel The Rain Tree’ in Chennai to guide exporters, importers, manufacturers and service providers.
Mr. R. Parthasarathy, Principal Partner and Country Head, Lakshmikumaran & Sridharan will address this workshop and answe...
In the Annual Supplement to India’s five year Foreign Trade Policy 2009-14, for facilitating and regulating exports and imports, many functional schemes have been relaxed to provide for more concessions to the exporters and importers. Certain important changes are:
3% Export Promotion Capital Goods (EPCG) scheme has been merged with zero duty EPCG scheme. Import of motor cars, SUVs, etc. by h...
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