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The government may levy GST on Statutory fees paid for Advance & EPCG Licenses. It is learned that the Indirect Tax Department had already started questioning companies and issuing notices to pay the GST. Some …

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The Remission of Duties and Taxes on Exported Products (“RoDTEP”) scheme was announced by Government of India to allow reimbursement of taxes and duties, which are not exempted/refunded under any other scheme. This was in …

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The government had decided regarding the partial resolution of the long-pending issue of incentives under the Merchandise Exports from India Scheme (MEIS) issue as far as exports for the duration from 1.9.2020 to 31.12.2020 are …

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DGFT Possible shortage of funds with the Government due to Covid 19 has started showing up in the case of Exports too. Since July 23. 2020, Exporters are unable to file their applications to claim …

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Extension of Application Filing’s Last Date and Validity of Scrips The Directorate General of Foreign Trade (DGFT) has provided relief for exporters for claiming export based incentives in the midst of ongoing COVID-19 issue. DGFT …

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After GST rollout on 1st July 2017, one of the key factors which impacted exports mostly was a reduction in the usability of duty credit scrips such as: Merchandise Export from India Scheme (MEIS) and …

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After keeping the exporters and importers in uncertainty for the past week,  DGFT has announced the extension of Foreign Trade Policy for 1 more year, just before the close of the licensing year. Most of …

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The Government of India, since 01.04.2015, has been providing an incentive of 2-20% of the export value to the exporters through the scheme of MEIS. MEIS in the form of Duty Credit Scrips was being …

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EPCG authorisations have been taken in the past by several manufacturers and service providers to save on import duty, with an Export Obligation to be fulfilled over a period of time. However several manufacturers have …

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Govt’s initiative to boost Indian Agriculture overseas introduced Transport and Marketing Assistance Scheme for specified agricultural products On 27.02.2019 Govt of India notified a Scheme for “Transport and Marketing Assistance” (TMA) for some specified Agriculture products which …

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