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Khaitan & Co
The Remission of Duties and Taxes on Export Products Scheme("RoDTEP") is a new scheme that is formed to replace the Merchandise Exports from India Scheme (MEIS).
Kochhar & Co.
The World Trade Organization has always been of the view that Indian export subsidy schemes like Merchandise Exports from India Scheme, Export Oriented Units, Service Export Incentive Schemes are principally in violation to the Subsidies and Countervailing Measures Agreement...
Khaitan & Co
The Foreign Trade Policy (FTP) is traditionally laid out for a period of five years.
Kochhar & Co.
India has been using fiscal incentives for promotion of sectoral growth for more than 50 years.
Ashok Dhingra Associates
In this outing we are discussing about amendment or correction of documents under the Customs Act, 1962 which is big bone of contention between the customs and the importer exporter community.
The Government has been issuing numerous advisories, notifications and relaxations to enable companies to face the hardships caused by the spread of COVID-19 and equip them to better handle...
Economic Laws Practice
The two T's of cross border i.e. tension and trade, are best addressed with a clear policy. The good news is that Union Budget 2021 sets out India's tariff policy for cross border trade in clear and unambiguous terms.
MZM Legal
On 15th November, the Regional Comprehensive Economic Partnership was finalized after a delay of almost a decade.
Singh & Associates
Revision of export policy for the following, subject to specified conditions
Singh & Associates
Rate of basic custom duty increased from Nil to 5% on import of specified parts for manufacture of Open Cell for LED/LCD TV Panels.
Singh & Associates
The Directorate General of Foreign Trade (DGFT) has invited suggestions/inputs from various stakeholders for the new Foreign Trade Policy.
Ikigai Law
The trade of dual-use (civil and military) goods, services and technologies (SCOMET items) are closely scrutinized to ensure that they do not fall into the wrong hands.
Singh & Associates
The Ministry of Commerce & Industry on 1st September, 2020 has capped benefit under the Merchant Export from India Scheme (‘MEIS') at Rs. 2 Crore per exporter for the period 1st September 2020
Singh & Associates
Rate of Duty revised on import of Phthalic Anhydride originating from Korea RP under the India-Korea Comprehensive Economic Partnership Agreement.
Singh & Associates
Revision of import policy, subject to specified conditions.
Singh & Associates
Exemption from Duty on Paper Based Taggant, including M-feature. [Notification No. 33/2020-Cus dated September 7, 2020]
Singh & Associates
Exemption from payment of Duty on import of goods against Duty Credit Scrip under Rebate of State and Central Taxes and Levies Scheme (RoSCTL Scheme) extended to March 31, 2021 or until RoSCTL Scheme is merged with the RoDTEP Scheme.
Singh & Associates
a. MEIS scheme to be discontinued on exports made w.e.f. January 01, 2021. Further claim un¬der MEIS on exports of goods made during September 1 to December 31, 2020
Kochhar & Co.
The balance of trade continues to be heavily tilted in favour of China. Remedies such as anti-dumping and countervailing duties have been used frequently to curtail the import of Chinese goods.
AKS Partners
In the evolution from protectionism to liberalisation, while member states of WTO have generally agreed to liberalise their respective trade barriers, States do possess some leeway when it comes to the ‘essential security' exceptions.
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