Author Archives: neeraj prasad

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Scheme of budgetary support under Goods and Service Tax Regime to the units located in States of Jammu & Kashmir, Uttarakhand, Himachal Pradesh and North East including Sikkim.

Government of India (MINISTRY OF COMMERCE & INDUSTRY; DEPARTMENT OF INDUSTRIAL POLICY & PROMOTION through notification dated 05/10/2017 issued from   F. No. 10(1)/2017-DBA-II/NER  has formalised the scheme for budgetary support under Goods and Service Tax Regime to the units located … Continue reading

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National Anti-profiteering Authority (NAA) UNDER GST IN INDIA

Union Cabinet of Government of India  has  approved creation of posts of Chairman and Technical Members of National Anti-profiteering Authority (NAA), thus paving way for its immediate establishment; NAA comprising of a Standing Committee, Screening Committees in every State and Directorate … Continue reading

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Smart meters & Advanced Metering Infrastructure Solutions (AMI)

    Energy Efficiency Services Limited (EESL) has achieved a further price reduction in the procurement of 50 lakh smart meters, basis a reverse auction of the tender conducted last week. ITI Limited has emerged as the lowest bidder (L1 … Continue reading

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SANITARY AND PHYTO-SANITARY COMPLIANCE REQUIREMENTS FOR INDIAN EXPORTERS

DGFT of Government of India has issued on Trade Notice No. 18/2018, Dated, 23/10/2017 On the issue of: – Non-Compliance of Sanitary and Phyto-Sanitary measures by India Exporters/Importers-reg. In this circular it has been essentially states as follows: Attention of … Continue reading

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VALIDITY OF EXPORT RELATED DUTY SCRIPS

DGFT through public Notice No. 33 / 2015-2020, dt. 23/10/2017 has clarified on the validity of duty credit scrip as follows: In exercise of powers conferred under Paragraph 2.04 of FTP 2015-2020, the Director General of Foreign Trade hereby makes … Continue reading

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NOTIFIED /DESIGNATED PORTS OF INDIA FOR IMPORTS OF NEW VEHICLES

Krishnapatnam port in Andhra Pradesh has been notified as a designate port for import of new vehicles by notification no 36/2015-2020 dt. 20/10/2017. The notification states as follows: O.(E) In exercise of powers conferred by Section 3 of FT (D&R) … Continue reading

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Procedure for export of spices to the European Union countries

Procedure for export of spices to the European Union countries has been prescribed by DGFT vide Notification No. 32/2015-20, dt: 04/10/2017 which essentially states as follows: O. (E) In exercise of the powers conferred by Section 3 of the Foreign … Continue reading

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