Expert Knowledge,
Straight from Practitioners.
Tax tips, legal guides, and financial advice written by the same verified CAs, Advocates, and Advisors you can consult on ConsultEase.
Relaxations / Extensions of various Compliance Deadlines for Exporters: PIB
Relaxations / Extensions of various Compliance Deadlines for Exporters Department of Commerce has provided a number of Relaxations / Extensions of various Compliance Deadlines etc. to address Corona Pandemic Related Hardships of Exporters. In order to give relief to businesses and affected individuals amidst the
Customs Duty and Health Cess exempted under Notification 20/2020 Customs dt 09/04/2020 on Face Masks, PPE Kits, COVID-19 Testing Kits, etc.
Notification No. 20/2020– Customs G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with section 141 of Finance Act, 2020 (12 of 2020), the Central Government on being satisfied that it
Special Refund and Drawback Disposal Drive
Special Refund and Drawback Disposal Drive :Instruction No. 03/2020-Customs To, All Principal Chief Commissioner/Chief Commissioner of Customs/Customs (Preventive) All Principal Chief Commissioner/Chief Commissioner of Customs & Central Tax All Principal Commissioner/ Commissioner of Customs & Customs (Preventive) All Principal Commissioner/ Commissioner of Customs & Central
Foreign trade policy 2015-20 extended to 31st March 2021
Notification No. 57/2015-20 S.O.(E) In exercise of powers conferred by Section 5 of the Foreign Trade(Development & Regulations) Act,1992 read with paragraph 1.02 of the Foreign Trade Policy (FTP) 2015-20, as amended, the Central Government hereby makes, with immediate effect, the following amendments in the
Measure to facilitate trade during the lockdown period – section 143AA of the Customs Act, 1962
Circular No. 17/2020-Customs To, All Principal Chief Commissioners/ Chief Commissioners of Customs/ Customs (Preventive), All Principal Chief Commissioners/ Chief Commissioners of Customs & Central Tax, All Principal Commissioners/ Commissioners of Customs/ Customs (Preventive), All Principal Commissioners/ Commissioners of Customs & Central Tax Sub.: Measure
Measures to facilitate trade during lock down period by CBIC
Measures to facilitate trade during lockdown period – Section 143AA of customs act 1962 ( Circular no 17/2020 customs ) In light of unprecedented situations arising due to COVID 19, CBIC has been receiving a lot of queries regarding the furnishing of the bond
Ministry of Shipping issues direction to all Major Ports not to levy any penalties/charges/fees on any Port user for any delay caused due to COVID-19
Ministry of Shipping issues direction to all Major Ports not to levy any penalties/charges/fees on any Port user for any delay caused due to COVID-19 In wake of the outbreak of COVID-19 and the same being declared as Pandemic, the Government of India has imposed
Shipping Lines advised not to impose container detention charges on import and export shipments at Ports
Shipping Lines advised not to impose container detention charges on import and export shipments at Ports Ministry of Shipping has advised the shipping lines not to impose any container detention charges on import and export shipments for the period from 22nd March 2020 to 14th
No demurrage charges by Indian railway from 23.3.2020 to 14.4.2020
Indian Railways has decided that the period from 22.03.2020 to 14.04.2020 shall be treated under “Force Majeure” During this period no demurrage, wharfage, stacking, stabling, detention, and ground usage charge shall be leviable Keeping in view the Ministry of Finance OM No. 18/4/2020-PPD dt. 19.02.2020
FTP 2015 20 extended by one year, up to 31.03.2021
Notification No. 57/2015-20. S. O. (E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation ) Act, 1992 read with paragraph 1.02 of the Foreign Trade Policy (FTP) 2015 – 2020, as amended l, the Central Government hereby makes,
Amendments In Foreign Trade Policy 2015-20
Amendments In Foreign Trade Policy 2015-20 Important features and time limits that get extended vide Notification no. 57/2015- 20 dt.31st March 2020 and Public notice no.67/2015-20 dt.31st March 2020 are given hereunder: – 1. Existing Foreign Trade Policy 2015-20 extended up to 31.03.2021: provisions relating
Export Promotion Capital Goods (EPCG SCHEME) And Advance Authorizations (AA SCHEMES) Under GST
Export Promotion Capital Goods (EPCG SCHEME) And Advance Authorizations (AA SCHEMES) Under GST 1.0 Overview Before the implementation of GST in India, various tax benefits, entitlements, and export promotion schemes were provided to exporters to augment foreign reserves of India, provide employment opportunities, development of



