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PrefaceVenturew

𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁 𝗶𝗻 𝗜𝗺𝗽𝗼𝗿𝘁 𝗣𝗼𝗹𝗶𝗰𝘆 𝗮𝗻𝗱 𝗣𝗼𝗹𝗶𝗰𝘆 𝗖𝗼𝗻𝗱𝗶𝘁𝗶𝗼𝗻 𝗼𝗳 𝗣𝗹𝗮𝘁𝗶𝗻𝘂𝗺 𝗰𝗼𝘃𝗲𝗿𝗲𝗱 𝘂𝗻𝗱𝗲𝗿 𝗛𝗦 𝗖𝗼𝗱𝗲 𝟳𝟭𝟭𝟬 𝗼𝗳 𝗖𝗵𝗮𝗽𝘁𝗲𝗿 𝟳𝟭 𝗼𝗳 𝗜𝗧𝗖 (𝗛𝗦) 𝟮𝟬𝟮𝟮, 𝗦𝗰𝗵𝗲𝗱𝘂𝗹𝗲 –𝗜 (𝗜𝗺𝗽𝗼𝗿𝘁 𝗣𝗼𝗹𝗶𝗰𝘆).

The Central Government, under the powers conferred by the Foreign Trade (Development & Regulation) Act, 1992, and the Foreign Trade Policy (FTP) 2023, has...
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PrefaceVentureq

𝗗𝗶𝘀𝗽𝗼𝘀𝗮𝗹 𝗼𝗳 𝗨𝗻𝗺𝗮𝗻𝗻𝗲𝗱 𝗔𝗶𝗿𝗰𝗿𝗮𝗳𝘁 𝗦𝘆𝘀𝘁𝗲𝗺𝘀 (𝗨𝗔𝗦)/𝗨𝗻𝗺𝗮𝗻𝗻𝗲𝗱 𝗔𝗲𝗿𝗶𝗮𝗹 𝗩𝗲𝗵𝗶𝗰𝗹𝗲𝘀 (𝗨𝗔𝗩)/𝗥𝗲𝗺𝗼𝘁𝗲𝗹𝘆 𝗣𝗶𝗹𝗼𝘁𝗲𝗱 𝗔𝗶𝗿𝗰𝗿𝗮𝗳𝘁 𝗦𝘆𝘀𝘁𝗲𝗺𝘀 (𝗥𝗣𝗔𝗦)/𝗗𝗿𝗼𝗻𝗲𝘀.

Reference to Previous Circulars: CBIC Circular No. 32/2019 dated 20.09.2019. Amended by Circular No. 05/2024-Customs dated 22.05.2024. Amendments Introduced: Centralized Warehousing & Inspection: All...
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𝗔𝗱𝗺𝗶𝘀𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝘆 𝗼𝗳 𝗔𝗜𝗥 𝗗𝘂𝘁𝘆 𝗗𝗿𝗮𝘄𝗯𝗮𝗰𝗸 𝗼𝗻 𝗘𝘅𝗽𝗼𝗿𝘁𝘀 𝘄𝗶𝘁𝗵 𝗡𝗼𝗻-𝗗𝘂𝘁𝘆 𝗣𝗮𝗶𝗱 𝗜𝗻𝗽𝘂𝘁𝘀 – 𝗜𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗶𝗼𝗻 𝗡𝗼. 𝟬𝟭/𝟮𝟬𝟮𝟱-𝗖𝘂𝘀𝘁𝗼𝗺𝘀.

CBIC has noted instances of AIR duty drawback being denied or reduced for exports using inputs that are non-duty paid or duty-concessional. As per...
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𝗖𝗹𝗼𝘀𝘂𝗿𝗲 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗼𝗳 𝗔𝗱𝘃𝗮𝗻𝗰𝗲 𝗔𝘂𝘁𝗵𝗼𝗿𝗶𝘀𝗮𝘁𝗶𝗼𝗻 𝗗𝘂𝗲 𝘁𝗼 𝗦𝗵𝗶𝗽𝗽𝗶𝗻𝗴 𝗕𝗶𝗹𝗹 𝗗𝗲𝘀𝗰𝗿𝗶𝗽𝘁𝗶𝗼𝗻 𝗖𝗼𝗻𝘀𝘁𝗿𝗮𝗶𝗻𝘁𝘀.

Issue in Closure of Advance Authorisation (AA): Exporters face difficulties due to space constraints in the item description column of shipping bills (limited to...
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𝗙𝗶𝘅𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗧𝗮𝗿𝗶𝗳𝗳 𝗩𝗮𝗹𝘂𝗲 𝗼𝗳 𝗘𝗱𝗶𝗯𝗹𝗲 𝗢𝗶𝗹𝘀, 𝗕𝗿𝗮𝘀𝘀 𝗦𝗰𝗿𝗮𝗽, 𝗔𝗿𝗲𝗰𝗮 𝗡𝘂𝘁, 𝗚𝗼𝗹𝗱 𝗮𝗻𝗱 𝗦𝗶𝗹𝘃𝗲𝗿- 𝗥𝗲𝗴.

The Central Board of Indirect Taxes & Customs (CBIC) has amended the tariff values for certain goods under Notification No. 36/2001-Customs (N.T.), replacing TABLE-1,...
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𝗘𝘅𝘁𝗲𝗻𝘀𝗶𝗼𝗻 𝗼𝗳 𝗖𝗼𝘂𝗻𝘁𝗲𝗿𝘃𝗮𝗶𝗹𝗶𝗻𝗴 𝗗𝘂𝘁𝘆 𝗼𝗻 𝗦𝗮𝗰𝗰𝗵𝗮𝗿𝗶𝗻 𝗜𝗺𝗽𝗼𝗿𝘁𝘀 𝗳𝗿𝗼𝗺 𝗖𝗵𝗶𝗻𝗮 𝗳𝗼𝗿 𝟱 𝗬𝗲𝗮𝗿𝘀 – 𝗗𝗚𝗧𝗥 𝗦𝘂𝗻𝘀𝗲𝘁 𝗥𝗲𝘃𝗶𝗲𝘄.

The Indian government has extended the countervailing duty on imports of “Saccharin in all its forms” originating in or exported from China PR for...
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