Finance Act 2025 – prefaceventure.com

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September 16, 2025

Circulars, Customs

Implementation of New Customs Provisional Assessment Rules.

The Finance Act, 2025 has introduced significant amendments to Section 18 of the Customs Act, 1962, dealing with Provisional Assessment. These changes aim to...

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June 4, 2025

(RoDTEP), DGFT

RoDTEP Schedule 4R Updated per Customs Tariff Act Amendments – 01.05.2025.

The Directorate General of Foreign Trade (DGFT) has issued a crucial notification updating the RoDTEP (Remission of Duties and Taxes on Exported Products) Schedule...

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May 20, 2025

DGFT, Notification

ITC(HS) 2022: Chapter 71 Policy Conditions Amended – Finance Act 2025.

The Central Government, in exercise of powers conferred under Section 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992, and in...

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May 20, 2025

DGFT, Notification

DGFT Notification: Harmonisation of ITC(HS) Schedule-II with Finance Act 2025.

The Central Government, in the exercise of its powers under the Foreign Trade (Development & Regulation) Act, 1992 and in accordance with the Foreign...

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April 9, 2025

Circulars, Customs

Clarification on BCD Classification for Interactive Flat Panel Displays (IFPDs) and Other Monitors.

Customs Classification Clarified: Distinction Between IFPDs and Monitors & Related Duty Structure. The 2025-26 Union Budget brought significant changes to the Basic Customs Duty...

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Implementation of New Customs Provisional Assessment Rules.

RoDTEP Schedule 4R Updated per Customs Tariff Act Amendments – 01.05.2025.

ITC(HS) 2022: Chapter 71 Policy Conditions Amended – Finance Act 2025.

DGFT Notification: Harmonisation of ITC(HS) Schedule-II with Finance Act 2025.

Clarification on BCD Classification for Interactive Flat Panel Displays (IFPDs) and Other Monitors.

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GST Clarification on Secondary & Post-Sale Discounts Issued.

Exemption from QCO on Import of Aerospace Grade Hydrogen Peroxide.