Support for Alternative Trade Instruments intervention under the Export Promotion Mission (EPM) – NIRYAT PROTSAHAN The Government of India has launched the Support for Alternative Trade Instruments intervention under the Export Promotion Mission (EPM) – NIRYAT PROTSAHAN. This initiative is designed to strengthen access to export finance for MSMEs by providing structured support for alternative […]
The Government of India, through the Directorate General of Foreign Trade (DGFT), has launched the Facilitating Logistics Interventions for Freight & Transport (LIFT) scheme under the NIRYAT DISHA Export Promotion Mission.
The Government of India has launched the Trade Regulations, Accreditation & Compliance Enablement (TRACE) scheme under the Export Promotion Mission (EPM) – NIRYAT DISHA. This initiative is designed to strengthen India’s quality and technical compliance ecosystem, specifically helping MSMEs meet the regulatory requirements of importing countries.
DGFT Rationalises RoDTEP Rates: Incentives Restricted to 50% – Key Policy Shift for Exporters The Directorate General of Foreign Trade (DGFT) has issued Notification No. 60/2025-26 dated 23 February 2026, introducing a significant rationalisation under the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme. The amendment represents a noteworthy policy recalibration impacting incentive […]
The Supreme Court of India, in Viraj Impex Pvt. Ltd. v. Union of India [S.L.P.(C) Nos. 1979, 2297, 2778, 1977 of 2019, decided on 21.01.2026], has held that a notification issued under the Foreign Trade (Development and Regulation) Act, 1992 becomes legally enforceable only from the date of its publication in the Official Gazette.
In the matter of Central Board of Indirect Taxes and Customs v. Aberdare Technologies Pvt. Ltd. , the Supreme Court of India, in a decision dated March 21, 2025 [Special Leave Petition (Civil) Diary No. 6332 of 2025, decided on 21-3-2025], affirmed the judgment of the Bombay High Court which held that an assessee must be permitted to rectify bona fide errors in its GST returns even after the expiry of the limitation period prescribed under Section 39(9) of the Central Goods and Services Tax Act, 2017, provided such errors do not