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
Adjudication of excess stock must be conducted under Section 73/74 of CGST Act rather than through confiscation proceedings under Section 130 of the CGST Act
GSTR-1 vs GSTR-3B Mismatch — Remand Mandatory Under Section 75(2) Upon Conversion from Section 74 to Section 73 [Goods and Services Tax Appellate Tribunal – Principal Bench, New Delhi]
Supreme Court Clarifies Educational Consultancy Services as Export of Services, Not Intermediary Recently, in the case of Commissioner of Goods and Service Tax, DGST Delhi v. Global Opportunities Pvt. Ltd. [SLP Appeal (C) No. 2752 of 2026, decided on 27-01-2026], the Supreme Court of India dismissed the Revenue’s appeal and upheld a landmark judgment by […]
CBIC Simplifies GST Registration Process and Restricts Unnecessary Officer Queries The Central Board of Indirect Taxes & Customs (CBIC) has issued Instruction No. 03/2025-GST dated 17th April 2025, to streamline the process of GST registration and minimize unnecessary queries and document requests by officers. Key points include: Simplified Documentation: Only specified documents listed in FORM […]
EXPORT PROMOTION CAPITAL GOODS – EPCG SCHEME https://www.youtube.com/watch?v=WNBwSvmYFE8 EPCG stands for Export Promotion Capital Goods. The objective of this scheme is to facilitate the import of capital goods with the purpose of producing quality goods and services to enhance India’s export competitiveness. EPCG scheme allows import of capital goods for pre- production, production and post-production […]
Documents Needed to Start Exports | Registration Required for Export Business https://youtu.be/N5F30SJxMRM Description:Want to start exports but unsure about the registration required and documents needed? In this video, we break down all the essential paperwork you must have to legally set up your export business. 📌 Topics Covered:✅ Importer Exporter Code (IEC) Registration✅ GST Registration […]