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Amnesty Scheme for settlement of default in export obligation by Advance and EPCG Authorisation Holders

Amnesty EPCG/ Advance Authorisation Scheme Generally goods  including capital goods or raw material can be imported on payment of custom duty. However, as per Foreign Trade Policy exporters can import capital goods or raw material without payment of custom duty, if they take EPCG/Advance Authorisation from DGFT, however for taking advantage of duty-free import, it […]

Key Analysis of CGST Notifications issued on 31/03/2023

Key Analysis of CGST Notifications issued on 31/03/2023 Recently, Government has issued various notifications to give effect to the recommendations of the GST Council in its 49th Meeting held on 18th February, 2023. Gist of all the notifications is given hereunder: 1. Amnesty schemes for non-filers of return:                     i. Late Fee reduced/waived on non-filing […]

Key Highlights Foreign Trade Policy 2023

[slide-anything id=”49809″] Key Highlights: Foreign Trade Policy 2023 Key Highlights: Foreign Trade Policy 2023 Central Government notified the new Foreign Trade Policy 2023, in exercise of powers conferred by section 5 of Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992) [FT (D&R) Act], as amended   Directorate General of Foreign Trade (DGFT) […]

A Career in Accounting: Analytical View

In any type of businesses, an accountant is needed. You have to consider that accounting is basically the language in business and having enough knowledge about accountancy is essential for businessmen and women to know how their business is doing. This is why accounting professionals are very much in demand today. And, a lot of […]