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Foreign trade

Services Provided to SEZ Authorised Operations Exempted From Service Tax!!!

July 04, 2013

Where the specified services received by the SEZ Unit or the Developer are used exclusively for the authorised operations, the person liable to pay service tax has the option not to pay the service tax ab initio!!..

Bigger Exporters Eligible for Market Development Assistance

May 24, 2013

Govt moots Aggressive Export Promotion..Government has removed the upper ceiling of with regard to eligibility for Market Development Assistance (MDA) for participation in Buyer-seller Mission BSMs/fairs/exhibitions abroad to explore new markets in focus countries of Latin America for export of their specific product(s) and commodities from India in the initial phase.

Import of goods with Zero customs Duty

April 22, 2013

The government has harmonised the former zero duty epcg scheme and concessional 3% epcg scheme into one scheme called Zero Duty EPCG Scheme covering all sectors. The major features of the new scheme which will be in operation from 18.04.2013 is as follows

All About IE CODE

March 29, 2013

IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade , Ministry of Commerce, Government of India to Indian Companies.

Everything Simple Series - Arm's length price

March 27, 2013

Solving the Complicated corporate terms in simple Words. Today's keyword is "Arm's length price".