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The balances in the RVAs are built through inward remittances in freely convertible currencies
The decision to give a second term to Ngozi Okonjo-Iweala reflects broad recognition of her exceptional leadership and strategic vision for the future of the WTO
A key agreement at Baku was on establishing high integrity carbon markets, following a breakthrough on establishing standards for a centralised international carbon market
If goods are imported into India after exportation therefrom, such goods shall be liable to duty and be subject to all the conditions and restrictions
Irritants persist for MOOWR units, although over five years have passed since the introduction of MOOWR 2019 regulations
The CBIC should do away with the IGCRS Rules for the EOUs, as they serve no useful purpose, only cause harassment and encourage corruption
TNC Rajagopalan answers SME queries related to GST, export and import matters
With Trump's rather isolationist policies, Europe may find it necessary to divert more resources for building better military capabilities
The DGFT wants the exporters to submit the data for the year 2023-24 by the March 31, 2025. Not furnishing the ARR will lead to denial of Rodtep benefits
One cannot escape anti-dumping duty by filing advance bill of entry if the anti-dumping notification is issued before grant of entry inward for the vessel
Brics's demand to reform the present financial system and global institutions and attempts to develop different payment mechanisms will get suitable support
India and Canada have shared democratic values. The broader geopolitical considerations require India and Canada to co-operate and deepen their engagement
Rajagopalan answers readers' SME queries related to GST, export and import matters
CBIC had issued its circular prescribing the procedures for the payment of IGST and compensation cess (CC) along with interest by the importers who had violated the pre-import condition
In India, the trade union movement is very fragmented and at its weakest since independence. So, the fears of workers disrupting critical activities like port operations are very low
In an Ex-W contract, the obligation of the seller is to make the goods available at the named place and give notice to the seller. The obligation of the seller is to take delivery at the named place
Most of the EOUs are unhappy with the way the CBIC has tried to push through the new processes without adequate preparation
The EOUs should quickly familiarise themselves with the new procedures and raise any doubts/difficulties with the CBIC and ICEGATE, preferably before the coming Wednesday
Safeguard duty, countervailing duty on subsidized articles and anti-dumping duty are levied under Sections 8B, 9 and 9A respectively of the Customs Tariff Act, 1975
When goods are exported without IGST payment under bond or letter of undertaking, the ITC of GST paid on related inputs and input services remains unutilised