Tnc Rajagopalan

CBIC's retrospective omission of CGST Rule 96(10) raises questions over amounts recovered from exporters, with the government urged to return refunds and interest collected under the provision

Experts clarify rules on overseas job work under advance authorisation, leasing capital goods under EPCG and timelines for invoicing and export shipments

The government's new SEZ rules allow customs duty refunds on goods returned after failed deliveries, but a short deadline and unresolved drawback disputes leave gaps for domestic buyers and exporters

Measures to curb dollar demand have strengthened the rupee, but raise costs for importers and leave the durability of the recovery uncertain

TNC Rajagopalan answers SME queries related to GST, export and import matters

Exporters seek a reassessment mechanism or explicit ITC eligibility for IGST paid through ICEGATE challans to regularise AA and EPCG defaults

On October 1, the RBI updated a Master Direction consolidating various reports/ forms required to be submitted under Fema

Goods invoiced or settled in INR get 12 months for realisation, against the nine-month period.

Raising the RCMC exemption threshold eases compliance for small exporters, but compulsory EPC membership for accessing trade-policy benefits deserves a wider review

Exporters have adapted to tariffs and geopolitical disruptions, but thinner margins and fresh US levies could make resilience harder to sustain

The real test is whether a bank can refuse to close an otherwise eligible entry merely because the customer disputes or declines to pay the charge.

BRICS has economic heft, but tangible gains for members remain limited

The larger concern is that excessive emphasis on FTA awareness diverts attention from the central issue - competitiveness

DGFT's latest notification aligns INR export proceeds with foreign-currency realisation, while Customs clarifies when the six-month re-export clock begins

India's exporters and importers face soaring freight costs and shipping disruptions, but subsidies may not be the answer as global shipping undergoes a technology transition

Customs' demand for repayment of RoDTEP credits from DFIA exporters creates a regulatory mismatch that needs retrospective clarification to protect exporters

Expert explains whether an EOU can warehouse goods near Ahmedabad, the correct eway bill destination for exports and how to claim ITC on differential IGST

India has declared its ambition to become a developed nation by 2047. What it needs now is a credible, measurable roadmap to turn that ambition into reality

Export tax remissions should not be recovered when genuine foreign buyers default, as the goods have already left India and the underlying duties and taxes have been borne

Key compliance clarifications on using RoDTEP scrips for deferred customs duty and MIP rules for PVC imports under the Advance Authorisation scheme.