In the run-up to the goods and services tax (GST) regime, the commerce ministry seems a spectator. The Directorate General of Foreign Trade (DGFT) sought relevance by posting useful guidelines for exporters and importers but these are marred by some unnecessary indiscretions.
The DGFT’s Trade Notice no 11/2008 dated June 30 says for items covered under the GST, no Advance Release Order (ARO) facility will be available under the Advance Authorisation and Export Promotion Capital Goods (EPCG) scheme. Also, Export Oriented Units (EOU) can sell in the Domestic Tariff Area (DTA), subject to some conditions. These include refund of
The DGFT’s Trade Notice no 11/2008 dated June 30 says for items covered under the GST, no Advance Release Order (ARO) facility will be available under the Advance Authorisation and Export Promotion Capital Goods (EPCG) scheme. Also, Export Oriented Units (EOU) can sell in the Domestic Tariff Area (DTA), subject to some conditions. These include refund of
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