Tnc Rajagopalan

Build good external relations for steady supplies of critical materials

Serious doubts have now emerged in many countries regarding dependence on other countries for critical materials because it is not easy to develop alternate sources of supplies quickly

Imports under FTAs can be cleared under the provisional assessment

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

SEZ Rules amended to attract more investments, facilitate operations

India has 276 operational SEZs with 6,275 units operating in them. Total investment in them is about ₹7.07 trillion and they employ about 3.19 million persons

Asean and our neighbouring countries now drifting closer to China

Deepseek says that in 2023 Asean countries exported goods worth $416 billion to China and imported goods worth $495.7 billion from them

Duty drawback on inputs used in export products shouldn't be denied

There is no bar on applying for advance authorisation under SION or Para 4.07 of HBP while your request for review of the SION under Para 4.06 of the HBP is pending

Pursue trade deals, but focus equally on enhancing industry competitiveness

India retaliated against some ill-considered statements and actions by the Bangladesh government by closing its land borders for import of some goods from that country

Tough India-US trade discussions amidst irritants over tariff tensions

In March this year, soon after the US raised its duties on steel and aluminium, China and Canada proposed retaliatory tariffs against imports from the US

Retail sets must be classified according to their essential characteristics

Firstly, the brush you supply has no stand-alone utility or commercial value since it can be used only as an accessory for applying the hair-dye

Trade discussions proceed undisturbed by India-Pakistan hostilities

The UK-US trade pact is significant because it is the first deal after President Trump imposed reciprocal tariffs in the beginning of last month

Critical minerals: Global challenge to China dominance gains pace

China has 44 per cent of the known rare earth deposits that contain such critical minerals

No relief from QCO for inputs imported under advance authorisation scheme

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

Pahalgam attack: Short-term impact of India-Pak actions not too significant

Generally, political and economic measures do not bring about significant changes in policy or behaviour unless they sting the other party enough

RBI draft directions for exports envisage more powers to authorised dealers

In a significant departure from the practice of giving detailed guidelines, the draft direction merely provides a list of RBI regulations that authorised dealers (ADs) must follow

Goods exempted under notifications can be brought into bonded warehouses

RBI itself allows initial period of 9 months to realise export proceeds

Reciprocal tariffs: Customs scrutiny to get more strict everywhere

The exporters using any inputs from China should now be wary of the US Customs

US tariffs: Exporters must be ready to prove origin of goods to Customs

Rules of origin (RoO) are used by most countries to implement measures such as anti-dumping duties and anti-subsidy countervailing duties

Remittance to foreign print media for ads allowed from EEFC account

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

India's export performance remains uninspiring amid weak global position

In 2015, the government said that it aims to increase India's exports of merchandise and services from $465.9 billion in 2013-14 to approximately $900 billion

All EOU, AAH, SEZ exports during extended period should get Rodtep benefits

Rodtep scheme seeks to refund the duties/taxes/levies, at Central, State and local level, borne on manufacture and distribution of the exported product, which are not rebated through any other schemes

'Merchanting trade' includes supply of goods within same foreign country

The CBEC Circular no.38/97-Customs dated 19th September 1997 says that any group company having status recognition as 'export house' under the FTP can give the corporate guarantee