Tnc Rajagopalan

Quality control order rollbacks should be the start of bigger cleanups

The government defers quality control orders on steel and chemicals, signaling a shift from a protectionist trade regime that hurt downstream industries

MSME participation in AEO programme grows but more awareness needed

A joint WCO-ICC-WTO report says awareness gaps, procedural complexity and uneven benefits still limit MSME participation despite recent improvements

Export subsidies will help but we should aim to be globally competitive

The scheme will be implemented through the Directorate General of Foreign Trade (DGFT)

EOUs need not debit anti-dumping duty to the B-17 bond at import stage

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

Customs allows post-clearance revisions - of course, conditions apply

New CBIC rules let importers and exporters voluntarily revise shipping bills and pay or claim duty differences after clearance

India watches as US President Donald Trump engages with East Asian leaders

The Directorate General of Foreign Trade (DGFT) announced the launch of Bharat Aayat Niryat Lab Setu

Chatroom: EODC not necessary for selling goods made from duty-free inputs

Understanding export-obligation timelines, currency-correction relief, and anti-dumping duty exemptions for EOUs

Exim matters: US sanctions may lead to fall in Russian crude oil imports

Imports of oil from Russia at discounted prices meet about 35 per cent of India's crude oil requirements

Exim Matters: On Diwali day, let us look at the brighter aspects

The second good news for me is that the leading IT company Google will invest $15 billion over the next five years to set up an artificial intelligence (AI) data centre at Visakhapatnam in Andhra

Institute Cargo Clauses (A) cover general average and salvage charges

Trade expert cites FTP Para 1.08 and CBIC circulars requiring that export consignments not be detained beyond three days, and clarifies documentation norms under the Advance Authorisation scheme

To build a developed India, RBI must move beyond micromanagement

RBI eases forex compliance: exporters and importers can reconcile smaller bills, merchant traders get longer timelines, and rupee vostro accounts gain investment flexibility

India's trade hurdle: Bureaucrats unchecked, entrepreneurs unheard

The entrepreneur filed her shipping bill for export of certain goods she had been exporting for years

Govt's Q&A on GST refund due to inverted duty rates is controversial

Para 4.26(ii) of FTP says that 'merchant exporter shall be required to mention name and address of supporting manufacturer of the export product on the export document viz. Shipping Bill/ Bill of Expo

Shipbuilding dreams: Subsidies to help but shipyards must be competitive

Almost 90% of global cargo moves through the oceans with China, South Korea and Japan dominating the ship building industry aided by considerable support from their governments

GST reforms: Festival cheer for consumers but many suppliers face IDR

In his Independence Day speech, our Prime Minister announced a Diwali gift by way of significant reductions in the GST rates and simplification of processes

No interest on capital goods cleared into DTA after use in bonded warehouse

Manufacturing in bonded warehouses is covered under Section 65 of the Customs Act, 1962 (CA 62) and Manufacture and Other Operations in Warehouse (No. 2) Regulations, 2019 (MOOWR)

Exporters to take price cuts but hopeful on US-India trade agreement

Retailers, banks and buyers are sharing the burden as exporters frontload shipments, cut prices short term and weigh overseas bases if tariffs persist

GST reforms should be the beginning of more reforms in all laws

Such changes have received sufficient media coverage, and so, I will focus more on certain other aspects

Re-export of goods from DTA to SEZ must get drawback U/S 74 of CA62

I think the CBIC should take note of the difficulties of the trade and amend the definition of 'export' at Rule 2(b) of Re-export of Imported Goods (Drawback of Customs Duties) Rules, 1995.

US tariffs: A wakeup call to improve India's trade competitiveness

It is unbelievable that India's refusal to acknowledge the role of the US in ending 'Operation Sindoor' should lead to such harsh measures