If you remember, a video was released on our channel on 7 February 2023, stating that the government is going to bring an amnesty scheme in the new foreign trade policy. And on March 31, 2023, it proved to be true and the government has opened a special one-time window for this. This amnesty scheme...
In this blog, we will discuss the important public notice issued by JNPT Port. These notices are related to Duty Drawback, IGST Refund, Advance License and EPCG. So for those who have ever exported from JNPT port or have registered their advance license or EPCG at JNPT port, this blog is very important for them.And...
In this blog we will understand the main highlights of the new Foreign Trade Policy [FTP] 2023. Union Minister Shri Piyush Goyal launched the New FTP 2023 on 31 March 2023. The last FTP came in 2015, and now this new FTP is coming almost after 8 years. The main thing about New FTP 2023...
Overview: All exporters and importers of goods in India must obtain the AD code as it is required for customs clearance. Importers and exporters need to register an AD code at every port from where the goods are cleared by customs. The authorized bank assigns an AD code to any importer or exporter who opens...
COMPLIANCE TO BE FOLLOWED AFTER TAKING AN ADVANCE LICENSE In this blog, we will cover a very important topic which is mostly ignored & overlooked by many of the exporters i.e. what are the compliances to be followed after taking an Advance Authorisation/Licenses so that your Company does not attract any unwanted penalties from the...