DGFT notifies Amendment to Handbook of Procedures 2023 [Read Notification] The methodology outlined in Paragraph 1.04(k) guarantees that stakeholder voices are heard during the decision-making process and that feedback is gathered methodically
The Directorate General of Foreign Trade ( DGFT ) through Public Notice No. 37/2024-25 dated: 02nd January, 2025 amended the Handbook of Procedures 2023 to specify Procedure for furnishing views, suggestions, comments, or feedback from relevant stakeholders including importers/exporters/industry experts concerning the formulation, amendment or incorporation of specific provision(s) in the Foreign Trade Policy. Under the provision of the Foreign Trade Policy, 2023, the Director General of Foreign Trade makes the following amendment in Handbook of Procedures 2023 under 1.04 (k) Submission of views, suggestions, comments, or feedback Take Your SME to the Next Level with IPO Insights – Click here to Register
The mode of receiving views, suggestions, comments, or feedback as provided in para 1.07A of the Foreign Trade Policy 2023 shall be provided for in the Public Notice/Trade Notice seeking such views, suggestions, comments, or feedback. The Procedure is specified for seeking views, suggestions, comments, or feedback from relevant stakeholders including importers/exporters/industry experts under Para 1.07A of Foreign Trade Policy 2023 as a trade facilitation measure with an option available to the Central Government to consult stakeholders to seek their views, suggestions, comments or feedback concerning the formulation, amendment or incorporation of specific provision(s) in the Foreign Trade Policy.
Paragraph 1.07 , One of the aforementioned guidelines promotes active involvement from interested parties, guaranteeing that their issues and recommendations are taken into consideration. It brings trade policies into line with the demands of the sector and the state of the market. It Simplifies processes and reduces trade barriers through informed policy-making.This action demonstrates the government’s dedication to fostering a responsive and cooperative trading environment.
Paragraph 1.07 , One of the aforementioned guidelines promotes active involvement from interested parties, guaranteeing that their issues and recommendations are taken into consideration. It brings trade policies into line with the demands of the sector and the state of the market. It Simplifies processes and reduces trade barriers through informed policy-making.This action demonstrates the government’s dedication to fostering a responsive and cooperative trading environment.
Take Your SME to the Next Level with IPO Insights – Click here to Register The Foreign Trade Policy (FTP) provides for an inclusive approach by enabling stakeholders to submit their views, suggestions, comments, or feedback concerning trade-related issues or policy amendments. The modes specified under Para 1.04(k) facilitate accessibility and ease of communication. Stakeholders can frequently send their comments via an official online platform offered by the Directorate General of Foreign Trade (DGFT). This guarantees prompt and systematic data collection for evaluation. Stakeholders are usually required to log in and submit their inputs through an intuitive interface. Defined officers or committees examine and evaluate the proposals before incorporating them into policy. The methodology outlined in Paragraph 1.04(k) guarantees that stakeholder voices are heard during the decision-making process and that feedback is gathered methodically.
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CESTAT Annual Digest 2024: Indirect Tax Cases [Part 21]
A Round-Up of all the CESTAT Decisions in 2024
A Round-Up of all the CESTAT Decisions in 2024
This annual round-up analytically summarizes all the Customs, Excise and Service Tax Orders of the CESTAT Benches of India reported at Taxscan.in during 2024. Business Auxiliary Service, Franchise Service, and Mandap Keeper Service Taxes not leviable on Jharkhand State Cricket Association: CESTAT M/s. Jharkhand State Cricket Association vs Commissioner of Central Excise & Service Tax CITATION: 2024 TAXSCAN (CESTAT) 918 The Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ), Kolkata Bench, ruled in favour of the Jharkhand State Cricket Association ( JSCA ) in a service tax dispute. The tribunal concurred with JSCA’s argument that it was not… Your free access to Taxscan has Expired
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CESTAT Annual Digest 2024: Indirect Tax Cases [Part 20]
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This annual round-up analytically summarizes all the Customs, Excise and Service Tax Orders of the CESTAT Benches of India reported at Taxscan.in during 2024. CHA Not Obliged to Verify Genuineness Of IE Code For Each Import/Export Transaction: CESTAT M/s. Akansha Logistics vs Commissioner of Customs Airport & General CITATION: 2024 TAXSCAN (CESTAT) 874 The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that CHA is not obliged to verify genuineness of Import Export ( IE ) Code for each import/export transaction. The bench held that there was no need for any proceedings under CBLR to…
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