Wednesday 4 October 2017

Govt. extends LUT facility to small exporters; No bond & bank guarantee

Govt. decides to extend facility of furnishing Letter of Undertaking, in place of bond, to small exporters without bank guarantee; States, “The issue of cash blockage is expected to be partially addressed by this measure”; Relevant Notification for this shall be issued in due course : Finance Ministry Press Release 

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Department of Commerce issues clarification on newly inserted Rule 11B of SEZ Rules

  This Tax Alert summarizes a recent instruction  issued by the SEZ Division, Department of Commerce, clarifying various concerns relating t...