Post by: Renu Suresh in Import - Export
RBI allows International Trade Settlement in Indian Rupees On July 11th, 2022, the Reserve Bank of India announced a big decision by allowing trade settlements between India and other countries in Indian Rupees (INR). This measure is aimed at facilitating…
Post by: Renu Suresh in Import - Export
Filing of Quality Complaints/Trade Disputes Relating to International Trade Exporters need to project a good image of the country abroad to promote India’s exports. Maintaining an enduring relationship with foreign buyers is of utmost importance, and complaints or trade disputes,…
Post by: Renu Suresh in Import - Export Income Tax
CBIC Clarification on Applicability of Most Favoured Nation (MFN) The Central Board of Direct Taxes (CBDT) has received representations seeking clarity on the applicability of the Most Favoured Nation (MFN) clause available in the Protocol to some of the Double…
Post by: Renu Suresh in Import - Export
Continuation of Operations of COVID-19 Helpdesk for International Trade The Direct General of Foreign Trade (DGFT) has announced the Continuation of operations of DGFT COVID-19 Helpdesk for International Trade-related Issues vide a Trade Notice No. 02/2021-2022 dated 26.04.2021. The DGFT took…