A new Ministry of Finance circular is reshaping customs procedures by easing clearance while strengthening compliance through ...

At the World Economic Forum in Davos, the head of Indian Oil Corporation Ltd (IOCL) made a clear declaration about India’s ...

The change matters because services now account for a growing share of India’s exports, yet remain underrepresented in the ...

In a notable relaxation, the RBI permits value reductions in declared export or import amounts based on self-declaration, simplifying the process for genuine cases of short realisation or ...

Export benefits have been formally enabled for goods sent through the postal route. The circular allows electronic claims of incentives by integrating postal export systems with customs ...

The federal government has unveiled the next steps in its national gun buyback program — and Canadians will have about two ...

It brings service exporters within the formal reporting system, adding transparency. It also eases compliance for smaller ...

This explains how non-realisation of export proceeds within FEMA timelines leads to GST refund reversal and interest liability. The key takeaway is that exporters must track realisation deadlines ...

The Nigeria Customs Service (NCS) has announced the commencement of a new standard operating procedure (SOP) to regulate courier companies operating under the delivered duty paid (DDP) incoterm.

If wishes were horses, beggars would ride. But exports are not horses, and Pakistan is not poor because it lacks dreams. It ...

The National Board of Revenue (NBR) has integrated ASYCUDA World with the electronic utilisation declaration (e-UD) system of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to ...

Instead of mail being postmarked when it is first received, it will now be stamped while being sorted and processed at regional distribution centers. That delay could have troubling implications for ...