December 2020
Intermediate to advanced
857 pages
42h 3m
English
Content preview from Business Environment, 4th Edition by Pearson
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246 | Chapter 9
Facility to set up a warehouse outside the premises and near a port of export
permitted, subject to conditions.
EOUs having a physical export turnover of ` 10 crore or more allowed fast track
clearances on their procurement.
Other Announcements
Exemption under Duty Free Import Authorisation Scheme now restricted to
basic customs duty as against complete exemption from customs duty earlier.
However, additional customs duty will be available as CENVAT credit subject
to conditions.
Eligibility criteria for the grant of ‘status’ to an exporter, revised. Deemed export
will now be considered for determining ‘export performance’. ...
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