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06Jun 2024

“CBIC IMPLEMENTS ELECTRONIC DISBURSAL FOR DUTY DRAWBACK FUNDS”

Why in the news? CBIC initiates electronic disbursal of duty drawback funds. Duty drawback amounts are now directly credited to exporters’ bank accounts via the PFMS platform, as announced by the Central Board of Indirect Taxes and Customs. About Central Board of Indirect Taxes & Customs (CBIC): Previously known as the Central Board of Excise …

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09Apr 2024

DGTR CALLS FOR LEVY OF ANTI-DUMPING DUTY ON SODIUM CYANIDE

Why in the news? DGTR proposes anti-dumping duty on sodium cyanide imports from China, EU, Japan, Korea, citing potential harm to domestic producers. Source:eduprep About the Imposition of Duty: The Directorate General of Trade Remedies (DGTR) proposes anti-dumping duty on sodium cyanide imports from China, the European Union, Japan, and Korea. The duty, valid for …

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