Register Daily Newsletters My Bookmarks My Queries (D. Forum) My Replies (D. Forum) My Articles My Inbox (PM) Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

   For Sales / Support:
WhatsApp WhatsApp 9911796707
Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
Income Tax Bill, 2025     TaxTMI    TMI - e-Newsletter     TaxTMI    Assignment of Long-Term Leasehold Rights Not...     TaxTMI    Late Fee Under GST Section 47(2) Applies to...     TaxTMI    New Tax Offense Compounding Guidelines: No...     TaxTMI    Limitation Period for GST Refund Claims Cannot Be...     TaxTMI    Penalty Under Black Money Act Deleted:...     TaxTMI    Show-Cause Notice Under CGST Act Section 73...     TaxTMI    Third-Party Information Now Exempt from Trading...     TaxTMI    CBIC Revises Tariff Values for Imported Oils,...     TaxTMI    GST Jurisdictional Boundaries Redefined for Seven...     TaxTMI    Assessment Order Set Aside Due to Missing Document...     TaxTMI    Amendment of Shipping Bill for Drawback Claims on...     TaxTMI    Bus Services Paid Directly by Students Not Exempt...     TaxTMI    Minor Clerical Error in GSTN Documentation Cannot...     TaxTMI    GST Appeal Dismissed: 95-Day Delay Beyond Statutory...     TaxTMI    Tax Authorities Cannot Reject DTVSV Application...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
DGFT - Highlights / Catch Notes

Home Highlights February 2025 Year 2025 This

Ministry of Commerce & Industry established procedures for ...


Gold Bullion Import Quota: New Rules for TRQ Allocation Require Certified Turnover Data and Financial Statements Under CEPA

February 15, 2025

Circulars     DGFT

Ministry of Commerce & Industry established procedures for Tariff Rate Quota (TRQ) allocation of Gold Bullion under India-UAE CEPA for FY 2025-26. Applicants must submit detailed turnover data for manufacturing and trading activities under specified HS Codes (7108, 7113, 7114, 7118) by 28.02.2025. Financial statements require CA certification based on GST filings. Special EFC will determine allocation modalities for 180MT quota based on submitted information. TRQ allocation subject to bi-annual review per PN 12/2023. Previously submitted applications can be amended to include new requirements. System implements strict compliance monitoring for proper TRQ utilization.

View Source

 

← Previous Next →

 

You may also like:

  1. Allocation of quantity for export of preferential quota sugar to USA under TRQ quota - Public Notice

  2. Valuation of imported goods - In case of new machinery, Rules require valuation to be done on the basis of contemporaneous imports (NIDB data). In absence of such data,...

  3. The Directorate General of Foreign Trade issued an amendment regarding Para 2.57 and 2.58 of the Handbook of Procedures. The amendment outlines the procedure for import...

  4. Computation of deduction u/s 80IB/80IC - allocation of advertisement expenses to the eligible units in the ratio of turnover of eligible units to the total turnover of...

  5. Allocation of preferential export of sugar to USA under TRQ for the year 2019-20

  6. The Tariff Rate Quotas (TRQ) under India–UAE CEPA and procedure for allocation and imports under given TRQs is notified. - Amendment in Para 2.107 (TRQ under FTA/CECA)...

  7. Import of Gold - Valid India-UAE TRQ holders as notified by IFSCA can import gold through IIBX against the TRQ and can obtain physical delivery of the same through IFSCA...

  8. Import of Gold from Korea - Valid import or not - it is evident that on the date when the gold granules were imported i.e., on 21.09.2017, there was no restriction on...

  9. Allocation of additional quantity of 745 MTRV for export of sugar to USA under Tariff Rate Quota (TRQ). - Public Notice

  10. Allocation of additional quantity of 1239 MTRV for export of sugar to USA under Tariff Rate Quota (TRQ)

  11. Allocation of quantity for export of preferential quota sugar to EU under CXL quota

  12. The HC quashed the mid-term revision of Bullion TRQ allocations under the India-UAE CEPA for FY 2024-25 by the DGFT due to violation of natural justice principles. The...

  13. Valuation of imported goods - NIDB data cannot be used to enhance the value of imported goods.

  14. This public notice allocates a quantity of 5841 MT of sugar for export from India to the European Union under the Tariff Rate Quota (TRQ) for the year 2024-25 (October...

  15. Interpretation of statute - whether "Certified Copy" prescribed for preferring an appeal could substitute "Certified Free Copy" provided u/r 50? Held: Issue dealt with...

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
A: India Updates Rules of Origin: 'Proof of Origin' Replaces 'Certificate...
A: Indian Employee Secondments Abroad Face Tax, GST Challenges: Service P...
A: New Amnesty Scheme Under Section 128A: Settle Past GST Dues Without Pe...
A: Private Limited Companies in India must file AOC-4, MGT-7, ADT-1 under...
A: Government's GST Amendments: Benefits and Criticisms on ITC and Intere...
A: Penalties Under Section 271 Require Clear Evidence: ITAT Quashes Penal...
A: UK Businessman Faces GST Challenges at Delhi Expo 2025; Refund Delayed...
A: Business Owner Faces Financial Setbacks Due to Vendor's Missed GST Pay...
A: India Becomes Leading Exporter of Rubber Tubes for Bicycles and Two-Wh...
A: India's Bearing Industry Thrives with Competitive Manufacturing, Faces...
A: India's Auto Component Exports Thrive with Government Support, Facing ...
A: Indian HVAC System Exports Surge Amid Global Demand for Advanced Vehic...
A: BIS Regulations 2018 Ensure Product Quality in India with Testing, Ins...
A: ISO 22000 Certification: Boost Food Safety, Market Access, and Reputat...
A: Non-GMO Certification Boosts Market Advantage and Consumer Trust for F...
H: Accused in Rs. 31.18 Crore Input Tax Credit Fraud Granted Bail After S...
H: Advertisement Tax Demands After GST Implementation Declared Illegal Un...
H: GST Fraud Accused Granted Bail After 54 Days in Custody Under CGST Act...
H: Time Extension for GST Show Cause Notices Challenged: Court Questions ...
H: Bail Granted in GST Case: Arrest Deemed Invalid for Non-Compliance wit...
H: Refund of Excess GST Collected by Promoter Denied as Petitioners Faile...
H: Retrospective GST Registration Cancellation Requires Proper Justificat...
H: Input Tax Credit Claims Valid Under Section 16(5) Despite Section 16(4...
H: Input Tax Credit Claims Protected by Retrospective Amendment to Sectio...
H: Income Tax Department Ordered to Process Long-Delayed Refunds by April...
H: Income Tax Reassessment Notices Quashed: AO Failed to Apply Independen...
H: Penalty Under Section 271(1)(c) Requires No Proof of Willful Concealme...
H: Delay in Filing Corrected Tax Return Should Be Condoned When Error Is ...
H: Dismissal of Review Petition: No Grounds Found as Original Order Based...
H: Machinery replacement costs deemed revenue expenditure; fly ash silos ...