In a major boost to cross-border MSME trade, RBI has streamlined the reconciliation of export and import bills.

CESTAT Chennai held that the impugned order is liable to be set aside since declared assessable value of imported black pepper accepted. Accordingly, the appeal is allowed and penalties-imposed u/s.

EDPMS and IDPMS are RBI's digital platforms linking Customs and banks to monitor all export earnings and import payments in real time for FEMA compliance and forex ...

Indian authorities are investigating Adani Enterprises' defence unit for evading import taxes on components used to make ...