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Accounting and Auditing in India – The past, present and future
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As It Was, Is and May Be
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VAT/GST: A frightening but fascinating future-world…!
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Legal Considerations for Start-Ups – Are you overlooking some?
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A voluntary organisation established on 6th July 1949, BCAS has presently more than 9,000 members from all over the country. BCAS is a principle-centered and learning-oriented organisation promoting quality service and excellence in the profession of Chartered Accountancy.
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April 2016

A. P. (DIR Series) Circular No. 53 dated March 03, 2016

By Gaurang Gandhi Chartered Accountant

Reading Time 1 mins

Grant of EDF Waiver for Export of Goods Free of Cost

Presently, Status Holder exporters can export, free of coat, freely exportable items for export promotion annually up to Rs 10 lakh or 2% of average annual export realization during preceding three licensing years, whichever is higher.

This circular now provides that Status Holder exporters can export, free of coat, freely exportable items for export promotion annually up to Rs 10 lakh or 2% of average annual export realization during preceding three licensing years, whichever is lower.

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April 2016

A. P. (DIR Series) Circular No. 53 dated March 03, 2016

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Notification No.FEMA.362/2016-RB dated February 15, 2016

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April 2016

A. P. (DIR Series) Circular No. 53 dated March 03, 2016

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Notification No.FEMA.362/2016-RB dated February 15, 2016

Narendra Modi, Mark II