TradeLane

“As of March 9^th, 2022, this license does not authorize export or re-export of controlled items to parties located in the Russia Federation. For additional information, please see suspension letter dated March 2^nd, 2022”

India is aggressively working with various countries and economic unions on Free Trade Agreements (FTA). Notwithstanding the benefits, compliance around the utilization has to be robust. We encourage traders to optimize the utilization of FTAs to reduce the duty impact while maintaining proper compliance requirements. If you have any queries on how the latest FTA may impact or benefit your organization, please reach out to our trade compliance consultant professionals at Tradewin India.

Pursuant to the introduction of CAROTAR, 2020, there were several difficulties that were being faced by legitimate importers resulting in delay or denial of preferential duty benefits available under Free Trade Agreements.

The cost of importing upholstered domestic seating just increased significantly with provisional tariffs of up to 295.5%.

What used to be a tedious manual way of filing a review application for many traders has now finally shifted online.