A new CBIC regulation permits accredited importers to manage imported goods at their facilities, easing port congestion and supporting the ’trust first’ approach. This initiative is limited to authorized economic operators tier II and III importers
2 min read18 Feb 2025In May, revenue from import of goods shot up 12% from what was collected from imports in the same month a year ago.
1 min read1 Jun 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared