Amendment to Appendix 2T of FTP 2023 by DGFT: Changes to Export Promotion Councils/Commodity Boards/Export Development Authorities

The DGFT issued Public Notice No. 23 /2023 dated July 31, 2023, under the Foreign Trade Policy 2023, has introduced amendments to Appendix 2T.

AYUSH Export Promotion Council (AYUSHEXCIL) is now included as Sl. No. 39, authorized to issue Registration-Cum-Membership Certificates (RCMC) for specified items.

This inclusion results in amendments for Basic Chemicals, Cosmetics & Dyes EPC (CHEMEXCIL) and Pharmaceuticals Export Promotion Council (PHARMEXCIL) at Sl. No. 2 and 17.

The RCMCs by CHEMEXCIL & PHARMEXCIL for the newly allocated items will remain valid until expiry.

The update facilitates AYUSHEXCIL’s immediate RCMC issuance for designated items, alongside revised product jurisdiction for CHEMEXCIL & PHARMEXCIL.

The Complete Public Notice can be accessed at: https://egazette.gov.in/WriteReadData/2023/247739.pdf

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πŸ“’ FREE Webinar on β€œBlockchain and Virtual digital asset with overall taxation implications including GST” by CA Riddhi Jain & Adv (CA) Bimal Jain

πŸ”– TOMORROW is the LAST Day !! Register Now !!

πŸ”– A2Z Academy is Organizing a FREE Webinar On:

πŸ“’“Blockchain and Virtual digital asset with overall taxation implications including GST”

πŸ—“οΈ Date: August 04, 2023, Friday

⏰ Time: 8:00 PM to 9:00 PM (IST)

🎀 Speakers:

πŸ‘¨πŸ»β€πŸ« CA Riddhi Jain
Expert in Crypto Currency

πŸ‘¨πŸ»β€πŸ« CA (Adv) Bimal Jain
Chairman of Indirect & GST Committee of PHD Chamber of Commerce

Registration Link πŸ”—:Β 

https://zoom.us/webinar/register/WN_Kbvufgm6TyW-avGx6_3mfw

Coverage:

  • πŸ“ What is Block chain technology and Virtual digital assets?
  • πŸ“ What is the current legal status of virtual digital assets in India?
  • πŸ“ What is Income Tax implication on virtual digital assets in India?
  • πŸ“ How does the taxation of virtual digital assets differ from that of traditional financial assets?
  • πŸ“ How are virtual digital assets classified for taxation purposes under GST?
  • πŸ“ What is the GST rate applicable to the sale of virtual digital assets?
  • πŸ“ Are there any exemptions or special provisions for virtual digital assets under the GST?
  • πŸ“ How do crypto exchanges and other intermediaries comply with GST regulations?
  • πŸ“ Q&A and open discussion

Limited seats available

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