Cancellation of the registration of the petitioner – SCN and order fail to divulge the misdeed or fraud allegedly committed by the petitioner – Order quashed by AP High Court.
CBIC withdraws export duty on iron ore & steel products.
CBIC withdraws exemption granted for BCD and AIDC on Anthracite and PCI Coal, Coke & Semi coke and ferronickel.
As a relief to exporters of those sectors where total exports in that sector/product group has declined by more than 5% as compared to the previous year, the Average Export Obligation for the year may be reduced proportionate to reduction in exports of that particular sector/product group during the relevant year as against the preceding year. Instructions given in this regard.