SVB investigations are usually applicable for all the imports undertaken from the related supplier. However, in the following cases, the SVB investigation is exempted: Import of prototypes and samples ...

Customs duty is the buzzword whenever we discuss imports. Levy of customs duty has been the key for the government to protect the domestic industry while also reducing India’s dependency on imports.

Many people opt for Limited Liability Partnerships (LLPs) to benefit from lesser compliance while limiting their liabilities. However, as the business operations expand, incorporating a private ...

Internal Audit, today, have become more than just a compliance necessity; they are a strategic imperative for driving organizational excellence. By systematically evaluating internal processes, ...

What is NBFC in Simple Terms? A Non-Banking Financial Company (NBFC) is akin to a banking company and engaged in the business of providing loans, accepting deposits (only certain NBFCs), leasing, hire ...

Exports of certain commodities may require special approval or license. SCOMET lists down a few such items. SCOMET is an acronym for Special Chemicals, Organisms, Materials, Equipment, and Technology ...

Independent organizations that work for social and charitable purposes are called as Non-Governmental Organizations (NGOs). In order to facilitate them in contributing to the greater good, the ...

It is akin to a company-wide system to ensure checks and balances IFC Audit is mandatory for all the listed companies in India IFC Audit ensures that the overall operations of the company are in line ...

Before proceeding with the certification, check whether the electronic product you are dealing with has a mandatory EPR certification requirement. You can refer the Schedule-I for the electronic ...

The Special Valuation Branch (SVB Custom) has been established to Investigate the Valuation of Goods Imported by an Indian party from its related foreign supplier. When the Indian importer imports ...

In a significant ruling, the Madras High Court has addressed a crucial question regarding the roles of the Jurisdictional Assessing Officer (JAO) and the Faceless Assessing Officer (FAO) under the ...

On the pride occasion of our 79th Independence Day, our honorable Prime Minister of India, Shri Narendra Modi mentioned about the transformative role of the Goods and Services Tax (GST) since it was ...