DGFT – Policy Circular No. 1/2025-26 dated 15.07.2025
Directorate General of Foreign Trade (DGFT) issued Policy Circular no. 1/2025-26 dated 15.07.2025 giving Clarification on Export of “Organic Textiles”.
Tag: export of goods
DGFT Notif. 15/2025-26 dt 26.05.2025
DGFT issued Notification No. 15/2025-26 dated 26.05.2025 regarding Removal of Port Restrictions and Testing Requirements for Export of Finished Leather, Wet Blue Leather, El Tanned Leather and Crust Leather
Gujarat High Court sent case back to reconsider refund request as per CBIC’s circular on adjusted total turnover calculation
The Hon’ble Gujarat High Court in the case of Kashi Exports disposed of the petition where the Assessee was exporting goods under LUT was paid refund of unutilized accumulated ITC as per the Rules 89(4)of the CGST Rules, during pendency of petition, clarification issued on manner of calculation of Adjusted Total Turnover consequent to Explanation (c) inserted in Rule 89(4) of the CGST Rules. Hence, the refund application was to be reconsidered.