CESTAT Delhi held that FOB value is the transaction value and customs officer has no right to interfere/ modify the FOB value of the goods. Thus, appeal of exporter’s allowed and order set aside.

Incoterms Explained EXW (Ex Works): Seller provides goods at their premises; buyer assumes all costs and risks from there. FCA (Free Carrier): Seller delivers goods to the buyer’s chosen carrier ...

“Explain it like I’m five” is one of the most common prompts people give ChatGPT. Whether it’s inflation, car engines, or the internet, it’s great at breaking things down. Not just into ...

The EU abolished tariffs between its member states when the customs union was created in 1968. Goods imported to the EU from the rest of the world are subject to tariffs that follow the rules and ...

"Services should be relatively resilient, and consumers (already) spend more on services than on goods," she explained. In February, Taiwanese computer hardware company Acer announced that the ...

The 2024 Bill proposed allowing a non-Muslim Chief Executive Officer, and at least two non-Muslim members to be appointed by state governments to their state’s waqf board. The Joint Parliamentary ...

British universities are facing a mounting financial crisis, driven by a significant decline in international student enrolment across multiple countries. As the second-largest source of overseas ...

The conflict between Israel and Palestinians — and other groups in the Middle East — goes back decades. These stories provide context for current developments and the history that led up to them.

Newtopia is a unique fun ride through a zombie apocalypse. What's the reason behind the virus outbreak, and how humanity manages to save itself through the calamity, is not the point of this Amazon ...

“Solutions that run on AI models should be designed in a way that the user of the solution can explain why the solution is making certain decisions […] to internal audit, external audit, regulators, ...