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Understanding Section 74 Refunds: Customs Act 1962
Refund under Section 74 of the Customs Act, 1962 allows importers to claim a refund of customs duty paid on goods that are later re-exported. This process helps businesses recover up to 98% of the duty. SKMC Global assists with documentation, filing, and refund processing.
https://www.skmcglobal.com/blog/refund-under-section-74-of-the-customs-act-1962
29 Views Business, International Business and Trade, Import and Export Services - More Details
Mutual Recognition Agreements and AEO Certification: An Indian Perspective
SKMC Global examines India's AEO program and Mutual Recognition Agreements (MRAs) per the Customs Act, focusing on their legal and operational advantages.
https://www.skmcglobal.com/blog/how-mutual-recognition-agreements-augment-aeo-certification-a-leg...
63 Views Business, International Business and Trade, Trade Compliance and Regulations - More Details
Why SVB Registration is Essential for Related Party Imports in India
Multinational companies importing from related parties in India need Special Valuation Branch (SVB) Registration per the 1962 Customs Act to ensure transparent valuation.
https://www.skmcglobal.com/blog/why-svb-registration-is-essential-for-related-party-imports-in-india
76 Views Business, International Business and Trade, Trade Compliance and Regulations - More Details
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