India: Payments to Belgian entities not taxable as fees for technical services
Recently, the Ahmedabad Bench of the Income-tax Appellate Tribunal in the case of: ITO v. Cadila Health Care Ltd 78, decided that the payments made to Belgian entities are not taxable as “Fees for Technical Services (FTS)” in view of Most
See MoreKazakhstan: Decree No. 56 amends to specific customs levies
The Governmental Decree No. 56 of 13th February 2017 amends provisions on the specific customs levies that apply in addition to customs duties. For the first customs declaration, specific customs duties of KZT 25,000 apply and then KZT 11,000 for
See MorePGA Highlights: February 2017
In the United States the following events have taken place under the several PGA during the month of February 2017. Agencies Summary Federal Register Importer of controlled substances application: The registered bulk manufacturers of the
See MorePGA Highlights: January 2017
In the United States the following events have taken place under the several PGA during the month of January 2017. Agencies Summary Federal Register Delay of effective date for TSCA import certification process revisions: The U.S. Customs and
See MoreCanada: Trump Import Tariffs impact
The US President gave warning of raised import tariffs on Mexican exports to the United States. He also made an indication that Canadian exports could be subject to the same tax treatment. He said that he would impose 35% import tariff from
See MoreKenya: Government has banned the exportation of maize
The Kenya Revenue Authority has been issued a public notice on 26 January 2017 to inform all exporters, customs agents and the general public that the government prohibited the exportation of maize until further
See MorePGA Highlights: December 2016
In the United States the following events have taken place under the several PGA during the month of December 2016. Agencies Summary Federal Register Importing certain vehicles and engines under Clean Air Act: This document amends the U.S. CBP
See MoreChina: Adjustments to tariff items
On 19 December 2016, the Customs Tariff Commission of the State Council issued the adjustments to the tariffs in 2017. The new plan comes into force on 1 January 2017. According to the plan, the number of items to be taxed in 2017 will reach 8,547.
See MoreBulgaria: Amendments to Excise Duties and Tax Warehouses Act gazetted
The amendments to the Excise Duties and Tax Warehouses Act (EDTWA) have been gazetted on 6th December 2016. An overview of the amendments is given below: Administrative simplifications of various procedures Starting from 1st January 2017, a
See MorePGA Highlights: November 2016
In the United States the following events have taken place under the several PGA during the month of November 2016. Agencies Summary Federal Register Export-Import rules revisions for hazardous waste: The Environmental Protection Agency (EPA)
See MoreWTO publishes latest issue of World Tariff Profiles
On 2 November 2016 the World Trade Organization (WTO) issued the latest expanded edition of its annual publication World Tariff Profiles. This publication provides tariff and non-tariff information on more than 170 economies worldwide and is issued
See MorePGA Highlights: October 2016
In the United States the following events have taken place under the several PGA during the month of October 2016. Agencies Summary Federal Register NAFTA: Applications for inclusion on the Chapter 19 Roster: The Office of the United States
See MorePGA Highlights: September 2016
In the United States the following events have taken place under the several PGA during the month of September 2016. Agencies Summary Federal Register Application to export electric energy: Rassini Energy Project, LLC (Applicant or REP) has
See MorePGA Highlights: August 2016
In the United States the following events have taken place under the several PGA during the month of August 2016. Agencies Summary Federal Register Submission of questionnaire for OMB review: Notice of submission of request for approval of a
See MorePGA Highlights: July 2016
In the United States the following events have taken place under the several PGA during the month of July 2016. Agencies Summary Federal Register Eligibility of Namibia to export meat products to the US: The Food Safety and Inspection Service
See MoreWTO: Landlocked developing countries and world trade
The fifth meeting of ministers of landlocked developing countries (LLDCs) was held on 23 June 2016. Trade is a driver of inclusive growth and is key to achieving the Sustainable Development Goals. However the LLDCs face very high trade costs that
See MorePGA Highlights: June 2016
In the United States the following events have taken place under the several PGA during the month of June 2016. Agencies Summary Federal Register Application to use the Automated Commercial Environment: The U.S. Customs and Border Protection
See MoreUK: Customs Information Paper on Exit from the EU
HMRC has issued Customs Information Paper 42 (2016) in relation to the referendum vote to leave the European Union (EU). The paper clarifies that there will be no immediate change to the movement of goods in or out of the UK. Until Article 50
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