Import Relief

Rising Imports, Computer Raids Improve GST Collection In India

Photo used for illustration purposes. Gross GST revenue collected in December 2021 was Rs.129,780 crore, 13% more than GST revenue collected in the same month of 2020 and 26% more than GST revenue in December 2019. In December 2021, income from imports was 36% higher and income from domestic transactions …

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Year 2021 – Resilient Now Never!

– Durability: The boom-bust life cycle in Pakistan seems cyclical than sustainable in the past. This is reflected in the past global commodity, political or economic shocks of 1998, 2009 and 2018 where the economy collapsed in a very short period of time. Unlike in the past, the Pakistani government …

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Penny Stock Plant Product Loss Rises Almost 1,000% in 2021

Shares of little-known edible oil maker Vegetable Products Limited have jumped 975% or 11 times in calendar year 2021. The BSE-listed penny stock has been hitting the upper circuit daily since November 25 and its filter circuit rate was revised to 5 percent from 20 percent last month. In the …

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Finance Ministry Decision Not To Impose Anti-Dumping Duties – Blurred Lines

introduction Recently, the CESTAT (‘Court‘) upheld an appeal against the decision of the Ministry of Finance rejecting the designated authority’s recommendation to impose anti-dumping duties (‘TO ADD‘) on imports of choline chloride originating in or exported from the PR of China. This decision of the Court is important because it …

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Europe faces blackouts amid energy crisis

Europe’s energy crisis worsened this week when Kosovo introduced gradual blackouts for most of its two million citizens, according to Bloomberg. Kosovo’s Power Distribution Services (KEDS) on Thursday reported two-hour power outages for 2 million people due to an “overload” of its power grid. KEDS asked customers to reduce power …

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Long-time Atty Steptoe, International Trade “Pioneer” Dies at 79

By Justin Wise (December 22, 2021, 3:01 PM EST) – Richard O. Cunningham, a distinguished international trade lawyer who spent five decades at Steptoe & Johnson LLP, where he represented clients in all areas, from negotiations government-to-government free trade lawyer in major import aid cases, has died at the age …

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New Freeport East promises benefits in Suffolk and Essex

The program will seek to develop land around Felixstowe and Harwich in tax relief areas to encourage businesses to invest in the area Author: Kaushal MenonPosted 10 hours agoLast updated 10 hours ago The much-vaunted Freeport East will become operational by the end of the year, after the UK government …

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2009-18 Export-Import: Bangladesh lost 8.27 billion dollars per year due to bad invoicing

The country lost $ 8.27 billion annually on average between 2009 and 2018 due to the mis-invoicing of the value of goods imported and exported by traders to evade taxes and move money illegally across borders. international, Global Financial Integrity (GFI) said on Thursday. The average loss of customs and …

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What’s going on with Nvidia’s 12GB RTX 2060?

It’s been almost a year since Nvidia started re-releasing older GPUs, like the GeForce RTX 2060 and GeForce GTX 1050 Ti, to help deal with the world’s great shortage of graphics cards. More recently, Nvidia has gone further by quietly launching a brand new version of the RTX 2060 that …

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NJ will help test new unemployment benefit system

New Jersey was chosen as one of two states to help the federal government try out a new system for processing claims and distributing unemployment benefits. Early next year, the Claimant Experience Pilot is expected to begin, ideally providing fair and timely access to unemployment benefits, while eliminating fraud issues …

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