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Informative

DGFT Notifies SION for Export Product “Acetyl Salicylic Acid 75 mg Film-Coated Tablets” Under Chemical & Allied Product Group ‘A’

Update / Judgement Date

09 Sept 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Excise, VAT & CustomInternational Taxation

The DGFT has clarified the "applicability of MIP on virgin multi-layer paper board imports." The move is a significant step towards a more user-friendly and less intrusive tax environment, is aimed at promoting tax compliance while being sensitive to the practical difficulties faced by businesses. This is a crucial reminder to all businesses that they must be diligent in their dealings.