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Global Tax Masters

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Boutique tax consulting firm with deep expertise in import and export trade and regulatory matters.

15/08/2026

Happy 79th Independence Day, India!

As we celebrate our freedom, let’s also celebrate the incredible journey India has taken over the past few decades.

From ISRO’s remarkable achievements and reaching the Moon 🌙🚀 to the rapid growth of our manufacturing sector, India has emerged as a nation of innovation, ambition and resilience.

Make in India — strengthening domestic manufacturing and encouraging global investment.
🚀 ISRO & Space Technology — taking Indian science and technology to the world.
🏭 Manufacturing Growth — building stronger capabilities across automobiles, electronics, pharmaceuticals and more.
💻 Digital India — transforming how India works, connects and does business.
🌎 Growing Global Presence — strengthening India’s role in global trade, technology and the world economy.
⚡ Atmanirbhar Bharat — moving towards a more self-reliant and resilient India.

Our journey is far from over. The next few decades can be even more transformative.

Let’s continue to innovate, manufacture, create and contribute towards building a stronger and more prosperous India. 🇮🇳

Proud to be Indian. Proud of our Nation.

Wishing you and your family a very Happy Independence Day! ❤️

11/08/2026

Congratulations to United Van Der Horst Limited on the successful registration of their Taloja MIDC, Maharashtra manufacturing facility under the MOOWR Scheme!
We’re proud that Global Tax Masters Pvt Ltd completed the entire registration process ahead of timeline, helping the company unlock:
✅ ZERO Customs Duty
✅ ZERO IGST
on eligible imports under the MOOWR Scheme.

We wish UVDHL continued growth and success in the years ahead.

To explore how the MOOWR Scheme can benefit your manufacturing unit,
visit: www.globaltaxmasters.in

05/08/2026

💰 Understanding Import Duties Starts with Understanding the Basics.

When importing goods into India, it's important to know the difference between:

✔ BCD (Basic Customs Duty)
✔ SWS (Social Welfare Surcharge)
✔ IGST (Integrated Goods & Services Tax)
✔ Anti-Dumping Duty (ADD)

Each duty serves a different purpose and directly impacts your landed cost, customs compliance, and import planning.

Knowing how these duties apply can help businesses avoid surprises and make informed import decisions.

Need expert guidance on Customs duty, import compliance, MOOWR, or any other duty Saving Schemes?

📞 8797010203
📧 [email protected]
🌐 www.globaltaxmasters.in

27/07/2026

Assam is fighting one of its toughest battles—not against an enemy, but against nature. 💙🌧️

Thousands of families have lost their homes, livelihoods, and loved ones. At times like these, prayers are important, but so is action.

Every donation, every helping hand, and every act of kindness can bring hope to someone in need.

Let's stand together for Assam. Because humanity is strongest when we stand united. 🙏❤️

17/07/2026

⚠️ Small Customs Mistakes Can Lead to Big Losses!

Even a minor error in your import documentation or customs declaration can result in shipment delays, penalties, higher duty, or unnecessary compliance issues.

Avoid these 5 common customs mistakes and keep your imports smooth and compliant.

✔ Correct Documentation
✔ Accurate HSN Classification
✔ Proper Customs Valuation
✔ Compliance with Import Regulations
✔ Timely Record Keeping

A little attention today can save your business significant time and money tomorrow.

Need expert assistance with Customs Complianc?

📞 8797010203
📧 [email protected]
🌐 www.globaltaxmasters.in

10/07/2026

What is ICEGATE Registration?

ICEGATE (Indian Customs Electronic Gateway) is the official online portal of Indian Customs that enables importers, exporters, customs brokers, and logistics partners to file customs documents electronically.

Why is it important?
✅ Online filing of Customs documents
✅ Faster Customs clearance
✅ Real-time tracking of shipments
✅ Secure and paperless transactions
✅ Mandatory for smooth Import-Export operations

Whether you're starting your import-export journey or expanding your business globally, ICEGATE registration is a key compliance requirement.

Need assistance with ICEGATE Registration, IEC, AD Code, or Customs Compliance?

📞 8797010203
📧 [email protected]
🌐 www.globaltaxmasters.in

02/07/2026

What is AD Code ?

AD Code (Authorised Dealer Code) is a 14-digit code issued by your bank (Authorised Dealer) and linked to your IEC for processing import-export transactions through Customs.

✅ Required for Customs Clearance
✅ Linked with your IEC & Bank Account
✅ Mandatory for Shipping Bills and Bill of Entry
✅ Ensures smooth import-export operations

Need help with AD Code Registration or other Import-Export compliances?

📞 8797010203
📧 [email protected]
🌐 www.globaltaxmasters.in

28/06/2026

What is an Import Export Code (IEC)?

The Import Export Code (IEC) is a 10-digit registration issued by the Directorate General of Foreign Trade (DGFT). It is the primary registration required for businesses to import or export goods and services from India.

Why is IEC important?
✅ Mandatory for import and export activities
✅ Required for customs clearance of goods
✅ Essential for international trade transactions
✅ Needed to avail benefits under various export promotion schemes
✅ Valid for a lifetime with no renewal requirement

Need assistance with IEC Registration?

📞 8797010203
📧 [email protected]
🌐 www.globaltaxmasters.in

Follow Global Tax Masters for regular updates on Import-Export, Customs, Foreign Trade, MOOWR, Export Incentives, and Duty Saving Schemes.

25/06/2026

Planning to start importing in India?

Make sure your documentation is in place first.

In this post, we’ve covered 7 essential documents required to start importing in India — from IEC and AD Code to ICEGATE registration, GST registration, and more.

If you are a manufacturer, importer, or business planning to import machinery / raw materials / finished goods, getting these basics right is the first step towards smooth and compliant imports.

Need help with IEC / AD Code / ICEGATE / Import Export compliance?
📩 DM us or call us on 8797010203.

23/06/2026

India tightens trade protection measures.

The Government has imposed / extended anti-dumping duties on multiple products including Sulphenamides accelerators, Aluminium foil and PET resin to curb unfair imports and protect domestic industry.

For importers and manufacturers, such changes can directly impact:
• Landed cost calculations
• Vendor sourcing decisions
• Customs planning
• Trade compliance strategy

At Global Tax Masters, we continuously track key developments in Customs and Foreign Trade to help businesses make informed decisions and remain compliant.

📞 8797010203
📩 [email protected]
🌐 www.globaltaxmasters.in

News Source: Business Standard, 23 June, 2026.

Address

Erandwane
Pune
411004

Opening Hours

Monday	10am - 6pm
Tuesday	10am - 6pm
Wednesday	10am - 6pm
Thursday	10am - 6pm
Friday	10am - 6pm
Saturday	10am - 6pm

Website

http://www.saveduty.com/, http://www.importexportconsultant.com/, https://www.moowrscheme.com/

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