Import allocation restrictions for rough marble require authorised importers to report monthly and face penalties for misrepresentation. Allocation of import quantities of Rough Marble and Travertine Blocks for FY 2014-15 distributes eight lakh metric tonnes among 472 applicants; Regional Authorities will issue import authorisations from 9th to 15th January 2015. Applicants making false declarations face forfeiture of allocation, debarment from future allocations, and statutory penal liability. Authorisation holders must file monthly import returns with the relevant Regional Authority by the 15th day of the succeeding month, as a mandatory compliance requirement under the governing notification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Import allocation restrictions for rough marble require authorised importers to report monthly and face penalties for misrepresentation.
Allocation of import quantities of Rough Marble and Travertine Blocks for FY 2014-15 distributes eight lakh metric tonnes among 472 applicants; Regional Authorities will issue import authorisations from 9th to 15th January 2015. Applicants making false declarations face forfeiture of allocation, debarment from future allocations, and statutory penal liability. Authorisation holders must file monthly import returns with the relevant Regional Authority by the 15th day of the succeeding month, as a mandatory compliance requirement under the governing notification.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
