Retrospective cancellation of charitable registration under section 12AB(4) was unsustainable; related-party benefit allegations did not prove nongenu...
Merger control notice and disclosure rules: Supreme Court limits penalties, rejects reopening of approved combination, and sets aside adverse findings...
Customs system has been enhanced to permit movement of goods between SEZ locations and custom bonded warehouses in both directions. For SEZ to warehouse transfers, the DTA entity or SEZ unit on its behalf must file a Bill of Entry in SEZ with the prescribed importer type, declare the warehouse code and triple duty bond, and no IGM details or duty payment is required; on submission, assessment and out-of-charge, the relevant SEZ and warehouse ledgers are debited and credited accordingly. For warehouse to SEZ transfers, the SEZ unit files a Z-type Bill of Entry with importer type W, no IGM or duty is required, the warehouse ledger is debited on submission, and goods registration and out-of-charge follow assessment and Ex Bond documentation.
Customs system has been enhanced to permit movement of goods between SEZ locations and custom bonded warehouses in both directions. For SEZ to warehouse transfers, the DTA entity or SEZ unit on its behalf must file a Bill of Entry in SEZ with the prescribed importer type, declare the warehouse code and triple duty bond, and no IGM details or duty payment is required; on submission, assessment and out-of-charge, the relevant SEZ and warehouse ledgers are debited and credited accordingly. For warehouse to SEZ transfers, the SEZ unit files a Z-type Bill of Entry with importer type W, no IGM or duty is required, the warehouse ledger is debited on submission, and goods registration and out-of-charge follow assessment and Ex Bond documentation.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4792
Join Channel
TaxTMI 
