Mark-to-Market losses on principal-protected debentures are deductible as business expenditure when the obligation is crystallized under mercantile ac...
Deferred Payment of Customs Duty extended to Eligible Manufacturer Importers with electronic registration and ICEGATE authentication for conditional c...
Tariff classification determines GST schedule and rate; beverages in Schedule III attract the higher rate, tea extracts and syrups in Schedule I attra...
Fraudulent trading requires cogent evidence of intent to defraud; ordinary-course payments protected, except post-insolvency withdrawals must be resto...
Auto-trans-shipment of SEZ-bound cargo from gateway ports and airports has been enabled in ICES to digitise manual processing and reduce dwell time and demurrage. After Bill of Entry assessment, the system will generate the transshipment automatically and send it to the registered email address. Manual officer approval is no longer required, and TP need not be produced at the goods registration stage; once goods are registered, the TP copy with IRN number and document code will appear under supporting documents. The notice is to be treated as a standing order for officers and staff.
Auto-trans-shipment of SEZ-bound cargo from gateway ports and airports has been enabled in ICES to digitise manual processing and reduce dwell time and demurrage. After Bill of Entry assessment, the system will generate the transshipment automatically and send it to the registered email address. Manual officer approval is no longer required, and TP need not be produced at the goods registration stage; once goods are registered, the TP copy with IRN number and document code will appear under supporting documents. The notice is to be treated as a standing order for officers and staff.
Note: It is a system-generated summary and is for quick reference only.
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