Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
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The Standard Input Output Norms for Chemical and Allied Products under Export Product Group A are revised with immediate effect. SION-A1090, A1794 and A1827 are updated for caustic soda flakes/solid, gelatine and ossein, while SION-A3105 to A3107 are revised for multiple chlorinated paraffin variants by prescribing fresh input-output ratios for paraffin, chlorine and relevant stabiliser. The amendments replace the earlier norms set out for those entries and apply immediately for export-import entitlement and related compliance under the Foreign Trade Policy 2023.
The Standard Input Output Norms for Chemical and Allied Products under Export Product Group A are revised with immediate effect. SION-A1090, A1794 and A1827 are updated for caustic soda flakes/solid, gelatine and ossein, while SION-A3105 to A3107 are revised for multiple chlorinated paraffin variants by prescribing fresh input-output ratios for paraffin, chlorine and relevant stabiliser. The amendments replace the earlier norms set out for those entries and apply immediately for export-import entitlement and related compliance under the Foreign Trade Policy 2023.
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