Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
Employee conflict disclosures and investment restrictions expand with new recusal duties, post-employment limits, and compliance reporting requirement...
DGFT proposes aligning Schedule-II (Export Policy) of ITC (HS), 2022 with Finance Act, 2026 amendments to HS codes, product descriptions and chapter notes, and has invited stakeholder comments within 7 days. The notice places proposed changes before exporters, industry associations and experts for consultation under FTP 2023 Para 1.07A. The annexures set out wide-ranging tariff revisions across multiple chapters, including substitutions, insertions and revised export conditions, which will inform the updated export policy classification framework once finalised.
DGFT proposes aligning Schedule-II (Export Policy) of ITC (HS), 2022 with Finance Act, 2026 amendments to HS codes, product descriptions and chapter notes, and has invited stakeholder comments within 7 days. The notice places proposed changes before exporters, industry associations and experts for consultation under FTP 2023 Para 1.07A. The annexures set out wide-ranging tariff revisions across multiple chapters, including substitutions, insertions and revised export conditions, which will inform the updated export policy classification framework once finalised.
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