Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
SEZ Units and Developers are now exempt from QCOs issued under the BIS Act, 2016 for import of all permissible goods needed for authorised operations within SEZs, including raw materials, components, consumables, spares and capital goods, in line with the SEZ Act, 2005 and Rule 27 of the SEZ Rules, 2006. The exemption applies only to use within the SEZ; any removal, transfer or clearance of imported goods, or goods made from them, into the Domestic Tariff Area must comply with applicable QCOs, BIS requirements and other laws in force at the time of clearance. An undertaking must be furnished to the Development Commissioner at import.
SEZ Units and Developers are now exempt from QCOs issued under the BIS Act, 2016 for import of all permissible goods needed for authorised operations within SEZs, including raw materials, components, consumables, spares and capital goods, in line with the SEZ Act, 2005 and Rule 27 of the SEZ Rules, 2006. The exemption applies only to use within the SEZ; any removal, transfer or clearance of imported goods, or goods made from them, into the Domestic Tariff Area must comply with applicable QCOs, BIS requirements and other laws in force at the time of clearance. An undertaking must be furnished to the Development Commissioner at import.
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