AMP expenditure for own business is not an international transaction without an associated-enterprise arrangement, eliminating transfer pricing adjust...
Customs valuation must use comparable contemporary imports, while confiscation fines and penalties require proportionate recalculation on reassessed v...
Depositor-protection proceedings prevail over corporate insolvency, while liquidators may recover chit receivables using copies of seized company reco...
Intermediary service classification fails where overseas admission facilitation is supplied independently, preserving export treatment and small-provi...
Satellite transponder bandwidth is telecommunication, not Business Support Service; foreign non-telegraph providers triggered no service tax liability...
The RBI amends the Foreign Exchange Management (Export of Goods and Services) Regulations, 2015 by reducing the time limit in Regulation 9 for realisation and repatriation-related requirements from fifteen months to nine months in sub-regulation (1) and clause (a) of sub-regulation (2). The amendment is titled the Foreign Exchange Management (Export of Goods and Services) (First Amendment) Regulations, 2026 and takes effect on publication in the Official Gazette.
The RBI amends the Foreign Exchange Management (Export of Goods and Services) Regulations, 2015 by reducing the time limit in Regulation 9 for realisation and repatriation-related requirements from fifteen months to nine months in sub-regulation (1) and clause (a) of sub-regulation (2). The amendment is titled the Foreign Exchange Management (Export of Goods and Services) (First Amendment) Regulations, 2026 and takes effect on publication in the Official Gazette.
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