Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Companies may file Form DPT-3 for financial year 2025-2026 without additional fees up to 31 July 2026, despite the normal due date of 30 June 2026. The relaxation applies because capacity enhancement and restoration work at the data centre is being carried out after a fire incident on 5 June 2026. The circular grants a limited filing concession only for the additional fee on delayed DPT-3 submissions for the stated period.
Companies may file Form DPT-3 for financial year 2025-2026 without additional fees up to 31 July 2026, despite the normal due date of 30 June 2026. The relaxation applies because capacity enhancement and restoration work at the data centre is being carried out after a fire incident on 5 June 2026. The circular grants a limited filing concession only for the additional fee on delayed DPT-3 submissions for the stated period.
Note: It is a system-generated summary and is for quick reference only.