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...
The Foreign Contribution (Regulation) Amendment Rules, 2026 expand the definition of "key functionary" and replace multiple references to office bearers or governing-body members with that term across registration and reporting forms. They require registration to state specific purposes and States or Union territories, require new or existing associations to align their registration with the prescribed purpose list, and impose an additional fee for multiple States or purposes. The rules also restrict registration where foreign nationals, other than those of Indian origin, are key functionaries unless specially permitted, require 75% utilisation before release of later instalments, prescribe a reasonable-activity threshold for cancellation and renewal, and expand disclosure, activity-reporting, publication, donor, and scope-change requirements in the prescribed forms.
The Foreign Contribution (Regulation) Amendment Rules, 2026 expand the definition of "key functionary" and replace multiple references to office bearers or governing-body members with that term across registration and reporting forms. They require registration to state specific purposes and States or Union territories, require new or existing associations to align their registration with the prescribed purpose list, and impose an additional fee for multiple States or purposes. The rules also restrict registration where foreign nationals, other than those of Indian origin, are key functionaries unless specially permitted, require 75% utilisation before release of later instalments, prescribe a reasonable-activity threshold for cancellation and renewal, and expand disclosure, activity-reporting, publication, donor, and scope-change requirements in the prescribed forms.
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