Revisional power in block assessment upheld, undisclosed search income sustained, freight suppression addition restored, accrued lorry hire liability ...
Reassessment and fee-for-technical-services classification: reopening upheld, but certain reimbursements and mobilization charges fell outside treaty ...
Section 80P deduction for co-operative societies remains available despite nominal members and housing society status, with limited interest income tr...
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The import policy for Chapters 74 and 76 is amended to require NFMIMS registration for copper and aluminium imports by submission of advance online information and payment of the prescribed fee, with the registration application now permitted up to final Customs clearance or 'Out of Charge'. The application may still be filed no earlier than 60 days before expected arrival, and the automatic registration number remains valid for 75 days. The change relaxes the timing of registration and facilitates import clearance.
The import policy for Chapters 74 and 76 is amended to require NFMIMS registration for copper and aluminium imports by submission of advance online information and payment of the prescribed fee, with the registration application now permitted up to final Customs clearance or 'Out of Charge'. The application may still be filed no earlier than 60 days before expected arrival, and the automatic registration number remains valid for 75 days. The change relaxes the timing of registration and facilitates import clearance.
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