Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Joint development agreements defer taxable transfer where possession lacks part performance, while completed flats determine consideration and exempti...
Passenger baggage re-export requires true declaration and cannot be granted indirectly through discretionary redemption of undeclared prohibited goods...
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.
Note: It is a system-generated summary and is for quick reference only.
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