Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
DGFT has ordered a review of wheat flour and related product export quotas already allocated under earlier public notices, and exporters must submit utilisation certificates, shipping bill details, and any request for additional or surrendered quantity with justification and supporting contracts or purchase orders by 10 July 2026. Requests for additional quantity filed only outside the portal, without the required documents, or after the deadline will be rejected. Allocations with more than 50% utilisation may be considered for further re-allocation, while allocations with less than 50% utilisation may be moved to the common pool unless valid export contracts or purchase orders are produced. Non-submission may lead to reallocation of unutilised quota and restriction on future authorisations.
DGFT has ordered a review of wheat flour and related product export quotas already allocated under earlier public notices, and exporters must submit utilisation certificates, shipping bill details, and any request for additional or surrendered quantity with justification and supporting contracts or purchase orders by 10 July 2026. Requests for additional quantity filed only outside the portal, without the required documents, or after the deadline will be rejected. Allocations with more than 50% utilisation may be considered for further re-allocation, while allocations with less than 50% utilisation may be moved to the common pool unless valid export contracts or purchase orders are produced. Non-submission may lead to reallocation of unutilised quota and restriction on future authorisations.
Note: It is a system-generated summary and is for quick reference only.
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