Co-operative credit society deduction on bank deposit interest upheld where funds were business funds and income remained attributable to member credi...
Transfer pricing benchmarking and receivables adjustments remanded: segmental financials need proper scrutiny, and foreign-currency interest must trac...
Goods imported into India for display or use at specified events under the India-UK Comprehensive Economic and Trade Agreement are exempt from basic customs duty and integrated tax, subject to re-export and specified conditions. The importer must file a declaration at Bill of Entry stage, execute a bond and security, and keep the goods identifiable and at the event location unless permitted otherwise. The goods must be re-exported within six months of clearance, though certain government and diplomatic imports may receive extensions up to two years. The goods may also be entered for home consumption before expiry on payment of applicable duties and interest.
Goods imported into India for display or use at specified events under the India-UK Comprehensive Economic and Trade Agreement are exempt from basic customs duty and integrated tax, subject to re-export and specified conditions. The importer must file a declaration at Bill of Entry stage, execute a bond and security, and keep the goods identifiable and at the event location unless permitted otherwise. The goods must be re-exported within six months of clearance, though certain government and diplomatic imports may receive extensions up to two years. The goods may also be entered for home consumption before expiry on payment of applicable duties and interest.
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