Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
DGFT amends Para 2.92 and Appendix-2A of the Handbook of Procedure 2023 to notify TRQ allocation procedures and import quotas under India-UK CETA. It introduces annual import TRQs for ICE passenger cars, electric/hybrid/hydrogen passenger cars, and ICE goods vehicles, with specified quota sizes, in-quota and out-of-quota duty rates, and applicable HS codes. Imports are subject to the relevant Department of Revenue notification, UK certificate of origin, online application through DGFT, eligibility limited to OEMs and authorised dealers/channel partners, proportional allocation where applications exceed available quantity, electronic debit through ICES, validity limits, monitoring, and review after two years.
DGFT amends Para 2.92 and Appendix-2A of the Handbook of Procedure 2023 to notify TRQ allocation procedures and import quotas under India-UK CETA. It introduces annual import TRQs for ICE passenger cars, electric/hybrid/hydrogen passenger cars, and ICE goods vehicles, with specified quota sizes, in-quota and out-of-quota duty rates, and applicable HS codes. Imports are subject to the relevant Department of Revenue notification, UK certificate of origin, online application through DGFT, eligibility limited to OEMs and authorised dealers/channel partners, proportional allocation where applications exceed available quantity, electronic debit through ICES, validity limits, monitoring, and review after two years.
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