Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
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Imported goods held up by Customs or statutory processes should trigger early intimation to the importer or Customs Broker about the Section 49 storage facility, with custodians/CFSs issuing reminders where goods remain uncleared and maintaining records. Applications under Section 49 are to be examined expeditiously, with prompt grant where no impediment exists and consultation with other authorities where required; reasons for refusal must be recorded and communicated. The notice also standardises issuance of detention/demurrage waiver certificates after verification, including the relevant period, reasons and status details. It creates no automatic right to waiver or Section 49 relief and does not alter Section 48 procedures for uncleared goods.
Imported goods held up by Customs or statutory processes should trigger early intimation to the importer or Customs Broker about the Section 49 storage facility, with custodians/CFSs issuing reminders where goods remain uncleared and maintaining records. Applications under Section 49 are to be examined expeditiously, with prompt grant where no impediment exists and consultation with other authorities where required; reasons for refusal must be recorded and communicated. The notice also standardises issuance of detention/demurrage waiver certificates after verification, including the relevant period, reasons and status details. It creates no automatic right to waiver or Section 49 relief and does not alter Section 48 procedures for uncleared goods.
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