Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
The notification implements the first tranche of tariff concessions under the India-UK CETA for goods imported into India from the United Kingdom. It caps basic customs duty, Agriculture Infrastructure and Development Cess, and, where applicable, Health Cess at the preferential rates specified across Tables I and II. Table III provides tariff-rate quota treatment for specified completely built motor vehicles, applying distinct in-quota and out-of-quota duty rates. Preferential treatment requires the importer to establish UK origin under applicable trade-agreement origin rules. TRQ benefits require electronic authorisation and electronic quota debit through the customs system. The notification takes effect on 15 July 2026.
The notification implements the first tranche of tariff concessions under the India-UK CETA for goods imported into India from the United Kingdom. It caps basic customs duty, Agriculture Infrastructure and Development Cess, and, where applicable, Health Cess at the preferential rates specified across Tables I and II. Table III provides tariff-rate quota treatment for specified completely built motor vehicles, applying distinct in-quota and out-of-quota duty rates. Preferential treatment requires the importer to establish UK origin under applicable trade-agreement origin rules. TRQ benefits require electronic authorisation and electronic quota debit through the customs system. The notification takes effect on 15 July 2026.
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