Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
ITC (HS) 2022 Schedule-I (Import Policy) is amended to align import classifications and policy conditions with the Finance Act, 2026, with immediate effect. The amendments delete, insert, split, merge and revise specified tariff entries across food products, chemicals, pharmaceuticals, leather, pulp, steel pipes, machinery and containers. Many newly specified entries carry a Free import policy, while pseudoephedrine and norephedrine entries remain subject to the applicable chapter policy condition and lysergic acid entries require a no-objection certificate from the Narcotics Commissioner. Revised product descriptions are prescribed for selected chemical and steel-pipe classifications.
ITC (HS) 2022 Schedule-I (Import Policy) is amended to align import classifications and policy conditions with the Finance Act, 2026, with immediate effect. The amendments delete, insert, split, merge and revise specified tariff entries across food products, chemicals, pharmaceuticals, leather, pulp, steel pipes, machinery and containers. Many newly specified entries carry a Free import policy, while pseudoephedrine and norephedrine entries remain subject to the applicable chapter policy condition and lysergic acid entries require a no-objection certificate from the Narcotics Commissioner. Revised product descriptions are prescribed for selected chemical and steel-pipe classifications.
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