Liquidator appointment under Section 34 requires consideration of creditor recommendations, valid professional authorisation, and preservation of vali...
Income-tax exemption for specified regulatory fees and government grants applies subject to non-commercial activity and continuing compliance conditio...
Digital accessibility audit and remediation deadlines extended, while all other disability-compliance obligations for regulated entities remain unchan...
Notification No. 24/2005-Cus. requires a direct nexus between the imported goods and manufacture of the specified final products for exemption under Sl. No. 39. Read harmoniously, the entry covers consumables, raw materials, components and inputs consumed in or incorporated into final products; it does not extend to capital goods, machinery, accessories or replacement spares used to maintain production equipment. Separate notification entries and the EPCG scheme address capital goods. Decisions under differently worded notifications or schemes do not govern this interpretation. Accordingly, spare parts for capital goods used to manufacture printed circuit boards are not eligible for the claimed basic customs duty exemption.
Notification No. 24/2005-Cus. requires a direct nexus between the imported goods and manufacture of the specified final products for exemption under Sl. No. 39. Read harmoniously, the entry covers consumables, raw materials, components and inputs consumed in or incorporated into final products; it does not extend to capital goods, machinery, accessories or replacement spares used to maintain production equipment. Separate notification entries and the EPCG scheme address capital goods. Decisions under differently worded notifications or schemes do not govern this interpretation. Accordingly, spare parts for capital goods used to manufacture printed circuit boards are not eligible for the claimed basic customs duty exemption.
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