Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
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Self-sealing permission granted to eligible exporters or merchant exporters has no prescribed validity period and remains effective unless the jurisdictional Customs authority withdraws, suspends or cancels it for non-compliance, misuse or another valid reason. Because EDI registration requires effective and expiry dates, fresh and existing registrations are extended until 31 March 2027; pending system enhancement, the FSP Cell will extend them annually without fresh approval unless otherwise directed. Where the underlying permission expressly has a validity period, renewal must be obtained from the jurisdictional Commissionerate. Changes to premises, authorised signatories or registration particulars require competent-authority approval and intimation to the FSP Cell.
Self-sealing permission granted to eligible exporters or merchant exporters has no prescribed validity period and remains effective unless the jurisdictional Customs authority withdraws, suspends or cancels it for non-compliance, misuse or another valid reason. Because EDI registration requires effective and expiry dates, fresh and existing registrations are extended until 31 March 2027; pending system enhancement, the FSP Cell will extend them annually without fresh approval unless otherwise directed. Where the underlying permission expressly has a validity period, renewal must be obtained from the jurisdictional Commissionerate. Changes to premises, authorised signatories or registration particulars require competent-authority approval and intimation to the FSP Cell.
Note: It is a system-generated summary and is for quick reference only.