Market value for captive electricity consumption follows industrial consumer tariffs, supporting profit computation for the power generation deduction...
Provisional release of seized imports requires enhanced duty payment, bank guarantee and disclosures while customs adjudication proceeds independently...
Trade-promotion bodies may qualify as institutions advancing an object of general public utility where their dominant purpose is charitable. Activities such as organising events, sharing knowledge, educating members, encouraging the trade and representing industry interests can benefit both members and the public; incidental member benefit does not by itself negate charitable character. The material also explains that registration under section 12AA requires documents demonstrating the creation and existence of the institution, but does not necessarily require a registered trust deed or prior registration with a Charity Commissioner. Registration scrutiny focuses on the institution's objects and the genuineness of its activities.
Trade-promotion bodies may qualify as institutions advancing an object of general public utility where their dominant purpose is charitable. Activities such as organising events, sharing knowledge, educating members, encouraging the trade and representing industry interests can benefit both members and the public; incidental member benefit does not by itself negate charitable character. The material also explains that registration under section 12AA requires documents demonstrating the creation and existence of the institution, but does not necessarily require a registered trust deed or prior registration with a Charity Commissioner. Registration scrutiny focuses on the institution's objects and the genuineness of its activities.
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