International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Joint development agreements defer taxable transfer where possession lacks part performance, while completed flats determine consideration and exempti...
Passenger baggage re-export requires true declaration and cannot be granted indirectly through discretionary redemption of undeclared prohibited goods...
Seven new Standard Input Output Norms under the Chemical and Allied Products group prescribe permitted import inputs and quantities for specified export products, including theophylline, liraglutide injection, lumefantrine, meropenem formulations and ophthalmic solutions. The norms specify relevant bulk drugs, chemicals and sterile bulk materials as allowable inputs; for ophthalmic solutions, bulk-drug content must conform to the Drug Manufacturing Licence. The new entries enable Regional Authorities to issue Advance Authorisations directly in eligible cases without individual referral to the Norms Committee, promoting faster processing and uniform norm fixation.
Seven new Standard Input Output Norms under the Chemical and Allied Products group prescribe permitted import inputs and quantities for specified export products, including theophylline, liraglutide injection, lumefantrine, meropenem formulations and ophthalmic solutions. The norms specify relevant bulk drugs, chemicals and sterile bulk materials as allowable inputs; for ophthalmic solutions, bulk-drug content must conform to the Drug Manufacturing Licence. The new entries enable Regional Authorities to issue Advance Authorisations directly in eligible cases without individual referral to the Norms Committee, promoting faster processing and uniform norm fixation.
Note: It is a system-generated summary and is for quick reference only.