Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
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...
Export obligation extensions approved by the PRC/EPCG Committee...
Automated export obligation extensions remove separate regional applications after committee approval for Advance Authorisation and EPCG authorisations.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Export obligation extensions approved by the PRC/EPCG Committee for Advance Authorisation and EPCG Authorisation will be processed automatically through the DGFT system. Exporters need not submit a separate extension application to the Regional Authority after committee approval. The system will issue a fee-payment letter on the committee file; once the prescribed fee is paid through the portal and the response is submitted, it will create and approve the extension file and generate the extension letter. The revised export obligation expiry date will update the relevant authorisation records and be transmitted to ICEGATE, reducing manual processing and verification.
Export obligation extensions approved by the PRC/EPCG Committee for Advance Authorisation and EPCG Authorisation will be processed automatically through the DGFT system. Exporters need not submit a separate extension application to the Regional Authority after committee approval. The system will issue a fee-payment letter on the committee file; once the prescribed fee is paid through the portal and the response is submitted, it will create and approve the extension file and generate the extension letter. The revised export obligation expiry date will update the relevant authorisation records and be transmitted to ICEGATE, reducing manual processing and verification.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
