Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
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...
Raw sugar classified under Exim Code 170114 may be imported freely within a duty-free Tariff Rate Quota of 10 lakh MT up to 31 October 2026. Advance Authorisations issued under SION E52 receive a one-time option to convert to the TRQ Scheme for raw sugar actually imported before the notification date, including refined sugar produced or to be produced from that imported raw sugar. Conversion requires payment of GST exempted on import, domestic sale of the resulting refined sugar by 31 October 2026, and compliance with further prescribed conditions. DGFT will issue the administrative procedure for the TRQ and conversion process.
Raw sugar classified under Exim Code 170114 may be imported freely within a duty-free Tariff Rate Quota of 10 lakh MT up to 31 October 2026. Advance Authorisations issued under SION E52 receive a one-time option to convert to the TRQ Scheme for raw sugar actually imported before the notification date, including refined sugar produced or to be produced from that imported raw sugar. Conversion requires payment of GST exempted on import, domestic sale of the resulting refined sugar by 31 October 2026, and compliance with further prescribed conditions. DGFT will issue the administrative procedure for the TRQ and conversion process.
Note: It is a system-generated summary and is for quick reference only.
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