Independent manufacturing undertaking eligibility preserves Section 80IA/80IB deductions, while machinery kept ready for use qualifies for depreciatio...
Assessing Officer Satisfaction Requirement Bars Penalty for Cash Receipt in Immovable-Property Sale Cases Where Initiation Lacks Recorded Satisfaction...
Self-assessed import entries remain appealable, while bona fide classification disputes without misdeclaration cannot justify confiscation or penaltie...
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Suspension of 544 Standard Input Output Norms (SIONs) is proposed because they remained unutilised under the Advance Authorisation and Duty-Free Import Authorisation schemes during the preceding three financial years. DGFT invites exporters, importers, export promotion bodies, industry associations and other stakeholders to submit comments and supporting material within 15 days, particularly reasons for retaining any listed SION and details of actual or proposed scheme utilisation. Following the consultation period and consideration of submissions, the listed SIONs may be suspended; comments received after the deadline may not be considered.
Suspension of 544 Standard Input Output Norms (SIONs) is proposed because they remained unutilised under the Advance Authorisation and Duty-Free Import Authorisation schemes during the preceding three financial years. DGFT invites exporters, importers, export promotion bodies, industry associations and other stakeholders to submit comments and supporting material within 15 days, particularly reasons for retaining any listed SION and details of actual or proposed scheme utilisation. Following the consultation period and consideration of submissions, the listed SIONs may be suspended; comments received after the deadline may not be considered.
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