Withdrawal of obsolete FEMA circulars streamlines rules on external commercial borrowings, non-resident bond investments, and money transfer sub-agent...
Departmental appeal limitation after call-book recall preserves original filing, while documented correlation supports SAD refund on imported granules...
Income-tax prosecution fails when appellate remand removes its factual foundation; directors require company arraignment for vicarious criminal liabil...
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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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