Jurisdictional validity of revision notices: incorrect official capacity and mere change of opinion invalidate revision of property income assessments...
Bogus-purchase additions are limited to embedded profit where corresponding sales are accepted, while accommodation-entry information can support reas...
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.
Note: It is a system-generated summary and is for quick reference only.