Permanent-establishment reassessment cannot revisit scrutinised disclosures; extended reopening fails without undisclosed material facts and within st...
Modified returns after business reorganisation must be assessed within pending proceedings, barring parallel scrutiny and consequential transfer prici...
Turnover mismatches under percentage-completion accounting cannot alone establish suppressed income where customer advances remain recorded as liabili...
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Proposed non-preferential Rules of Origin would require exported goods using imported inputs to undergo processing beyond specified minimal operations before being treated as Indian-origin. Exporters would apply online for non-preferential Certificates of Origin, while manufacturer exporters holding Status Holder recognition could self-certify qualifying goods. Back-to-back certificates could support re-exports, trans-shipment and merchanting trade for foreign-origin goods. For imports, agricultural goods would generally be origin-determined by wholly obtained or produced status, subject to a de-minimis tolerance, while other goods would require either a change in tariff heading or prescribed value addition. Importers would self-declare origin; separate origin documents would generally not be required, with risk-based verification permitted.
Proposed non-preferential Rules of Origin would require exported goods using imported inputs to undergo processing beyond specified minimal operations before being treated as Indian-origin. Exporters would apply online for non-preferential Certificates of Origin, while manufacturer exporters holding Status Holder recognition could self-certify qualifying goods. Back-to-back certificates could support re-exports, trans-shipment and merchanting trade for foreign-origin goods. For imports, agricultural goods would generally be origin-determined by wholly obtained or produced status, subject to a de-minimis tolerance, while other goods would require either a change in tariff heading or prescribed value addition. Importers would self-declare origin; separate origin documents would generally not be required, with risk-based verification permitted.
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