Minimum alternate tax exclusions for pre-amendment banking companies and expatriate Indian branch salaries remain outside head office expenditure limi...
Misdeclaration of imported goods - the goods in question cannot be termed as ‘prohibited goods’ merely for misdeclaration in the Bills of Entry, for the purpose of imposing penalty u/s 112 - the Customs Duty sought to be evaded is nowhere quantified - Maximum penalty is ₹ 5000
Misdeclaration of imported goods - the goods in question cannot be termed as ‘prohibited goods’ merely for misdeclaration in the Bills of Entry, for the purpose of imposing penalty u/s 112 - the Customs Duty sought to be evaded is nowhere quantified - Maximum penalty is ₹ 5000
Note: It is a system-generated summary and is for quick reference only.