Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
The Trade Notice issued for waiver of charges for the late filing of Bill of Entry at Jawaharlal Nehru Custom House. It supersedes previous standing orders and public notices, providing updated guidelines on this matter. - The Trade Notice delineates two scenarios: In the first scenario, where charges are stipulated by law, the Assistant/Deputy Commissioner processes cases based on importer/customs broker requests uploaded in e-Sanchit. In the second scenario, the Joint/Additional Commissioner has the authority to waive charges if satisfied with the reasons for the delay, supported by evidence such as negative acknowledgment/proof of non-generation of Bill of Entry number. - To expedite clearance and facilitate trade, a streamlined procedure is prescribed for handling waiver requests.
The Trade Notice issued for waiver of charges for the late filing of Bill of Entry at Jawaharlal Nehru Custom House. It supersedes previous standing orders and public notices, providing updated guidelines on this matter. - The Trade Notice delineates two scenarios: In the first scenario, where charges are stipulated by law, the Assistant/Deputy Commissioner processes cases based on importer/customs broker requests uploaded in e-Sanchit. In the second scenario, the Joint/Additional Commissioner has the authority to waive charges if satisfied with the reasons for the delay, supported by evidence such as negative acknowledgment/proof of non-generation of Bill of Entry number. - To expedite clearance and facilitate trade, a streamlined procedure is prescribed for handling waiver requests.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
