Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
SEBI introduced a beta version of the T+0 rolling settlement cycle on an optional basis alongside the existing T+1 settlement cycle in the equity cash market. The decision follows advancements in technology and market infrastructure, aiming to enhance efficiency, transparency, and risk management. Operational guidelines were provided, including eligibility criteria, surveillance measures, trade timings, price band, and index calculation. MIIs will publish further guidelines and monitor the implementation of the beta version.
SEBI introduced a beta version of the T+0 rolling settlement cycle on an optional basis alongside the existing T+1 settlement cycle in the equity cash market. The decision follows advancements in technology and market infrastructure, aiming to enhance efficiency, transparency, and risk management. Operational guidelines were provided, including eligibility criteria, surveillance measures, trade timings, price band, and index calculation. MIIs will publish further guidelines and monitor the implementation of the beta version.
Note: It is a system-generated summary and is for quick reference only.