Advance-ruling mechanism governs pending GST classification, exemption and taxability disputes, limiting writ review once the specialised forum functi...
Charitable trust income application permits verified capital expenditure but rejects deferred pre-operative claims and requires reconsideration of con...
Reinsurance premium deductions require established regulatory breaches, while independently acquired software qualifies within the computer depreciati...
Disposal of Export goods brought into Customs area but neither exported nor taken back to town. - The Trade Notice issued by the Commissioner of Customs (General) outlines procedures for the disposal of uncleared export cargo brought into the Customs area but not exported or taken back to town. It aims to free up storage space and containers by facilitating the auction of such goods. The notice provides a detailed procedure for custodians to follow, including preparing lists of eligible cargo, sending auction notices, examining goods, obtaining necessary approvals, valuing goods, conducting E-auctions, and sharing sale proceeds. The process must be completed by June 30, 2024.
Disposal of Export goods brought into Customs area but neither exported nor taken back to town. - The Trade Notice issued by the Commissioner of Customs (General) outlines procedures for the disposal of uncleared export cargo brought into the Customs area but not exported or taken back to town. It aims to free up storage space and containers by facilitating the auction of such goods. The notice provides a detailed procedure for custodians to follow, including preparing lists of eligible cargo, sending auction notices, examining goods, obtaining necessary approvals, valuing goods, conducting E-auctions, and sharing sale proceeds. The process must be completed by June 30, 2024.
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