Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Joint development agreements defer taxable transfer where possession lacks part performance, while completed flats determine consideration and exempti...
Passenger baggage re-export requires true declaration and cannot be granted indirectly through discretionary redemption of undeclared prohibited goods...
Notification No. 24/2024 - Customs (N.T.), supersedes the previous Notification No. 18/2024-Customs(N.T.) and determines the rates of exchange of foreign currencies concerning the conversion into Indian currency or vice versa for imported and exported goods. The notification, effective from 27th March 2024, includes detailed schedules outlining the specific rates for various foreign currencies.
Notification No. 24/2024 - Customs (N.T.), supersedes the previous Notification No. 18/2024-Customs(N.T.) and determines the rates of exchange of foreign currencies concerning the conversion into Indian currency or vice versa for imported and exported goods. The notification, effective from 27th March 2024, includes detailed schedules outlining the specific rates for various foreign currencies.
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