Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The DGFT issued Notification No. 12/2024-25, to amend the import policy conditions for yellow peas. This adjustment extends the timeline for free import conditions under the Indian Trade Clarification (ITC) Harmonized System (HS) Code 07131010. - The import of yellow peas remains "Free" without the Minimum Import Price (MIP) condition and without port restrictions. The amendment extends the date from June 30, 2024, to October 31, 2024, for import consignments where the Bill of Lading (Shipped on Board) is issued. - For Bill of Ladings issued after October 31, 2024, the import status will change to "Restricted", reverting to the policy conditions that existed before the initial relaxation introduced in DGFT Notification No. 50/2023.
The DGFT issued Notification No. 12/2024-25, to amend the import policy conditions for yellow peas. This adjustment extends the timeline for free import conditions under the Indian Trade Clarification (ITC) Harmonized System (HS) Code 07131010. - The import of yellow peas remains "Free" without the Minimum Import Price (MIP) condition and without port restrictions. The amendment extends the date from June 30, 2024, to October 31, 2024, for import consignments where the Bill of Lading (Shipped on Board) is issued. - For Bill of Ladings issued after October 31, 2024, the import status will change to "Restricted", reverting to the policy conditions that existed before the initial relaxation introduced in DGFT Notification No. 50/2023.
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