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...
DGFT makes amendments in Para 2.31 of the Foreign Trade Policy, 2023 and ITC HS 2022 Schedule 1 Import Policy. It amends import policies for electronics and IT goods, emphasizing compulsory registration requirements and labelling standards. It also introduces provisions for testing and clearance of LED products. These amendments align with the re-notification of the Electronics and Information Technology Goods (Requirement of Compulsory Registration) Order, 2021 under the BIS Act 2016. The notification is approved by the Minister of Commerce & Industry.
DGFT makes amendments in Para 2.31 of the Foreign Trade Policy, 2023 and ITC HS 2022 Schedule 1 Import Policy. It amends import policies for electronics and IT goods, emphasizing compulsory registration requirements and labelling standards. It also introduces provisions for testing and clearance of LED products. These amendments align with the re-notification of the Electronics and Information Technology Goods (Requirement of Compulsory Registration) Order, 2021 under the BIS Act 2016. The notification is approved by the Minister of Commerce & Industry.
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