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...
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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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