Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
The Reserve Bank of India (RBI) issued Circular No. 01/2024-25 allowing resident entities to hedge gold price risk in overseas markets using OTC derivatives in addition to exchanges in the International Financial Services Centre (IFSC). This decision aligns with the Master Direction on Foreign Exchange Management. The circular, effective immediately, was issued u/s 10(4) and 11(1) of the Foreign Exchange Management Act, 1999, and does not affect compliance with other laws.
The Reserve Bank of India (RBI) issued Circular No. 01/2024-25 allowing resident entities to hedge gold price risk in overseas markets using OTC derivatives in addition to exchanges in the International Financial Services Centre (IFSC). This decision aligns with the Master Direction on Foreign Exchange Management. The circular, effective immediately, was issued u/s 10(4) and 11(1) of the Foreign Exchange Management Act, 1999, and does not affect compliance with other laws.
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