Capital-gains exemption for charitable trusts extends to qualifying fixed deposits, while unrecoverable TDS write-offs may constitute income applicati...
India-UK treaty characterisation of telecom-service receipts as business profits withstands unilateral domestic-law amendments for Indian tax purposes...
Transfer-pricing reimbursement adjustments require uncontrolled comparables and cannot become expense-genuineness reviews, resulting in deletion of th...
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The public notice issued by the Commissioner of Customs, Chennai addresses queries on drawback applicability and aims to reduce physical interface. It highlights that drawback rates do not apply to exports from Export Oriented Units or units in Free Trade Zones/SEZs. To streamline the process, exporters must upload a self-declaration certifying goods were not from these units. This eliminates the need for manual queries and physical visits. The notice responds to concerns raised by the Chennai Custom Brokers' Association and emphasizes the importance of compliance with trade policies.
The public notice issued by the Commissioner of Customs, Chennai addresses queries on drawback applicability and aims to reduce physical interface. It highlights that drawback rates do not apply to exports from Export Oriented Units or units in Free Trade Zones/SEZs. To streamline the process, exporters must upload a self-declaration certifying goods were not from these units. This eliminates the need for manual queries and physical visits. The notice responds to concerns raised by the Chennai Custom Brokers' Association and emphasizes the importance of compliance with trade policies.
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