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...
SEBI has issued a circular enhancing dynamic price bands for scrips in the Derivatives segment. The circular outlines the mechanism for dynamic price bands, including conditions for flexing price bands, cooling off periods, and aligning price bands between underlying and futures contracts. The modifications aim to strengthen volatility management, minimize information asymmetry, and provide orderly price movements. Key changes include increasing conditions precedent before flexing price bands, aligning price bands across exchanges, and adjusting flexing percentages based on market trends. Stock Exchanges are directed to implement the circular in phases, with specific effective dates for different provisions. The circular is issued u/s 11(1) of the SEBI Act to protect investor interests and regulate the securities market.
SEBI has issued a circular enhancing dynamic price bands for scrips in the Derivatives segment. The circular outlines the mechanism for dynamic price bands, including conditions for flexing price bands, cooling off periods, and aligning price bands between underlying and futures contracts. The modifications aim to strengthen volatility management, minimize information asymmetry, and provide orderly price movements. Key changes include increasing conditions precedent before flexing price bands, aligning price bands across exchanges, and adjusting flexing percentages based on market trends. Stock Exchanges are directed to implement the circular in phases, with specific effective dates for different provisions. The circular is issued u/s 11(1) of the SEBI Act to protect investor interests and regulate the securities market.
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