Just a moment...

⚠✕
❮ Top
☎ Help
☰
×

By creating an account you can:

Logo TaxTMI
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search ✕
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
    6. Text Search
  6. The system will try to fetch results that contains ALL your words.
  7. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    8. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
❮ Default View
Expand ❯❯
Close ✕
🔎 Highlights - Adv. Search ❯
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text ❯
  • Main Text
  • Main Text + AI Text
  • AI Text
Law:
---- All Laws----❯
  • ---- All Laws----
  • Income Tax
  • Direct Taxes
  • Benami Property
  • Central GST Laws
  • SGST - State GST Laws
  • Customs
  • FTP - Foreign Trade Policy
  • SEZ - Special Economic Zone
  • FEMA - Foreign Exchange Management
  • Companies Law
  • SEBI - Securities & Exchange Board of India
  • IBC - Insolvency and Bankruptcy
  • Law of Competition
  • PMLA - Money-Laundering
  • Indian Laws
  • Bill / Finance Bills
  • Wealth Tax
  • Service Tax
  • Central Excise
  • VAT / Sales Tax
Month:
---- All Months ----❯
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----❯
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    July 6, 2026   Case LawsIncome Tax
    Revisional power cannot replace a plausible assessment view when inquiry was made into bogus purchases.
    July 6, 2026   Case LawsIncome Tax
    Consequential assessment under revision loses force when section 263 orders are remanded; appeal becomes infructuous.
    July 6, 2026   Case LawsIncome Tax
    Make available test bars tax on management and business support fees under India-Singapore treaty, deleting the addition
    July 6, 2026   Case LawsIncome Tax
    Telecom transfer pricing disputes favour uncontrolled comparables, contemporaneous ECB benchmarks and deductibility of operating charges.
    July 6, 2026   Case LawsIncome Tax
    Turnover filter, functional comparability and subvention receipts shaped transfer pricing benchmarking for the distribution segment.
    July 6, 2026   Case LawsIncome Tax
    Business expenditure disallowance on suspicion rejected where no finding of non-genuineness was recorded in assessment
    July 6, 2026   Case LawsIncome Tax
    Diversion of income by overriding title defeats taxability of interest credited to development funds and allows promotional expenditure.
    July 6, 2026   Case LawsIncome Tax
    Deemed application under section 11 recognised despite no Form 9A, where written option and disclosure were timely.
    July 6, 2026   Case LawsIncome Tax
    Books rejection and reassessment additions fail without cogent evidence, while donation disallowance needs fresh hearing and cross-examination.
    July 6, 2026   Case LawsIncome Tax
    Transfer pricing adjustments under TNMM were curtailed where Safe Harbour rules and nil ALP were wrongly applied.
    July 6, 2026   Case LawsCustoms
    Conditional provisional release of seized imported goods granted pending customs adjudication under safeguard conditions for onward sale
    July 6, 2026   Case LawsCustoms
    Advance Authorisation and actual user condition: later regularisation and lack of mens rea defeated gold confiscation
    July 6, 2026   Case LawsCustoms
    Customs broker penalty fails without act or omission making goods liable to confiscation under Customs law
    July 6, 2026   Case LawsCustoms
    Resultant goods under MOOWR include by-products, enabling proportionate duty remission on exported outputs from crude oil refining
    July 6, 2026   Case LawsCompanies Law
    Fraudulent preference in property mutation entries without consideration was treated as void and reversed for creditor protection.
    July 6, 2026   Case LawsFEMA
    Foreign exchange contraventions under FEMA: import remittances sustained, but overlapping penalties on attorney holder deleted
    July 4, 2026   Case LawsGST
    Alternative appellate remedy under GST leads to writ petitions being relegated to appeal with delay condonation
    July 4, 2026   Case LawsGST
    Show cause notice jurisdiction: GST applicability to an offshore construction contract required factual inquiry, so writ relief was premature.
    July 4, 2026   Case LawsGST
    Territorial jurisdiction in GST writs turns on where the impugned assessment order arose and cause of action accrued.
    July 4, 2026   Case LawsGST
    Voluntary GST payment through DRC-03 requires self-ascertainment; a search-time deposit was refundable, with interest left open.
❮
❯
❯❯
MaximizeMaximizeMaximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

    +

    Are you sure you want to delete "My most important" ?

    NOTE:

    Open Link
    Highlights
    Showing Results for :
    Reset Filters
    Results Found:
    Show All SummariesHide All Summaries
    July 6, 2026   Case Laws Income Tax
    Revisional power cannot replace a plausible assessment view when inquiry was made into bogus purchases.
    July 6, 2026   Case Laws Income Tax
    Consequential assessment under revision loses force when section 263 orders are remanded; appeal becomes infructuous.
    July 6, 2026   Case Laws Income Tax
    Make available test bars tax on management and business support fees under India-Singapore treaty, deleting the addition
    July 6, 2026   Case Laws Income Tax
    Telecom transfer pricing disputes favour uncontrolled comparables, contemporaneous ECB benchmarks and deductibility of operating charges.
    July 6, 2026   Case Laws Income Tax
    Turnover filter, functional comparability and subvention receipts shaped transfer pricing benchmarking for the distribution segment.
    July 6, 2026   Case Laws Income Tax
    Business expenditure disallowance on suspicion rejected where no finding of non-genuineness was recorded in assessment
    July 6, 2026   Case Laws Income Tax
    Diversion of income by overriding title defeats taxability of interest credited to development funds and allows promotional expenditure.
    July 6, 2026   Case Laws Income Tax
    Deemed application under section 11 recognised despite no Form 9A, where written option and disclosure were timely.
    July 6, 2026   Case Laws Income Tax
    Books rejection and reassessment additions fail without cogent evidence, while donation disallowance needs fresh hearing and cross-examination.
    July 6, 2026   Case Laws Income Tax
    Transfer pricing adjustments under TNMM were curtailed where Safe Harbour rules and nil ALP were wrongly applied.
    July 6, 2026   Case Laws Customs
    Conditional provisional release of seized imported goods granted pending customs adjudication under safeguard conditions for onward sale
    July 6, 2026   Case Laws Customs
    Advance Authorisation and actual user condition: later regularisation and lack of mens rea defeated gold confiscation
    July 6, 2026   Case Laws Customs
    Customs broker penalty fails without act or omission making goods liable to confiscation under Customs law
    July 6, 2026   Case Laws Customs
    Resultant goods under MOOWR include by-products, enabling proportionate duty remission on exported outputs from crude oil refining
    July 6, 2026   Case Laws Companies Law
    Fraudulent preference in property mutation entries without consideration was treated as void and reversed for creditor protection.
    July 6, 2026   Case Laws FEMA
    Foreign exchange contraventions under FEMA: import remittances sustained, but overlapping penalties on attorney holder deleted
    July 4, 2026   Case Laws GST
    Alternative appellate remedy under GST leads to writ petitions being relegated to appeal with delay condonation
    July 4, 2026   Case Laws GST
    Show cause notice jurisdiction: GST applicability to an offshore construction contract required factual inquiry, so writ relief was premature.
    July 4, 2026   Case Laws GST
    Territorial jurisdiction in GST writs turns on where the impugned assessment order arose and cause of action accrued.
    July 4, 2026   Case Laws GST
    Voluntary GST payment through DRC-03 requires self-ascertainment; a search-time deposit was refundable, with interest left open.

    Highlights

    Back

    All Highlights

    Showing Results for :
    Reset Filters
      No Records Found

      Highlights

      Home› Highlights › Customs › 2024 › May, 2024 › This
      Back

      All Highlights

      whatsappJoin Channel
      Showing Results for : Reset Filters
      Customs

      The Ministry of Finance, Department of Revenue, Office of the...

      Centralized Bank Guarantee Cell Established for Streamlined Customs Management and Compliance Procedures.

      Contents
      Summary
      Note

      Note

      -

      Bookmark

      Print

      Print

      Print Options

      CustomsMay 28, 2024Circulars
      The Ministry of Finance, Department of Revenue, Office of the Commissioner of Customs issued a Public Notice regarding the processing, maintenance, and custody of Bank Guarantees (BGs) for customs-related purposes. A Centralized Bank Guarantee Cell (BG Cell) was established for this purpose under the supervision of the Deputy/Assistant Commissioner. Procedures were outlined for accepting, procuring, and keeping custody of BGs, including ensuring auto-renewal clause, IEC code verification, entry in the EDI system, and maintaining records. BGs must be sent to the centralized BG cell and returned to the respective administrative unit upon written demand. BGs should not be released directly to the executor/importer/CHA. Administrative units were directed to list existing BGs and forward them to the BG cell within 30 days. Importers/Exporters/CHAs were instructed to follow the prescribed procedures, and any difficulties should be reported to the Additional/Joint Commissioner of Customs.
      View Source View

      Topics

      ActsIncome Tax
      Next ➔