Separate speaking orders on reopening objections are mandatory; deciding them within reassessment invalidates jurisdiction and precludes revival of st...
Compulsorily convertible debentures remain debt before conversion, preventing transfer-pricing and interest-deduction disallowances on the stated fact...
Stock-in-trade transfer taxability follows possession and consideration, not later conveyance registration, limiting deemed-value provisions to the ac...
The Directorate General of Foreign Trade, u/s 1.03 of Foreign Trade Policy, 2023, amended SION E-125 for Shea Stearine export. The amendment increased the import entitlement for Shea Nuts based on oil content variations. Customs must test oil content for each consignment, with Regional Authority redeeming authorizations based on weighted average. Clearance not to be delayed for test results. The revised SION is valid until 31.03.2027, subject to industry pricing changes. This update enhances the export norms for Shea Stearine.
The Directorate General of Foreign Trade, u/s 1.03 of Foreign Trade Policy, 2023, amended SION E-125 for Shea Stearine export. The amendment increased the import entitlement for Shea Nuts based on oil content variations. Customs must test oil content for each consignment, with Regional Authority redeeming authorizations based on weighted average. Clearance not to be delayed for test results. The revised SION is valid until 31.03.2027, subject to industry pricing changes. This update enhances the export norms for Shea Stearine.
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