Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
Administrative fraud classification suspension does not halt independent criminal investigation or warrant-based searches into alleged economic offenc...
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.
Note: It is a system-generated summary and is for quick reference only.