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...
Alternative statutory remedy under GST bars writ challenge where classification, notice variance, and hearing disputes require factual appellate revie...
The Policy Circular No. 03/2024 issued by the Directorate General of Foreign Trade clarifies Para 4.17 of the Hand Book of Procedures-2023. It allows applicants to file representations for a review of Norms Committee decisions within 12 months from the decision's upload on the DGFT website. For decisions made before 01.04.2023, review applications can be filed until 31.12.2024 to promote export promotion and ease of doing business. Applications beyond this date will not be entertained. The timeline specified in Para 4.17 of HBP-2023 applies to other cases. This circular is approved by the Competent Authority.
The Policy Circular No. 03/2024 issued by the Directorate General of Foreign Trade clarifies Para 4.17 of the Hand Book of Procedures-2023. It allows applicants to file representations for a review of Norms Committee decisions within 12 months from the decision's upload on the DGFT website. For decisions made before 01.04.2023, review applications can be filed until 31.12.2024 to promote export promotion and ease of doing business. Applications beyond this date will not be entertained. The timeline specified in Para 4.17 of HBP-2023 applies to other cases. This circular is approved by the Competent Authority.
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