Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
The notification issued by the Ministry of Commerce & Industry, Department of Commerce, Directorate General of Foreign Trade enables import of inputs under Quality Control Orders (QCOs) by Advance Authorisation holders, EOU, and SEZ. Amendments u/s 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992, along with FTP, 2023, modify the Export Obligation period for QCO-exempt textile and chemical products. This exempts inputs from QCOs and includes Ministry of Textiles and DCPC products. EO period is limited to 180 days from import clearance. DCPC is notified in FTP, 2023. Approval by Minister of Commerce & Industry.
The notification issued by the Ministry of Commerce & Industry, Department of Commerce, Directorate General of Foreign Trade enables import of inputs under Quality Control Orders (QCOs) by Advance Authorisation holders, EOU, and SEZ. Amendments u/s 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992, along with FTP, 2023, modify the Export Obligation period for QCO-exempt textile and chemical products. This exempts inputs from QCOs and includes Ministry of Textiles and DCPC products. EO period is limited to 180 days from import clearance. DCPC is notified in FTP, 2023. Approval by Minister of Commerce & Industry.
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TaxTMI 
TaxTMI 
