Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
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The Director General of Foreign Trade of India has issued a public notice allowing 19 existing Pre-Shipment Inspection Agencies (PSIAs) to expand their areas of operation. The PSIAs have established new branch offices in various countries, including but not limited to Australia, Canada, China, Germany, Kuwait, Mexico, New Zealand, Saudi Arabia, United States, and Vietnam. The notice requires PSIAs to update their membership certificates with MRAI, ISRI, or IFIA and their contact details within 30 days. This expansion aims to enhance the operational scope and geographical reach of the PSIAs.
The Director General of Foreign Trade of India has issued a public notice allowing 19 existing Pre-Shipment Inspection Agencies (PSIAs) to expand their areas of operation. The PSIAs have established new branch offices in various countries, including but not limited to Australia, Canada, China, Germany, Kuwait, Mexico, New Zealand, Saudi Arabia, United States, and Vietnam. The notice requires PSIAs to update their membership certificates with MRAI, ISRI, or IFIA and their contact details within 30 days. This expansion aims to enhance the operational scope and geographical reach of the PSIAs.
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