Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
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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