Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The Circular No. 08/2024-Customs issued by the Government of India extends the transitional provisions of the Sea Cargo Manifest and Transshipment Regulations (SCMTR) until 31st August 2024. The SCMTR aims to enhance transparency and efficiency in Customs clearance by outlining obligations, roles, and responsibilities of stakeholders in goods movement. Stakeholders are urged to transition to new manifest declaration formats to ensure compliance. The Directorate General of Systems (DGoS) is facilitating this transition by providing guidelines and testing the new formats. Stakeholders are advised to parallel file in both old and new formats, with the new format becoming mandatory from 31st August 2024. DGoS will issue guidelines and ensure robustness in the filing process. Officers are instructed to support stakeholders in adapting to the SCMTR requirements and report any implementation challenges to the Board.
The Circular No. 08/2024-Customs issued by the Government of India extends the transitional provisions of the Sea Cargo Manifest and Transshipment Regulations (SCMTR) until 31st August 2024. The SCMTR aims to enhance transparency and efficiency in Customs clearance by outlining obligations, roles, and responsibilities of stakeholders in goods movement. Stakeholders are urged to transition to new manifest declaration formats to ensure compliance. The Directorate General of Systems (DGoS) is facilitating this transition by providing guidelines and testing the new formats. Stakeholders are advised to parallel file in both old and new formats, with the new format becoming mandatory from 31st August 2024. DGoS will issue guidelines and ensure robustness in the filing process. Officers are instructed to support stakeholders in adapting to the SCMTR requirements and report any implementation challenges to the Board.
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