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 Public Notice extends the abeyance of Public Notice No. 05/2024 dated 27.05.2024, which modified wastage permissible and Standard Input Output Norms for Gold/Platinum/Silver content in export items, until 15.09.2024. The Directorate General of Foreign Trade received proposed revisions to wastage norms from the Norms Committee, currently under consideration. Consequently, the earlier wastage norms under Para 4.59 of Handbook of Procedures 2023 and SIONs M1 to M7 prior to Public Notice No. 05/2024 are reinstated during the interim period. The abeyance aims to invite suggestions/comments on the proposed revisions recommended by the Norms Committee.
The Public Notice extends the abeyance of Public Notice No. 05/2024 dated 27.05.2024, which modified wastage permissible and Standard Input Output Norms for Gold/Platinum/Silver content in export items, until 15.09.2024. The Directorate General of Foreign Trade received proposed revisions to wastage norms from the Norms Committee, currently under consideration. Consequently, the earlier wastage norms under Para 4.59 of Handbook of Procedures 2023 and SIONs M1 to M7 prior to Public Notice No. 05/2024 are reinstated during the interim period. The abeyance aims to invite suggestions/comments on the proposed revisions recommended by the Norms Committee.
Note: It is a system-generated summary and is for quick reference only.