Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
This notification from the Ministry of Commerce and Industry, Government of India, amends the export policy conditions for onions under ITC (HS) Code 07031019. The existing policy condition of imposing a Minimum Export Price (MEP) of USD 550 per Metric Ton (MT) for the export of onions has been removed with immediate effect and until further orders. The notification is issued by the Director General of Foreign Trade under the provisions of the Foreign Trade (Development & Regulation) Act, 1992, and the Foreign Trade Policy 2023.
This notification from the Ministry of Commerce and Industry, Government of India, amends the export policy conditions for onions under ITC (HS) Code 07031019. The existing policy condition of imposing a Minimum Export Price (MEP) of USD 550 per Metric Ton (MT) for the export of onions has been removed with immediate effect and until further orders. The notification is issued by the Director General of Foreign Trade under the provisions of the Foreign Trade (Development & Regulation) Act, 1992, and the Foreign Trade Policy 2023.
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