Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
The notice outlines the digitization of Customs Bonded Warehouse procedures relating to obtaining Warehouse License, Bond to Bond Movement of warehoused goods, and uploading of Monthly Returns. It enables online filing of applications for Warehouse License, submission and processing of requests for transfer of warehoused goods to another person/warehouse, and uploading Monthly Returns. The process flows for different scenarios of transfer of warehoused goods, such as change in ownership without change in warehouse, change in warehouse with no change in ownership, and change in warehouse and ownership, are detailed. The notice also highlights the requirement of furnishing security and triple duty bond, validation of bond details, and intimation to officers at the Port of Import. User Manuals are provided for guidance, and grievance redressal mechanisms are specified.
The notice outlines the digitization of Customs Bonded Warehouse procedures relating to obtaining Warehouse License, Bond to Bond Movement of warehoused goods, and uploading of Monthly Returns. It enables online filing of applications for Warehouse License, submission and processing of requests for transfer of warehoused goods to another person/warehouse, and uploading Monthly Returns. The process flows for different scenarios of transfer of warehoused goods, such as change in ownership without change in warehouse, change in warehouse with no change in ownership, and change in warehouse and ownership, are detailed. The notice also highlights the requirement of furnishing security and triple duty bond, validation of bond details, and intimation to officers at the Port of Import. User Manuals are provided for guidance, and grievance redressal mechanisms are specified.
Note: It is a system-generated summary and is for quick reference only.
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