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...
This circular mandates the declaration of additional qualifiers in import declarations for coking and non-coking coal effective December 15, 2024. For coking coal, subcategories based on ash percentage ranging from not exceeding 15% to exceeding 49% must be declared. For non-coking coal, subcategories based on gross calorific value (GCV) ranging from exceeding 7000 K.Cal./Kg. to exceeding 2200 and not exceeding 2500 K.Cal./Kg. must be declared. These additional qualifiers aim to improve assessment quality, intervention efficiency, and facilitation during import clearance. The circular includes annexures specifying the required qualifiers and their descriptions for the respective HS codes of coking and non-coking coal.
This circular mandates the declaration of additional qualifiers in import declarations for coking and non-coking coal effective December 15, 2024. For coking coal, subcategories based on ash percentage ranging from not exceeding 15% to exceeding 49% must be declared. For non-coking coal, subcategories based on gross calorific value (GCV) ranging from exceeding 7000 K.Cal./Kg. to exceeding 2200 and not exceeding 2500 K.Cal./Kg. must be declared. These additional qualifiers aim to improve assessment quality, intervention efficiency, and facilitation during import clearance. The circular includes annexures specifying the required qualifiers and their descriptions for the respective HS codes of coking and non-coking coal.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
