Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
The DGFT issued a Standard Operating Procedure (SOP) for exporters to obtain authorizations for restricted seeds and planting materials. Key requirements include submitting product specifications, raw material details, and specific affidavits confirming compliance with regulations like the Biological Diversity Act and Seed Control Order. For seed exports, licenses, chemical treatment declarations, and labeling norms must be adhered to. For non-sowing purposes like rice paddy, an affidavit stating the material is solely for consumption and not sowing is mandated. The SOP aims to facilitate trade and streamline the authorization process.
The DGFT issued a Standard Operating Procedure (SOP) for exporters to obtain authorizations for restricted seeds and planting materials. Key requirements include submitting product specifications, raw material details, and specific affidavits confirming compliance with regulations like the Biological Diversity Act and Seed Control Order. For seed exports, licenses, chemical treatment declarations, and labeling norms must be adhered to. For non-sowing purposes like rice paddy, an affidavit stating the material is solely for consumption and not sowing is mandated. The SOP aims to facilitate trade and streamline the authorization process.
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