Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
No deduction of tax shall be made u/s 194Q of the IT Act 1961 by a buyer on purchase of goods from an International Financial Services Centre Unit seller, subject to conditions: seller furnishing statement-cum-declaration in prescribed form for 10 consecutive assessment years opted for section 80LA deduction; buyer not deducting tax after receiving form and furnishing payment details in tax statement. Relaxation available only for declared years. Definitions of seller, buyer, IFSC, Unit provided. DGIT(Systems) to prescribe procedures and formats.
No deduction of tax shall be made u/s 194Q of the IT Act 1961 by a buyer on purchase of goods from an International Financial Services Centre Unit seller, subject to conditions: seller furnishing statement-cum-declaration in prescribed form for 10 consecutive assessment years opted for section 80LA deduction; buyer not deducting tax after receiving form and furnishing payment details in tax statement. Relaxation available only for declared years. Definitions of seller, buyer, IFSC, Unit provided. DGIT(Systems) to prescribe procedures and formats.
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