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 has amended the export policy for De-Oiled Rice Bran under Chapter 23 of Schedule-II (Export Policy), ITC(HS) 2022. The notification modifies the previous policy by prohibiting the export of De-Oiled Rice Bran across multiple HS codes (2302 40 00, 2306 90 19, 2306 90 29) until September 30, 2025. This amendment affects various forms including bran, sharps, residues, oil-cake, and other solid residues derived from cereals or leguminous plants. The prohibition applies to both expeller variety and solvent extracted varieties. The policy change was implemented through powers conferred under Section 3 and Section 5 of the Foreign Trade (Development & Regulation) Act, 1992.
The DGFT has amended the export policy for De-Oiled Rice Bran under Chapter 23 of Schedule-II (Export Policy), ITC(HS) 2022. The notification modifies the previous policy by prohibiting the export of De-Oiled Rice Bran across multiple HS codes (2302 40 00, 2306 90 19, 2306 90 29) until September 30, 2025. This amendment affects various forms including bran, sharps, residues, oil-cake, and other solid residues derived from cereals or leguminous plants. The prohibition applies to both expeller variety and solvent extracted varieties. The policy change was implemented through powers conferred under Section 3 and Section 5 of the Foreign Trade (Development & Regulation) Act, 1992.
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TaxTMI 
TaxTMI 
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