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...
The DGFT amended import policy conditions for vintage cars under Chapter 87 of ITC (HS) 2022, Schedule-I. The revised policy aligns vintage vehicle classification with Central Motor Vehicles Rules, 1989. Cars classified as 'vintage motor vehicles' under Rule 81A are now free for import by Actual Users, exempt from Policy Conditions 1(I) and 1(II). While these vehicles must comply with Motor Vehicles Act 1988 for public road use, they must additionally meet conditions under Chapter IIIA of Central Motor Vehicles Rules 1989. This amendment, approved by the Minister of Commerce & Industry, supersedes the previous condition that only allowed free import of pre-1950 manufactured cars.
The DGFT amended import policy conditions for vintage cars under Chapter 87 of ITC (HS) 2022, Schedule-I. The revised policy aligns vintage vehicle classification with Central Motor Vehicles Rules, 1989. Cars classified as 'vintage motor vehicles' under Rule 81A are now free for import by Actual Users, exempt from Policy Conditions 1(I) and 1(II). While these vehicles must comply with Motor Vehicles Act 1988 for public road use, they must additionally meet conditions under Chapter IIIA of Central Motor Vehicles Rules 1989. This amendment, approved by the Minister of Commerce & Industry, supersedes the previous condition that only allowed free import of pre-1950 manufactured cars.
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