Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
DGFT issued allocation procedures for importing Calcined Petroleum Coke (CPC) and Raw Petroleum Coke (RPC) for FY 2025-26, following CAQM's order dated 15.02.2024 and SC directions. Import limits set at 0.8 Million MTs of CPC for Aluminum industry and 1.9 Million MTs of RPC for CPC manufacturing units. Applications must be submitted online through DGFT's Import Management System by February 28, 2025, under 'Import of Pet Coke' category. The notice maintains conditions from previous PN 49/2023 while implementing import restrictions to regulate petroleum coke usage in compliance with environmental regulations.
DGFT issued allocation procedures for importing Calcined Petroleum Coke (CPC) and Raw Petroleum Coke (RPC) for FY 2025-26, following CAQM's order dated 15.02.2024 and SC directions. Import limits set at 0.8 Million MTs of CPC for Aluminum industry and 1.9 Million MTs of RPC for CPC manufacturing units. Applications must be submitted online through DGFT's Import Management System by February 28, 2025, under 'Import of Pet Coke' category. The notice maintains conditions from previous PN 49/2023 while implementing import restrictions to regulate petroleum coke usage in compliance with environmental regulations.
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