Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
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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