Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
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The public notice addresses mandatory qualifiers for synthetic diamond import/export declarations. Following challenges raised by exporters regarding Lab Grown Diamonds (LGDs) weighing less than one carat, the customs authority has modified previous regulations. For LGDs under one carat, additional qualifier declarations are now voluntary, while remaining mandatory for other diamond categories. The modification aims to reduce export processing complexities and minimize operational delays, providing flexibility for smaller diamond consignments while maintaining overall regulatory oversight of synthetic diamond trade documentation.
The public notice addresses mandatory qualifiers for synthetic diamond import/export declarations. Following challenges raised by exporters regarding Lab Grown Diamonds (LGDs) weighing less than one carat, the customs authority has modified previous regulations. For LGDs under one carat, additional qualifier declarations are now voluntary, while remaining mandatory for other diamond categories. The modification aims to reduce export processing complexities and minimize operational delays, providing flexibility for smaller diamond consignments while maintaining overall regulatory oversight of synthetic diamond trade documentation.
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