Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
The DGFT issued a trade notice proposing amendments to the Foreign Trade Policy and Handbook of Procedures for export of SCOMET items for testing and evaluation. Key modifications include expanding authorization conditions for temporary export of controlled items, introducing a new paragraph 10.13(C) specifically addressing demonstration, testing, and evaluation exports. The amendments establish clear guidelines requiring: no commercial transactions, no technology transfer, limited export duration (120 days), mandatory return documentation, and strict compliance with export control regulations. Stakeholders were invited to provide feedback within 10 days, with proposed changes to take immediate effect upon finalization.
The DGFT issued a trade notice proposing amendments to the Foreign Trade Policy and Handbook of Procedures for export of SCOMET items for testing and evaluation. Key modifications include expanding authorization conditions for temporary export of controlled items, introducing a new paragraph 10.13(C) specifically addressing demonstration, testing, and evaluation exports. The amendments establish clear guidelines requiring: no commercial transactions, no technology transfer, limited export duration (120 days), mandatory return documentation, and strict compliance with export control regulations. Stakeholders were invited to provide feedback within 10 days, with proposed changes to take immediate effect upon finalization.
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