Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
The CBIC issued Notification No. 30/2025-Customs (N.T.) amending the Goods Imported (Conditions of Transshipment) Regulations, 1995. The amendment modifies Regulation 5 to eliminate fees for transshipment applications across all customs stations. Enacted under sections 157, 54(3), and 158 of the Customs Act, 1962, the regulation becomes effective upon official gazette publication. The amendment simplifies administrative procedures by removing transshipment application fees, potentially reducing financial barriers for importers and facilitating smoother goods movement through customs stations.
The CBIC issued Notification No. 30/2025-Customs (N.T.) amending the Goods Imported (Conditions of Transshipment) Regulations, 1995. The amendment modifies Regulation 5 to eliminate fees for transshipment applications across all customs stations. Enacted under sections 157, 54(3), and 158 of the Customs Act, 1962, the regulation becomes effective upon official gazette publication. The amendment simplifies administrative procedures by removing transshipment application fees, potentially reducing financial barriers for importers and facilitating smoother goods movement through customs stations.
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