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...
The GoI's DGFT issued a notification amending import policy conditions for cabinet hinges under specific HS codes in Chapter 83 of ITC (HS), 2022. The amendment restricts import of cabinet hinges with a CIF value less than Rs.280 per kilogram, applying to HS codes 83021010, 83021090, 83024200, and 83024900. The modification was enacted under Sections 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992, implementing a new regulatory measure to control low-value cabinet hinge imports while maintaining a free import policy for higher-value items.
The GoI's DGFT issued a notification amending import policy conditions for cabinet hinges under specific HS codes in Chapter 83 of ITC (HS), 2022. The amendment restricts import of cabinet hinges with a CIF value less than Rs.280 per kilogram, applying to HS codes 83021010, 83021090, 83024200, and 83024900. The modification was enacted under Sections 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992, implementing a new regulatory measure to control low-value cabinet hinge imports while maintaining a free import policy for higher-value items.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4790
Join Channel
TaxTMI 
