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Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
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The GoI's Directorate General of Foreign Trade issued Notification No. 15/2025-26, rescinding previous public notice 23(RE-2013)/2009-14 under Foreign Trade (Development & Regulation) Act 1992. The notification immediately removes port restrictions and testing requirements for exporting Finished Leather, Wet Blue Leather, El Tanned Leather, and Crust Leather. Specifically, exporters are no longer mandated to obtain testing and certification from Central Leather Research Institute (CLRI) for these leather categories. The regulatory amendment simplifies export procedures for leather products, eliminating prior procedural constraints and facilitating smoother international trade in leather commodities.
The GoI's Directorate General of Foreign Trade issued Notification No. 15/2025-26, rescinding previous public notice 23(RE-2013)/2009-14 under Foreign Trade (Development & Regulation) Act 1992. The notification immediately removes port restrictions and testing requirements for exporting Finished Leather, Wet Blue Leather, El Tanned Leather, and Crust Leather. Specifically, exporters are no longer mandated to obtain testing and certification from Central Leather Research Institute (CLRI) for these leather categories. The regulatory amendment simplifies export procedures for leather products, eliminating prior procedural constraints and facilitating smoother international trade in leather commodities.
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