Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The DGFT issued Notification No. 18/2025-26 under the Foreign Trade (Development & Regulation) Act, 1992, amending import policy conditions for precious metals under Chapter 71 of ITC (HS) 2022. The notification maintains "Free" import policy for palladium, rhodium, and iridium across six specific HS codes (71102100, 71102900, 71103100, 71103900, 71104100, 71104900) covering both unwrought/powder forms and other forms. However, new restrictions were imposed on alloys of these metals containing gold content exceeding one percent by weight, which are now classified as "Restricted" imports. The amendment took immediate effect from June 17, 2025, requiring importers to comply with additional regulatory requirements for gold-containing alloys while maintaining liberalized import regime for pure forms of these precious metals.
The DGFT issued Notification No. 18/2025-26 under the Foreign Trade (Development & Regulation) Act, 1992, amending import policy conditions for precious metals under Chapter 71 of ITC (HS) 2022. The notification maintains "Free" import policy for palladium, rhodium, and iridium across six specific HS codes (71102100, 71102900, 71103100, 71103900, 71104100, 71104900) covering both unwrought/powder forms and other forms. However, new restrictions were imposed on alloys of these metals containing gold content exceeding one percent by weight, which are now classified as "Restricted" imports. The amendment took immediate effect from June 17, 2025, requiring importers to comply with additional regulatory requirements for gold-containing alloys while maintaining liberalized import regime for pure forms of these precious metals.
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