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 amended import policy for precious metals under ITC(HS) Chapter 71, effective June 2025. Six tariff codes covering palladium, rhodium, and iridium in unwrought/powder form and other forms maintain "Free" import status. However, new restrictions apply to alloys of these metals containing gold exceeding one percent by weight, which are now classified as "Restricted" imports. The amendment was issued under Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, and Foreign Trade Policy 2023. CBIC instructed all customs commissioners to implement these changes immediately, focusing on the gold content threshold for determining restricted status of precious metal alloys.
The DGFT amended import policy for precious metals under ITC(HS) Chapter 71, effective June 2025. Six tariff codes covering palladium, rhodium, and iridium in unwrought/powder form and other forms maintain "Free" import status. However, new restrictions apply to alloys of these metals containing gold exceeding one percent by weight, which are now classified as "Restricted" imports. The amendment was issued under Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, and Foreign Trade Policy 2023. CBIC instructed all customs commissioners to implement these changes immediately, focusing on the gold content threshold for determining restricted status of precious metal alloys.
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