Transfer pricing requires evidence for AMP transactions, functionally reliable comparables, and appropriate aggregation or Berry Ratio benchmarking me...
Revisionary jurisdiction cannot reopen share capital assessments where adequate inquiry supports a permissible view and no independent error is establ...
Reassessment jurisdiction fails where unverified portal information is aggregated without examining the taxpayer's explanation or relevance of entries...
Statutory sanction for delayed reassessment requires approval from the prescribed authority; approval by an inferior authority invalidates jurisdictio...
Transfer pricing margin adjustments require matching treatment of non-operating income and related costs, with comparability issues reconsidered on ev...
Preliminary-expense amortisation and MAT exempt-income adjustments prevailed, while trademark costs and managerial remuneration require fresh verifica...
Export valuation requires contemporaneous evidence; unrelated invoices cannot prove overvaluation, and dual penalties on firm and partner are impermis...
The Central Government, exercising powers under section 9A(1) and (5) of the Customs Tariff Act, 1975, and rules 18 and 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-Dumping Duty) Rules, 1995, amended Notification No. 37/2020-Customs (ADD) to extend the anti-dumping duty on imports of clear float glass originating from Malaysia. The extension prolongs the levy of the anti-dumping duty until 10 February 2026, unless revoked, superseded, or amended earlier. This extension follows a review initiated by the designated authority to assess the continuation of the duty. The amendment ensures continued protection against dumped imports of the subject goods, maintaining the anti-dumping duty regime established in 2020.
The Central Government, exercising powers under section 9A(1) and (5) of the Customs Tariff Act, 1975, and rules 18 and 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-Dumping Duty) Rules, 1995, amended Notification No. 37/2020-Customs (ADD) to extend the anti-dumping duty on imports of clear float glass originating from Malaysia. The extension prolongs the levy of the anti-dumping duty until 10 February 2026, unless revoked, superseded, or amended earlier. This extension follows a review initiated by the designated authority to assess the continuation of the duty. The amendment ensures continued protection against dumped imports of the subject goods, maintaining the anti-dumping duty regime established in 2020.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4807 
Join Channel 
