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October 19, 2026   Case Laws Income Tax
Form 26AS evidence requires successor-entity accounting verification after business transfer, while invoice-supported related-party advertising expenditure remains allowable.
October 19, 2026   Case Laws Customs
Speaking-order requirements protect importers where reassessment changes classification and value without proven grounds or procedural fairness.
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Money-laundering judgment timing requires awaiting the scheduled-offence decision despite continuation of the underlying trial where outcomes directly intersect.
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Intermediary services in overseas film-production arrangements fall outside India's taxable territory, eliminating reverse-charge tax where representatives merely facilitate procurement.
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Preferential tariff concessions for New Zealand-origin imports apply subject to origin proof, specified customs rates, and tariff quota conditions.
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October 18, 2026   Circulars SEBI
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October 18, 2026   Circulars Customs
Import bonded trucking permission enables air-cargo transshipment under ECTS seals, subject to bond liability and renewal conditions.
October 18, 2026   Circulars Customs
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Home › Highlights › DGFT › 2025 › July, 2025 › This
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DGFT

The government has introduced three new Standard Input Output...

New SIONs Set Input Quantities for Betamethasone, Fumaric Acid, and Maleic Anhydride Exports

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DGFT July 30, 2025 Circulars
The government has introduced three new Standard Input Output Norms (SIONs) under the Chemical and Allied Product category, specifying input quantities for certain export products. The norms fix the allowable import quantities for producing one kilogram of each export product: 0.915 kg of Betamethasone for Betamethasone Valerate EP/BP/USP, 0.725 kg of Fumaric Acid 99% for Ferrous Fumarate USP/BP/FCC/IP, and 0.65 kg of Maleic Anhydride for Ferrous Fumarate USP/BP/FCC/IP. These norms are established under the authority granted by the Foreign Trade Policy and are intended to regulate the input-output ratios for these chemical exports.
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Acts Income Tax
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