PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
An amendment to FTP-2023 revises eligibility and duty relief for Diamond Imprest Authorisations: exporters with Two Star Export House status (minimum US$15 million in cut & polished diamond exports each year for the past three years and filed GST/ITR) remain eligible to import natural cut & polished diamonds up to 5% of the three-year average, capped at US$15 million; a chartered accountant certificate may temporarily substitute for an unfinalized ITR provided the ITR is filed by 31 December of the application year; imports retain exemptions from various customs and safeguard duties but are no longer exempt from integrated tax and compensation cess.
An amendment to FTP-2023 revises eligibility and duty relief for Diamond Imprest Authorisations: exporters with Two Star Export House status (minimum US$15 million in cut & polished diamond exports each year for the past three years and filed GST/ITR) remain eligible to import natural cut & polished diamonds up to 5% of the three-year average, capped at US$15 million; a chartered accountant certificate may temporarily substitute for an unfinalized ITR provided the ITR is filed by 31 December of the application year; imports retain exemptions from various customs and safeguard duties but are no longer exempt from integrated tax and compensation cess.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
