Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
An amendment inserts Para 4.53(e) into the Handbook of Procedures, 2023, authorizing system-related corrective amendments to unutilized and un-transferred Duty Free Import Authorisations (DFIAs) via ANF 4G, subject to Head of Office approval, under powers of the Foreign Trade Policy. The correction facility aims to ease doing business and expressly permits adjustments such as unit-of-measure, ITC HS code, and import value corrections for eligible DFIAs. The change is effective by public notice dated 09 September 2025.
An amendment inserts Para 4.53(e) into the Handbook of Procedures, 2023, authorizing system-related corrective amendments to unutilized and un-transferred Duty Free Import Authorisations (DFIAs) via ANF 4G, subject to Head of Office approval, under powers of the Foreign Trade Policy. The correction facility aims to ease doing business and expressly permits adjustments such as unit-of-measure, ITC HS code, and import value corrections for eligible DFIAs. The change is effective by public notice dated 09 September 2025.
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