Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
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.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
