Reassessment under s.148A held valid; s.69 additions totaling Rs.7,00,000 deleted after acceptable contemporaneous explanations for property investmen...
Adjudication set aside; Rule 9 valuation based on internet engineer report quashed for Rule 3(4) non-compliance; Section 138B cross-examination requir...
The central government amended import policy conditions to classify sulfadiazine API (specified HS codes) with CIF value below Rs.1,774 per kg as "restricted" with immediate effect until 30 September 2026; imports above that threshold remain free. The minimum import price (MIP) condition does not apply to imports by Advance Authorization holders, Export Oriented Units and units in Special Economic Zones provided the imported inputs are not sold into the Domestic Tariff Area. The amendment is issued under the Foreign Trade (Development & Regulation) Act and applicable provisions of the Foreign Trade Policy.
The central government amended import policy conditions to classify sulfadiazine API (specified HS codes) with CIF value below Rs.1,774 per kg as "restricted" with immediate effect until 30 September 2026; imports above that threshold remain free. The minimum import price (MIP) condition does not apply to imports by Advance Authorization holders, Export Oriented Units and units in Special Economic Zones provided the imported inputs are not sold into the Domestic Tariff Area. The amendment is issued under the Foreign Trade (Development & Regulation) Act and applicable provisions of the Foreign Trade Policy.
Note: It is a system-generated summary and is for quick reference only.