Revenue authority mandates using scheme-specific reversal procedures, not revising original entries, for instrument-based trade/customs benefits effec...
Transaction value under s.15(1) governs unrelated sales; valuation between related parties per Rule 28; consignment note required for unregistered rec...
The customs authority grants a one-year permission to a courier operator to transship imported goods from an express cargo terminal in Bengaluru to designated airports (Chennai, Cochin, Hyderabad, Coimbatore) via a bonded trucking firm under road transport, subject to compliance with transshipment regulations. Conditions include execution of transshipment bonds (Rs. 5 crore each) and a bank guarantee (Rs. 75 lakh) by the courier operator (with a prior BG waiver noted for the transporter), specific manifesting and segregation, secured TP processing area under customs supervision and CCTV, sealing procedures, filing of cargo transfer manifests, recordkeeping, payment of a Rs. 20 application fee per transshipment, destination acknowledgements within 30 days, and renewal/withdrawal provisions.
The customs authority grants a one-year permission to a courier operator to transship imported goods from an express cargo terminal in Bengaluru to designated airports (Chennai, Cochin, Hyderabad, Coimbatore) via a bonded trucking firm under road transport, subject to compliance with transshipment regulations. Conditions include execution of transshipment bonds (Rs. 5 crore each) and a bank guarantee (Rs. 75 lakh) by the courier operator (with a prior BG waiver noted for the transporter), specific manifesting and segregation, secured TP processing area under customs supervision and CCTV, sealing procedures, filing of cargo transfer manifests, recordkeeping, payment of a Rs. 20 application fee per transshipment, destination acknowledgements within 30 days, and renewal/withdrawal provisions.
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