Tax appeal allowed: AO exceeded s.144C DRP mandate by introducing new findings and recharacterising non-resident receipts as permanent establishment i...
Anonymized petitioner gets partial relief: bank guarantee quashed, PVC-coated fabric released under reduced conditions while valuation proceedings con...
A partial amendment revises the import policy for synthetic knitted fabric under ITC (HS) code 60053600: imports remain "Restricted" with a Minimum Import Price (MIP) of USD 3.50 per kg, but fabrics in the 28-48 grams per square meter (GSM) range are exempt from the MIP. MIP conditions for other notified HS codes remain unchanged. Inputs imported by Advance Authorisation holders, Export Oriented Units and units in SEZ are exempt from the MIP provided the imports are not sold into the Domestic Tariff Area.
A partial amendment revises the import policy for synthetic knitted fabric under ITC (HS) code 60053600: imports remain "Restricted" with a Minimum Import Price (MIP) of USD 3.50 per kg, but fabrics in the 28-48 grams per square meter (GSM) range are exempt from the MIP. MIP conditions for other notified HS codes remain unchanged. Inputs imported by Advance Authorisation holders, Export Oriented Units and units in SEZ are exempt from the MIP provided the imports are not sold into the Domestic Tariff Area.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4830 
Join Channel 
