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...
Section 18A permits voluntary post-clearance revision of customs entries under newly notified regulations, enabling importers/exporters to file an electronic revision (or revision-cum-refund) at the port of original clearance, obtain an ARN, pay any additional duty with interest (no penalty), and receive a Revised Entry Reference. Revisions follow a self-assessment route, may be verified or re-assessed by designated proper officers, and refunds are processed via the revised entry. Revisions are ineligible where audits, searches, seizures, investigations have been initiated or where reassessments under sections 17, 18 or 84 have occurred. A Rs.1,000 filing fee applies and an electronic eligibility declaration is required.
Section 18A permits voluntary post-clearance revision of customs entries under newly notified regulations, enabling importers/exporters to file an electronic revision (or revision-cum-refund) at the port of original clearance, obtain an ARN, pay any additional duty with interest (no penalty), and receive a Revised Entry Reference. Revisions follow a self-assessment route, may be verified or re-assessed by designated proper officers, and refunds are processed via the revised entry. Revisions are ineligible where audits, searches, seizures, investigations have been initiated or where reassessments under sections 17, 18 or 84 have occurred. A Rs.1,000 filing fee applies and an electronic eligibility declaration is required.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
