Tax authority's substitution of projected figures with actuals overturned; original acquisition valuation upheld; transfer pricing issues remitted for...
Beneficial owner held liable for differential customs duty; royalties added under Rule 10(1)(c); confiscation, penalties under s.111(m), s.114A, s.112...
Central tax authorities announce the launch of SWIFT 2.0, a fully digital Single Window platform serving as a single touch point for importers, exporters, and Partner Government Agencies (PGAs) for EXIM NOC processing. Unlike the earlier document-repository system, SWIFT 2.0 enables end-to-end digital, data-driven processing, unified dashboards, online submission of additional data and documents, real-time alerts, online fee payments, digital NOC downloads, and inspection scheduling. In the first phase, Animal Quarantine and Certification Services, Plant Quarantine Management System, and Food Safety and Standards Authority are onboarded, with mandatory data fields and documents integrated into the Bill of Entry. Mandatory filing for these PGAs commences 01.12.2025.
Central tax authorities announce the launch of SWIFT 2.0, a fully digital Single Window platform serving as a single touch point for importers, exporters, and Partner Government Agencies (PGAs) for EXIM NOC processing. Unlike the earlier document-repository system, SWIFT 2.0 enables end-to-end digital, data-driven processing, unified dashboards, online submission of additional data and documents, real-time alerts, online fee payments, digital NOC downloads, and inspection scheduling. In the first phase, Animal Quarantine and Certification Services, Plant Quarantine Management System, and Food Safety and Standards Authority are onboarded, with mandatory data fields and documents integrated into the Bill of Entry. Mandatory filing for these PGAs commences 01.12.2025.
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