Appeal allowed; impugned order quashed as regulator failed to prove nexus or manipulative scheme; sale genuine - s.12A(a)-(c), Regs 3(a)-(d),4(1),4(2)...
Appellant's ring-back tone service held OIDAR, taxable domestically for 01.07.2012-31.07.2016; liability confirmed, penalties vacated, remanded for re...
Government authority issues Public Notice No. 34/2025-26 amending Para 6.34(h) of Chapter 6 of the Handbook of Procedure 2023 under powers in Paras 1.03 and 2.04 of the Foreign Trade Policy 2023. The amendment replaces the earlier reference to extension of Letters of Permission (LOP) beyond the initial period as per FTP 6.05(a) with a new regime under HBP 6.01(c). Authorities may now extend LOP/LOI validity once production commences for up to five years at a time, or extend the initial two-year validity by one additional year for recorded valid reasons, applicable to EOU/BTP/EHTP/STP units.
Government authority issues Public Notice No. 34/2025-26 amending Para 6.34(h) of Chapter 6 of the Handbook of Procedure 2023 under powers in Paras 1.03 and 2.04 of the Foreign Trade Policy 2023. The amendment replaces the earlier reference to extension of Letters of Permission (LOP) beyond the initial period as per FTP 6.05(a) with a new regime under HBP 6.01(c). Authorities may now extend LOP/LOI validity once production commences for up to five years at a time, or extend the initial two-year validity by one additional year for recorded valid reasons, applicable to EOU/BTP/EHTP/STP units.
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