Proportionate interest, unexplained credits and partner remuneration disputed; proofs of fund nexus and lender identity were decisive and disallowance...
Capital gains valuation from stamp assessment versus net consideration for residential reinvestment: deemed stamp value replaced for gains but not for...
Specified Standard Input Output Norms (SIONs) for Chemical and Allied Products are revised, including amendments to existing entries and insertion of new entries for identified products, by prescribing updated permissible import inputs and corresponding consumption norms/limits (including net-to-net quantities and percentage/value-based caps), thereby altering the import entitlement computation for advance authorisation/duty-free replenishment claims for those export products. The General Notes applicable to all export product groups are revised to restate conditions on correlation of permitted inputs with the export product description, treatment of alternative inputs, indication of inputs in quantity/value where applicable, wastage and accountability requirements, and value ceilings for specified input categories, thereby tightening documentation and limiting import allowances accordingly. These amendments apply with immediate effect.
Specified Standard Input Output Norms (SIONs) for Chemical and Allied Products are revised, including amendments to existing entries and insertion of new entries for identified products, by prescribing updated permissible import inputs and corresponding consumption norms/limits (including net-to-net quantities and percentage/value-based caps), thereby altering the import entitlement computation for advance authorisation/duty-free replenishment claims for those export products. The General Notes applicable to all export product groups are revised to restate conditions on correlation of permitted inputs with the export product description, treatment of alternative inputs, indication of inputs in quantity/value where applicable, wastage and accountability requirements, and value ceilings for specified input categories, thereby tightening documentation and limiting import allowances accordingly. These amendments apply with immediate effect.
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