Transferable duty credit scrips validity and bona fide transferee entitlement to exemption upheld where scrips were subsisting at import, appeals allo...
Classification of knocked down motor vehicle component imports: Notification benefit denied because items are standalone non kit parts requiring subst...
Reassessment against a deceased assessee: procedural defect mandates fresh reassessment; nonresponsive petitioner may be treated as legal representati...
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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