Condonation of delay in filing GSTR-3B returns and entitlement to Section 62 benefit results in withdrawal of assessments and revocation of attachment...
Penalty for estimation of income and disallowances for tax non-deduction clarified: estimation-based penalties not sustainable; additions without conc...
Managerial remuneration disallowance under s.40A(2)(b) challenged over alleged tax-avoidance; appellate decision restored deletion of addition for dir...
Chennai Air Cargo Commissionerate is designated as a participating formation for CBIC's National Time Release Study (NTRS) 2026, covering Bills of Entry and Shipping Bills filed from 01.01.2026 to 07.01.2026, with tracking continuing until out-of-charge/let export order or 07.02.2026, whichever is earlier; the operative effect is that end-to-end timestamps up to exit from the customs area will be measured for the identified transactions to benchmark cargo release times. Stakeholders (including custodians, airlines and PGAs) are directed to furnish complete, accurate logistics and regulatory timestamp data in the prescribed templates and formats, maintain written records where manual capture is required, and report anomalies promptly; the operative effect is to ensure data integrity and system readiness to assess adherence to release benchmarks (imports under 24 hours; exports under 12 hours) and identify bottlenecks.
Chennai Air Cargo Commissionerate is designated as a participating formation for CBIC's National Time Release Study (NTRS) 2026, covering Bills of Entry and Shipping Bills filed from 01.01.2026 to 07.01.2026, with tracking continuing until out-of-charge/let export order or 07.02.2026, whichever is earlier; the operative effect is that end-to-end timestamps up to exit from the customs area will be measured for the identified transactions to benchmark cargo release times. Stakeholders (including custodians, airlines and PGAs) are directed to furnish complete, accurate logistics and regulatory timestamp data in the prescribed templates and formats, maintain written records where manual capture is required, and report anomalies promptly; the operative effect is to ensure data integrity and system readiness to assess adherence to release benchmarks (imports under 24 hours; exports under 12 hours) and identify bottlenecks.
Note: It is a system-generated summary and is for quick reference only.
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