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...
Procedure notifies DGFT's operative framework for a second-round TRQ allocation of gold under India-UAE CEPA, limiting available quantity to 80 MT and conducting allocation via competitive e-auction. Eligibility is broadened per Annexure-IV of Appendix-2A (BIS hallmark and GSTIN required; imports of gold dore excluded), with capped maximum allocations for micro, small and medium enterprises and other units; TRQ authorisations issued are valid for six months. The tender prescribes a 51-bucket price bid mechanism, technical qualification, bid security and participation fee, forfeiture and Denied Entity List consequences for fraudulent or non-compliant bidders, EFC allocation and DGFT's rights to amend, suspend or cancel the process under Indian law.
Procedure notifies DGFT's operative framework for a second-round TRQ allocation of gold under India-UAE CEPA, limiting available quantity to 80 MT and conducting allocation via competitive e-auction. Eligibility is broadened per Annexure-IV of Appendix-2A (BIS hallmark and GSTIN required; imports of gold dore excluded), with capped maximum allocations for micro, small and medium enterprises and other units; TRQ authorisations issued are valid for six months. The tender prescribes a 51-bucket price bid mechanism, technical qualification, bid security and participation fee, forfeiture and Denied Entity List consequences for fraudulent or non-compliant bidders, EFC allocation and DGFT's rights to amend, suspend or cancel the process under Indian law.
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