Capital Gain Deductibility: proportionate IPO and PMS expenses held allowable against capital gains where netting and nexus to transfer are establishe...
Admissibility of Documentary Evidence: appellate authority may admit self explanatory documents on first production and uphold deletion of unexplained...
Amendment prescribes minimum import prices for specified antibiotic intermediates and classifies imports below those CIF thresholds as 'Restricted', thereby changing their import status. For Penicillin G-potassium imports under the relevant ITC (HS) code, CIF below INR 2,216/kg is restricted; for Amoxicillin Trihydrate, CIF below INR 2,733/kg is restricted; for 6-APA, CIF below INR 3,405/kg is restricted. The minimum import price exceptions apply to 100% EOUs, SEZ units and imports under the Advance Authorization Scheme provided the imported inputs are not sold into the Domestic Tariff Area. The restrictions are effective immediately for one year.
Amendment prescribes minimum import prices for specified antibiotic intermediates and classifies imports below those CIF thresholds as 'Restricted', thereby changing their import status. For Penicillin G-potassium imports under the relevant ITC (HS) code, CIF below INR 2,216/kg is restricted; for Amoxicillin Trihydrate, CIF below INR 2,733/kg is restricted; for 6-APA, CIF below INR 3,405/kg is restricted. The minimum import price exceptions apply to 100% EOUs, SEZ units and imports under the Advance Authorization Scheme provided the imported inputs are not sold into the Domestic Tariff Area. The restrictions are effective immediately for one year.
Note: It is a system-generated summary and is for quick reference only.