Business reorganisation requires recognition of successor's modified return; draft orders against dissolved transferor quashed and fresh review direct...
Pre-commencement R&D deduction denied where business had not commenced; deeming benefit requires tangible start of manufacture or commercial exploitat...
Priority of set-off: brought forward business losses must be adjusted before unabsorbed depreciation; procedural safeguards required for invoking rest...
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.
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