International transaction characterisation of domestic divestment of support services business rejected; transaction between resident associated enter...
Minimum Import Price restrictions for Black Pepper, Areca-nuts and Apples upheld; procedural laying failure not fatal, notifications to be placed befo...
Transaction value between related persons requires market-equivalent pricing; importer must prove declared value mirrors ordinary international trade ...
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The import policy for ITC (HS) code 71141920 (articles of platinum) is amended from 'Free' to 'Restricted', effective immediately. A new Policy Condition No. 6 makes three categories of re imports of Indian origin platinum articles free: goods returned from overseas exhibitions or export promotion tours, goods rejected/returned/unsold, and goods re imported for repair. The revised entry places the item under Chapter 71's restricted regime and subjects all imports of platinum articles to Policy Condition No. 6, which carves out the specified re import exemptions.
The import policy for ITC (HS) code 71141920 (articles of platinum) is amended from 'Free' to 'Restricted', effective immediately. A new Policy Condition No. 6 makes three categories of re imports of Indian origin platinum articles free: goods returned from overseas exhibitions or export promotion tours, goods rejected/returned/unsold, and goods re imported for repair. The revised entry places the item under Chapter 71's restricted regime and subjects all imports of platinum articles to Policy Condition No. 6, which carves out the specified re import exemptions.
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