Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
SEBI has prescribed standard application forms and a certificate of registration for stock brokers and clearing members (Annexure); the forms set required applicant particulars, undertakings including compliance with Fit and Proper Person criteria and documentary proofs, and a model certificate of registration. The circular makes these forms effective retrospectively from January 07, 2026, and directs recognized stock exchanges and clearing corporations to disseminate the forms to members/participants and amend relevant bye laws, rules and regulations to implement the requirements. The circular is issued under statutory regulatory powers to protect investors and regulate securities markets.
SEBI has prescribed standard application forms and a certificate of registration for stock brokers and clearing members (Annexure); the forms set required applicant particulars, undertakings including compliance with Fit and Proper Person criteria and documentary proofs, and a model certificate of registration. The circular makes these forms effective retrospectively from January 07, 2026, and directs recognized stock exchanges and clearing corporations to disseminate the forms to members/participants and amend relevant bye laws, rules and regulations to implement the requirements. The circular is issued under statutory regulatory powers to protect investors and regulate securities markets.
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