Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
Attachment of Pre Offence Mortgaged Property remains possible under PMLA; secured creditors may pursue statutory claim and seek auction with undertaki...
The Export Policy for wheat under the specified HS codes remains prohibited, but the Government has authorised a capped quantity of wheat exports and will prescribe detailed modalities via a separate Public Notice to be issued by DGFT; this authorised export is subject to the existing policy condition permitting additional exports when the Government grants permission to foreign governments to meet food security needs upon their request, which applies over and above the authorised quantity. The amendment amends Chapter 10 of Schedule 2 of the ITC (HS) Export Policy and preserves prior policy conditions.
The Export Policy for wheat under the specified HS codes remains prohibited, but the Government has authorised a capped quantity of wheat exports and will prescribe detailed modalities via a separate Public Notice to be issued by DGFT; this authorised export is subject to the existing policy condition permitting additional exports when the Government grants permission to foreign governments to meet food security needs upon their request, which applies over and above the authorised quantity. The amendment amends Chapter 10 of Schedule 2 of the ITC (HS) Export Policy and preserves prior policy conditions.
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