Prior Sanction Requirement: absence of prescribed approval invalidates reassessment notice; limitation also bars notice if escaped income below thresh...
Eligibility for exemption depends on strict construction of the product description; reapers without binder are ineligible, but confiscation and penal...
Customs jurisdiction defined for Principal Commissioner, Vishakhapatnam, covering specified ports, districts and India's adjacent EEZ; effective on pu...
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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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