Co-operative credit society deduction on bank deposit interest upheld where funds were business funds and income remained attributable to member credi...
Transfer pricing benchmarking and receivables adjustments remanded: segmental financials need proper scrutiny, and foreign-currency interest must trac...
DGFT amends the Handbook of Procedures to automatically extend the Export Obligation (EO) period and Block-wise EO period to 31.08.2026 for specified Advance Authorisations and EPCG Authorisations whose EO expires between 01.03.2026 and 31.05.2026, without requirement of application, amendment, endorsement or payment of composition fee. This automatic extension is additional to any EO extension otherwise available under HBP/FTP. Composition fee refunds are not permitted where a fee was already paid. Customs shall allow exports accordingly and Regional Authorities will verify compliance at EODC issuance, closure or regularisation.
DGFT amends the Handbook of Procedures to automatically extend the Export Obligation (EO) period and Block-wise EO period to 31.08.2026 for specified Advance Authorisations and EPCG Authorisations whose EO expires between 01.03.2026 and 31.05.2026, without requirement of application, amendment, endorsement or payment of composition fee. This automatic extension is additional to any EO extension otherwise available under HBP/FTP. Composition fee refunds are not permitted where a fee was already paid. Customs shall allow exports accordingly and Regional Authorities will verify compliance at EODC issuance, closure or regularisation.
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