Timing mismatch in income recognition requires verification whether receipts were already taxed in an earlier year; matter remitted for fresh examinat...
FOB transaction value and export incentives: customs valuation cannot override contractual export benefits or support confiscation without valid proof...
The description of the export product and the import quantities under SION A-2005 at Sl. No. 2 have been amended with immediate effect. The export product is revised from "Phenoxyethanol (Preservative Grade)" to "Phenoxyethanol", with the quantity remaining 1 kg. The permitted import item quantity for Phenol remains 0.690 kg, while the quantity for Ethylene Oxide is revised from 0.325 kg to 0.323 kg. The amendment is issued under the Foreign Trade Policy 2023 and operates immediately for the relevant input-output norm.
The description of the export product and the import quantities under SION A-2005 at Sl. No. 2 have been amended with immediate effect. The export product is revised from "Phenoxyethanol (Preservative Grade)" to "Phenoxyethanol", with the quantity remaining 1 kg. The permitted import item quantity for Phenol remains 0.690 kg, while the quantity for Ethylene Oxide is revised from 0.325 kg to 0.323 kg. The amendment is issued under the Foreign Trade Policy 2023 and operates immediately for the relevant input-output norm.
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