Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Joint development agreements defer taxable transfer where possession lacks part performance, while completed flats determine consideration and exempti...
Passenger baggage re-export requires true declaration and cannot be granted indirectly through discretionary redemption of undeclared prohibited goods...
International transhipment of both FCL and LCL cargo is permitted from all seaports and international airports, including movements through other Customs stations, subject to compliance with the Customs Act, 1962 and the rules made thereunder. Each Customs Zone must appoint a senior Nodal Officer to coordinate priority approvals, while the originating and transit stations must obtain and convey prior consent by official email and ensure secure handling under Customs control. The circular also allows ICD-origin export cargo lying at gateway ports to have LEO/Shipping Bill cancelled by the originating ICD, with onward removal, return or re-routing permitted without returning containers to the ICD, through expedited electronic processing. The facility remains in force until 15.04.2026.
International transhipment of both FCL and LCL cargo is permitted from all seaports and international airports, including movements through other Customs stations, subject to compliance with the Customs Act, 1962 and the rules made thereunder. Each Customs Zone must appoint a senior Nodal Officer to coordinate priority approvals, while the originating and transit stations must obtain and convey prior consent by official email and ensure secure handling under Customs control. The circular also allows ICD-origin export cargo lying at gateway ports to have LEO/Shipping Bill cancelled by the originating ICD, with onward removal, return or re-routing permitted without returning containers to the ICD, through expedited electronic processing. The facility remains in force until 15.04.2026.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4814 
Join Channel 
