Transfer pricing comparability under TNMM: foreign exchange loss on ECB excluded from operating cost, and a functionally dissimilar comparator removed...
Fake AI-generated precedents vitiate adjudication, with unverified citations contaminating the decision-making process and undermining the rule of law...
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CBIC circular streamlines courier-based e-commerce trade by removing the value cap for commercial export consignments, extending the facilitation to non-e-commerce commercial exports as well. It permits Return to Origin for imported courier goods left uncleared or unclaimed for more than 15 days, where the goods are neither prohibited nor restricted nor intercepted, subject to approval by the jurisdictional DC/AC and filing of the prescribed courier export documents in ECCS. It also simplifies re-import of returned and rejected goods through a risk-based approach, supported by amendments to the relevant customs notifications and a separate return module in ECCS.
CBIC circular streamlines courier-based e-commerce trade by removing the value cap for commercial export consignments, extending the facilitation to non-e-commerce commercial exports as well. It permits Return to Origin for imported courier goods left uncleared or unclaimed for more than 15 days, where the goods are neither prohibited nor restricted nor intercepted, subject to approval by the jurisdictional DC/AC and filing of the prescribed courier export documents in ECCS. It also simplifies re-import of returned and rejected goods through a risk-based approach, supported by amendments to the relevant customs notifications and a separate return module in ECCS.
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