Retrospective application of beneficial circulars upheld, binding officers and granting post adjudication relief where adjudication occurred after cir...
Admissibility of Investigation Statements requires witness examination before the adjudicating authority; otherwise statements cannot sustain a penalt...
Transaction value and connected person treatment in excise valuation: proprietary concerns not inter connected undertakings, relief on valuation and c...
Appointment of Registrars as adjudicating officers under Companies Act reallocates territorial jurisdiction and sets appeal route to Regional Director...
Composite supply of drilling services and site specific chemicals characterised as composite supply; prior advance rulings set aside, tax rate left op...
FTP 2023 Para 4.43 is amended to grant a one-time relaxation for exporters of cut and polished diamonds eligible for zero-duty re-import. Where the re-import period expires on or between 1 March 2026 and 31 May 2026, that period is automatically extended by 30 days from the date of expiry. The underlying facility remains available to specified exporters and authorised Indian offices or agencies of laboratories, subject to the existing conditions in the policy and procedural guidelines. The amendment is issued to mitigate hardship caused by logistical bottlenecks and transit delays linked to regional instability.
FTP 2023 Para 4.43 is amended to grant a one-time relaxation for exporters of cut and polished diamonds eligible for zero-duty re-import. Where the re-import period expires on or between 1 March 2026 and 31 May 2026, that period is automatically extended by 30 days from the date of expiry. The underlying facility remains available to specified exporters and authorised Indian offices or agencies of laboratories, subject to the existing conditions in the policy and procedural guidelines. The amendment is issued to mitigate hardship caused by logistical bottlenecks and transit delays linked to regional instability.
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