Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
International transhipment of FCL/LCL cargo is facilitated from Bengaluru Airport & Air Cargo Commissionerate in response to disruption in maritime routes caused by closure of the Strait of Hormuz, with processing stated to be under Section 143AA of the Customs Act, 1962. The notice directs importers, exporters, customs brokers, custodians and other stakeholders to the operative arrangement and provides for expeditious handling and supervision of transhipment requests. For that purpose, a Joint Commissioner is nominated as nodal officer for coordination, contact and oversight of the process.
International transhipment of FCL/LCL cargo is facilitated from Bengaluru Airport & Air Cargo Commissionerate in response to disruption in maritime routes caused by closure of the Strait of Hormuz, with processing stated to be under Section 143AA of the Customs Act, 1962. The notice directs importers, exporters, customs brokers, custodians and other stakeholders to the operative arrangement and provides for expeditious handling and supervision of transhipment requests. For that purpose, a Joint Commissioner is nominated as nodal officer for coordination, contact and oversight of the process.
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