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    Income-tax consistency and real income principles shape allowability of pension, securities valuation, and NPA interest claims.
    Customs SOP for cross-stuffing transshipment containers sets strict documentation, sealing, recording, and movement controls.
    Interest subvention support extended to specified Chapter 72 export credit lines only for Micro and Small Enterprises, prospectively.
    Simplified customs procedure for returned export containers allows offloading without bill of entry if seals remain intact and verified.
    Economic offences and bail discretion: Section 480(6) BNSS does not create an automatic right to bail.
    Limitation for GST refund claims follows the law in force on the transaction date; unutilised ITC refunds use Explanation 2(e).
    GST advance rulings remain subject to limited writ review, and unequal tax treatment for cut tobacco could not stand.
    Annual return compliance: delayed Form GSTR-9C can attract late fee where the reconciliation statement is mandatory.
    Input tax credit re-credit cannot be blocked by portal limitations; undisputed entitlement must be restored manually.
    Natural justice breach in tax adjudication: improper service of notice and denial of hearing led to quashing of recovery action.
    Refund of input tax credit under inverted duty structure to be reconsidered under settled Supreme Court law, with reasons required.
    Electronic GST communication need not separately quote DIN when a verifiable RFN and statutory service modes establish traceability.
    Overlapping GST adjudication barred where the same suppliers and ITC dispute had already been decided by State authorities.
    GST portal migration from QRMP to monthly returns permitted, with backend changes and late-fee compliance required.
    Writ interference at show cause stage refused where GST notice raised disputed factual and classification issues.
    Composite supply in CIF imports bars separate GST on ocean freight; double taxation on the service element is impermissible.
    Belated GST appeal may be entertained on condition of pre-deposit where reduced-penalty relief was not used.
    Electronic credit ledger blocking cannot survive beyond one year and ordinarily requires a pre-decisional hearing.
    Retrospective GST amendment cured belated input tax credit defect, leading to quashing of the demand and fresh adjudication.
    Blocked input tax credit on land lease rental for factory construction extends to pre- and post-construction periods.
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      Customs has streamlined the grant of Entry Inwards by delinking...

      Entry Inwards streamlined for vessel discharge as Customs delinks boarding formalities from cargo commencement.

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      CustomsApril 3, 2026Circulars
      Customs has streamlined the grant of Entry Inwards by delinking it from physical boarding formalities, allowing vessel discharge to begin immediately after the vessel enters the docks and the Boarding Officer records Entry Inwards in ICES. For NSD, KPD and MCH Haldia, the Vessel Agent must email a request confirming dock entry, intimate the Boarding Officer, produce supporting documents at boarding, and then commence discharge after communication of Entry Inwards. The Boarding Officer must still complete boarding formalities and take action for any variation, shortcoming or misdeclaration. For Budge Budge and Oversite Anchorage Points, similar email-based intimation applies, subject to completion of other required formalities for bulk or liquid cargo. Previous notices are amended accordingly.

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      ActsIncome Tax