Minimum Import Price restrictions for Black Pepper, Areca-nuts and Apples upheld; procedural laying failure not fatal, notifications to be placed befo...
Transaction value between related persons requires market-equivalent pricing; importer must prove declared value mirrors ordinary international trade ...
Classification of exported insecticides under export tariff affirmed; reclassification and related penalties set aside and MEIS scrip jurisdiction rec...
Misclassification between copra and dry coconut: customs recovery and re-valuation quashed for lack of prior licensing-authority invalidation, appeals...
Residents, as well as non-residents, are now permitted to exchange Indian Rupee notes at foreign exchange counters located in departure halls of international airports, provided the counters are within the Duty-Free Area or Security Hold Area beyond the immigration or customs desk. The Master Direction on Money Changing Activities is being amended to reflect this expanded placement and access. Authorised Persons may notify customers of the change, which operates without prejudice to any approvals required under other laws.
Residents, as well as non-residents, are now permitted to exchange Indian Rupee notes at foreign exchange counters located in departure halls of international airports, provided the counters are within the Duty-Free Area or Security Hold Area beyond the immigration or customs desk. The Master Direction on Money Changing Activities is being amended to reflect this expanded placement and access. Authorised Persons may notify customers of the change, which operates without prejudice to any approvals required under other laws.
Note: It is a system-generated summary and is for quick reference only.