Trademark depreciation and section 14A adjustments: ITAT applies consistency, independent book-profit computation, and no disallowance without exempt ...
Rebuttable search presumptions and corroboration standards shaped deletion of unsubstantiated additions, while rental income and limited profit estima...
Import policy for CTH 7113 jewellery and parts under Chapter 71 of ITC (HS) 2022 is revised to Restricted for the specified tariff lines, with immediate effect. The amendment applies notwithstanding transitional arrangements, prior contracts, irrevocable letters of credit, advance payments, shipment status, or any other prior commitment, so no transitional benefit is available. Imports by 100% Export Oriented Units and SEZ units remain exempt when goods are not sold into the Domestic Tariff Area, and imports under the Gems and Jewellery export schemes in Chapter 4 of FTP 2023 are also excluded. Imports under a valid India-UAE CEPA TRQ may be allowed without an import licence for the specified gold jewellery entries.
Import policy for CTH 7113 jewellery and parts under Chapter 71 of ITC (HS) 2022 is revised to Restricted for the specified tariff lines, with immediate effect. The amendment applies notwithstanding transitional arrangements, prior contracts, irrevocable letters of credit, advance payments, shipment status, or any other prior commitment, so no transitional benefit is available. Imports by 100% Export Oriented Units and SEZ units remain exempt when goods are not sold into the Domestic Tariff Area, and imports under the Gems and Jewellery export schemes in Chapter 4 of FTP 2023 are also excluded. Imports under a valid India-UAE CEPA TRQ may be allowed without an import licence for the specified gold jewellery entries.
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