Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
Employee conflict disclosures and investment restrictions expand with new recusal duties, post-employment limits, and compliance reporting requirement...
International transshipment of FCL/LCL cargo between Mundra and other customs stations is permitted subject to documentary verification and coordination with the originating and destination nodal officers, following the CBIC circular on route disruption caused by closure of the Strait of Hormuz. Requests must be filed with the Docks Preventive Section with the shipping line letter, master bill of lading showing seal numbers for containerised cargo, and transhipment bond and insurance. Movement is allowed only after documents are verified and, where relevant, cargo-handling capacity and secure storage availability are confirmed electronically. After loading for the foreign destination, the custodian must submit the SDF for bond discharge and record closure.
International transshipment of FCL/LCL cargo between Mundra and other customs stations is permitted subject to documentary verification and coordination with the originating and destination nodal officers, following the CBIC circular on route disruption caused by closure of the Strait of Hormuz. Requests must be filed with the Docks Preventive Section with the shipping line letter, master bill of lading showing seal numbers for containerised cargo, and transhipment bond and insurance. Movement is allowed only after documents are verified and, where relevant, cargo-handling capacity and secure storage availability are confirmed electronically. After loading for the foreign destination, the custodian must submit the SDF for bond discharge and record closure.
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