Penalty for estimation of income and disallowances for tax non-deduction clarified: estimation-based penalties not sustainable; additions without conc...
Managerial remuneration disallowance under s.40A(2)(b) challenged over alleged tax-avoidance; appellate decision restored deletion of addition for dir...
Classification of imported goods as electronic cigarette versus tobacco product reversed for lack of proof; order set aside for jurisdictional overrea...
Export policy for specified feathers, other feather products and related skins under selected ITC(HS) codes is amended with immediate effect. The revised policy adds a new condition requiring consignment-wise certification linked to EU/UK requirements: CAPEXIL must issue a Veterinary Certificate or Shipment Clearance Certificate with exporter and plant details, and the exporter must provide a Production Process Certificate or Veterinary Health Certificate to the buyer after shipment. A Veterinary Health Certificate is to be jointly issued by CAPEXIL and the Animal Quarantine Officer only where mandated by the importing country. The affected items remain free for export, but are now subject to Policy Conditions 1 and 5.
Export policy for specified feathers, other feather products and related skins under selected ITC(HS) codes is amended with immediate effect. The revised policy adds a new condition requiring consignment-wise certification linked to EU/UK requirements: CAPEXIL must issue a Veterinary Certificate or Shipment Clearance Certificate with exporter and plant details, and the exporter must provide a Production Process Certificate or Veterinary Health Certificate to the buyer after shipment. A Veterinary Health Certificate is to be jointly issued by CAPEXIL and the Animal Quarantine Officer only where mandated by the importing country. The affected items remain free for export, but are now subject to Policy Conditions 1 and 5.
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