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...
Reversal of input tax credit in proportion to exempt supply: specificity of show-cause notice required; order set aside, fresh proceedings allowed wit...
Export policy for baryte (natural barium sulphate) is amended on a grade-wise basis. Grade A and Grade B baryte are moved to the Restricted category, so their export now requires DGFT authorisation or licensing under the procedure applicable to restricted items. Grade CDW baryte remains in the Free category and continues to be freely exportable. The amendment applies to baryte under the specified ITC/HS entries and changes the operative export control regime according to specific gravity-based grades.
Export policy for baryte (natural barium sulphate) is amended on a grade-wise basis. Grade A and Grade B baryte are moved to the Restricted category, so their export now requires DGFT authorisation or licensing under the procedure applicable to restricted items. Grade CDW baryte remains in the Free category and continues to be freely exportable. The amendment applies to baryte under the specified ITC/HS entries and changes the operative export control regime according to specific gravity-based grades.
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