Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Joint development agreements defer taxable transfer where possession lacks part performance, while completed flats determine consideration and exempti...
Page of 4811
Press 'Enter' after typing page number.
661 to 680 of 96208 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Under Sections 3(2) and 5 of the Foreign Trade (Development and...
Electronic publication of import restrictions operates prospectively; goods landed before e-Gazette notification could not be subjected to authorisation.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Under Sections 3(2) and 5 of the Foreign Trade (Development and Regulation) Act, 1992, an import restriction notification becomes enforceable only on publication in the Official Gazette, and for an e-Gazette notification the effective moment is its digital signing and publication. Because the notification was published after the goods had already landed at Ahmedabad Airport, it could not operate retrospectively to require import authorisation for that consignment. The restriction therefore applied only from the time of valid electronic publication, and the goods were directed to be assessed, cleared, and granted out-of-charge subject to other formalities.
Under Sections 3(2) and 5 of the Foreign Trade (Development and Regulation) Act, 1992, an import restriction notification becomes enforceable only on publication in the Official Gazette, and for an e-Gazette notification the effective moment is its digital signing and publication. Because the notification was published after the goods had already landed at Ahmedabad Airport, it could not operate retrospectively to require import authorisation for that consignment. The restriction therefore applied only from the time of valid electronic publication, and the goods were directed to be assessed, cleared, and granted out-of-charge subject to other formalities.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4811 
Join Channel 
