Enhanced tax rate on surrendered unexplained income applies prospectively, while cash-deposit telescoping requires verification of available surrender...
Customs Broker licence proceedings require accurate procedural facts before delay or natural-justice findings can justify setting aside regulatory act...
Provisional assessment finalisation must precede export duty recovery, while redemption fine fails for goods already exported and unavailable for conf...
Interest subvention support under the Export Promotion Mission is clarified to address cases where UIN generation lagged behind disbursal of eligible pre- or post-shipment export credit. For FY 2025-26, claims may be filed where credit was disbursed on or after 02.01.2026 and the UIN is generated on or before 31.05.2026; subvention is admissible from the date of disbursal, not from UIN generation. From FY 2026-27 onwards, a UIN generated within 15 days of original disbursal remains valid for subvention, which also runs from disbursal. Banks must apply the rate prevailing on the loan disbursal date, and claims must be linked to the relevant year of disbursal.
Interest subvention support under the Export Promotion Mission is clarified to address cases where UIN generation lagged behind disbursal of eligible pre- or post-shipment export credit. For FY 2025-26, claims may be filed where credit was disbursed on or after 02.01.2026 and the UIN is generated on or before 31.05.2026; subvention is admissible from the date of disbursal, not from UIN generation. From FY 2026-27 onwards, a UIN generated within 15 days of original disbursal remains valid for subvention, which also runs from disbursal. Banks must apply the rate prevailing on the loan disbursal date, and claims must be linked to the relevant year of disbursal.
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