Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
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.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4816 
Join Channel 
