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    Convertible debentures treated as equity, no transition amount under MAT, and Rule 8D disallowance failed for lack of satisfaction.
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      The Central Sample Cell at JNCH has prescribed a revised sample...

      Sample collection and dispatch rules tightened for faster laboratory testing of import consignments at JNCH.

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      CustomsMay 19, 2026Circulars
      The Central Sample Cell at JNCH has prescribed a revised sample collection and dispatch procedure to speed up testing of EXIM consignments. CSC officers will visit CFSs twice daily, except on second Saturdays, Sundays and public holidays, and samples for CRCL and Textile Committee Laboratories will be deposited the same day in two batches by 1 PM and 5 PM. Samples for laboratories outside the Mumbai Metropolitan Region, and for local laboratories that do not arrange collection, must be sent through Customs authorised courier the same evening. Courier and testing charges are to be borne and paid in advance by the importer, customs broker or CFS, and collection will proceed only after payment confirmation.

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      ActsIncome Tax