Transfer pricing comparables and adjustments: Tribunal revisits loss-maker status, segmental comparability, working capital relief, and risk allocatio...
Business expenditure disallowance failed where commission, related-party salary and promotion payments were supported by records and inquiry was inade...
Import policy for silver bars under ITC(HS) codes 71069221 and 71069229 is amended from "Free" to "Restricted" with immediate effect. The revised policy applies to bars containing 99.9% or more silver and other silver bars, and import is now subject to Policy Condition No. 7 of Chapter 71 of ITC(HS) 2022, Schedule I. The notification also replaces the earlier RBI-regulated free import treatment for these items, thereby tightening the import control regime for specified silver bar classifications.
Import policy for silver bars under ITC(HS) codes 71069221 and 71069229 is amended from "Free" to "Restricted" with immediate effect. The revised policy applies to bars containing 99.9% or more silver and other silver bars, and import is now subject to Policy Condition No. 7 of Chapter 71 of ITC(HS) 2022, Schedule I. The notification also replaces the earlier RBI-regulated free import treatment for these items, thereby tightening the import control regime for specified silver bar classifications.
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