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Archive: February, 2022

Posts in February, 2022

CBIC amends amend Notification No. 52 and 37/2017-Customs

February 1, 2022 4882 Views 0 comment Print

Seeks to further amend Notification Nos. 52/2017- Customs dated 30.06.2017 and  Notification No. 37/2017- Customs, dated the 30th June, 2017, to remove entries which are being operated from the First Schedule to the Customs Tariff Act and certain redundant entries vide Notification No. 06/2022-Customs Dated 1st February, 2022 to give effect to Changes prescribed vide […]

CBIC withdraws 15 redundant Custom Duty Notifications

February 1, 2022 1539 Views 0 comment Print

Seeks to rescind 10/1995-Customs, dated the 7th March, 1995, 26/1999- Customs, dated the 28th February, 1999, 27/2004- Customs, dated the 23rd January, 2004, 14/2006- Customs, dated the 1st March, 2006, 48/2006- Customs, dated the 26th May, 2006, 90/2007- Customs, dated the 26th July, 2007, 8/2011- Customs, dated the 14th February, 2011, 24/2011- Customs, dated the […]

CBIC withdraws notifications prescribing additional custom duty on transformer oil import

February 1, 2022 2064 Views 0 comment Print

Seeks to rescind notification Nos. 190/1978-Customs and 191/1978-Customs both dated 22th September, 1978 prescribing additional duty of customs on imports of transformer oil equivalent to such portion of the excise duty leviable on the raw material commonly known as transformer oil base stock or transformer oil feedstock vide Notification No. 04/2022-Customs Dated 1st February, 2022 […]

Changes in exemption from Social Welfare Surcharge on Certain Goods

February 1, 2022 11649 Views 0 comment Print

Seeks to further amend notification No. 11/2018- Customs dated 2nd February, 2018 so as to exempt certain goods from Social Welfare Surcharge (SWS) and to withdraw SWS exemption on certain textile items vide Notification No. 03/2022-Customs Dated 1st February, 2022 to give effect to Changes prescribed vide Union Budget 2022-23 i.e. Finance Bill 2022. GOVERNMENT […]

Govt amends Basic Customs Duty (BCD) rates wef 02.02.2022

February 1, 2022 46812 Views 0 comment Print

Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe effective rate of Basic Customs Duty (BCD) vide Notification No. 02/2022-Customs Dated 1st February, 2022 to give effect to Changes prescribed vide Union Budget 2022-23 i.e. Finance Bill 2022. New Delhi, the 1st February, 2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE […]

Fabrication of documents not permissible even if it not cause loss to revenue: SC

February 1, 2022 5799 Views 0 comment Print

Even  assuming for a moment that the petitioners produced fake and fabricated documents, that has not caused any wrongful loss to the Government. Hence, this Court is of the view that a registration of crime and conducting investigation are abuse of process of law and, hence, the proceedings in the crime are liable to be quashed.

GST Evasion Case: Accused cannot be Detained in Custody Indefinitely- SC

February 1, 2022 4446 Views 0 comment Print

SC is of the view that appellant cannot be indefinitely detained in custody more so having already spent almost 50% of possible maximum sentence in alleged GST Evasion case of Rs. 64Cr.

Admiration of CGST for expeditious granting of GST Registration

February 1, 2022 966 Views 0 comment Print

CAAS appreciates the policy implementation by CGST Vadodara Zone with respect to issuing of speedy & non-invasive GST Registrations in matter of hours & at the most taking 2 days as promised under the Citizen Charter of CBIC. 

EPFO onboards Air India for social security coverage

February 1, 2022 549 Views 0 comment Print

EPFO onboards Air India for social security coverage to service the Social Security needs of their employees. Air India Ltd applied for voluntarily covered u/s 1(4) of the EPF & MP Act 1952 which has been allowed vide gazette notification dated 13.01.2022 w.e.f. 01-12-2021. The social security benefits will be provided to around 7,453 employees […]

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