Learn about SEBI Circular 2023 introducing Online Dispute Resolution (ODR) in the Indian Securities Market. Understand the process, benefits, and roles of MIIs and ODR Institutions.
Stay informed about the latest amendment to Central Excise Act 1944. Notification No. 25/2023-Central Excise increases Special Additional Excise Duty on Diesel exports to Rs. 1 per litre from August 1, 2023.
Stay updated with the latest amendment to Central Excise Act 1944. Notification No. 24/2023-Central Excise increases Special Additional Excise Duty on Petroleum Crude to Rs. 4,250 per tonne from August 1, 2023.
Get latest updates on Customs Tariff Value Amendment 2023, including rates for edible oils, brass scrap, areca nut, gold, and silver. Effective from August 1st, 2023.
Orissa High Court has stayed the demand of GST in a case where the Second Appellate Tribunal has not been constituted. The petitioner challenges the 1st appellate order.
ITAT allowed internet expenses and labour charges as business expenses and further held that Section 115BBE not applicable to expenses adequately explained during assessment
CESTAT Chennai upheld the eligibility of “External Hard Disc Drives” for exemption from customs duty under Notification No. 12/2012-CE. The classification as per the Central Excise Tariff Act was crucial in determining the benefit.
CESTAT Mumbai upheld the quashing of customs duty liability on the import of a barge, Aqua Float 300′, citing irregular value addition of equipment on board. The appeal focused on whether equipment should be charged separately, but the tribunal rejected the claim.
ITAT Mumbai rules that penalty under section 271(1)(c) of the Income Tax Act is not leviable on estimated additions. The decision is based on the principle established in previous judgments.
This article aims to identify the significance and changes in the foreign trade policy. The foreign trade policy is a legal document which was Issued by the Central government through the Foreign Trade Development and Regulation Act 1992.
