CBIC announces a significant reduction in Special Additional Excise Duty on Diesel exports to Rs. 1 per litre from Rs. 2, effective November 16, 2023.
“Read about CBIC’s latest move reducing Special Additional Excise Duty on Petroleum Crude production to Rs. 6300 per tonne, effective from November 16, 2023.
Explore the latest Customs Act amendments with Notification No. 83/2023 by the Ministry of Finance, India. Changes in foreign currency rates effective from 16th November 2023
Latest Customs Order (02/2023) for Stainless Steel (J3 Grade) under HS Codes. Learn about compliance rules, documentation, and effective dates.
Explore the latest customs tariff amendments by the Ministry of Finance (Department of Revenue) through Notification No. 82/2023-Customs (N.T.) dated 15th November 2023
Penalty u/s 112 (a) against CHA on clearance of imported vessel was not leviable as the duty of the importer was to give the correct and detailed description which had been discharged and the charge of misclassification had been dropped against importing firm and the matter already been decided in favour of the importing firm and its director and therefore, the cause of imposing penalty against Custom House Clearing Agent get extinguishable.
CESTAT Kolkata held that the imported assemblies, sub-assemblies, components, sub-components under EPCG are held as allowed as spares under the Foreign Trade Policy at Para 9.57.
ITAT Mumbai held that once only comparable as chosen by DRP fails, then same loses the comparability for determining the ALP.
CESTAT Chennai held that Armour Panels and Stretcher Assembly which are parts of helicopters are eligible for exemption based on exemption certificate issued in terms of Notification No. 63/1995-CE dated 16.03.1995.
RERA definitions for adjudicating officer, advertisement, agreement for sale and allottee. Learn their significance, legal implications, and impact on real estate regulations.
