"15 November 2023" Archive

CBIC Reduces Excise Duty on Diesel Exports wef 16th Nov 2023

Notifications No. 39/2023-Central Excise [G.S.R. 837(E).] 15/11/2023

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....

CBIC reduces SAED on Petroleum Crude production wef 16.11.2023

Notification No. 38/2023-Central Excise [G.S.R. 836(E)] 15/11/2023

"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....

Customs Exchange Rates effective from 16th November, 2023

Notification No. 83/2023 - Customs (N.T.) 15/11/2023

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...

Customs Order on Stainless Steel (J3 Grade) – HS Codes & Compliance

CAVR Order No. 02/2023-Customs 15/11/2023

Latest Customs Order (02/2023) for Stainless Steel (J3 Grade) under HS Codes. Learn about compliance rules, documentation, and effective dates....

Tariff Values for Edible Oils, Brass Scrap, Areca Nut, Gold & Silver from 16.11.2023

Notification No. 82/2023-customs (N.T.) [S.O. 4938(E).] 15/11/2023

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...

CHA Cleared Vessel Import Without Misclassification; No Section 112(a) Penalty

J M Baxi & Co Vs C.C. Jamnagar (CESTAT Ahmedabad)

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 dire...

Assemblies, sub-assemblies, components, sub-components imported under EPCG allowed as spares under FTP

Tata Steel Ltd. Vs Commr. of Customs (Port) (CESTAT Kolkata)

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....

Comparability for determining ALP lost as only comparable chosen by DRP fails

Tata Chemicals Ltd Vs DCIT (ITAT Mumbai)

ITAT Mumbai held that once only comparable as chosen by DRP fails, then same loses the comparability for determining the ALP....

Exemption benefit based on exemption certificate available to parts of helicopters

Taneja Aerospace and Aviation Limited Vs Commissioner of GST and Central Excise (CESTAT Chennai)

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: Adjudicating Officer, Advertisement, Sale Agreements & Allottee

RERA definitions for adjudicating officer, advertisement, agreement for sale and allottee. Learn their significance, legal implications, and impact on real estate regulations....

Posted Under: Excise Duty |

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