CBIC issued Notification No. 42/2023-Customs Dated: 30th June, 2023 to amend Notification No. 11/2021-Customs. The amendment introduces a new entry prescribing an Agriculture Infrastructure and Development Cess (AIDC) rate of 15% for Liquefied Petroleum Gas (LPG) imports
CBIC issued Notification No. 41/2023-Customs Dated: 30th June, 2023 to amend Notification No. 50/2017-Customs. The amendment introduces a new entry prescribing a Basic Customs Duty (BCD) of 5% for Liquified Petroleum Gas (LPG).
CBIC issued Notification No. 40/2023-Customs Dated: 30th June, 2023 to increase standard tariff for Liquified Petroleum Gas (LPG) falling under specific tariff items in First Schedule of Customs Tariff Act, 1975.
Govt revised interest rates for various Small Savings Schemes for the second quarter of the financial year 2023-24, effective from July 1st to September 30th, 2023. This article provides an analysis of the revised rates, highlighting the changes for each scheme. Stay informed about the latest interest rates for Small Savings Schemes in India.
Discover the CESTAT Ahmedabad verdict on the case of S A Engineering Works Vs Commissioner of Central Excise & ST. Learn how lack of evidence led to a ruling in favor of the appellant.
Analyze the case of DCIT vs. Software One Pte Ltd. (ITAT Delhi) regarding the taxation of software sales and royalty. Understand the distinction between copyright ownership and distribution rights, as well as the impact of the Supreme Court’s decision in the Engineering Analysis case.
A recent judgment by the Supreme Court of India has set a precedent, ruling that the issuance of a corporate guarantee on behalf of group companies by a director without consideration is not a taxable service. Discover the insights and implications of this judgment in our comprehensive analysis.
Your credit score and report form a crucial part of your financial profile. They also impact your ability to access funds quickly and on affordable terms. While your report is generally accurate, there may be instances where it may not represent the correct information.
Navigating the complex world of taxes can be a daunting task, but understanding how to utilize your credit card statements effectively can make all the difference. Keeping proper documentation enables individuals and businesses alike to secure substantial savings that might otherwise slip through the cracks.
Learn about the Rs. 25 Lakh penalty imposed by the Government of India on a private company for non-appointment of a Company Secretary in accordance with the Companies Act, 2013.
