Appeal Dismissed Due to Raised Rs.2 Crores Threshold for Indirect Taxes and Customs Cases per 2023 Finance Circular. The SC dismissed the appeal on the grounds of the increased monetary threshold of Rs.2 Crores for cases concerning indirect taxes and customs, following ...
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Appeal Dismissed Due to Raised Rs.2 Crores Threshold for Indirect Taxes and Customs Cases per 2023 Finance Circular.
The SC dismissed the appeal on the grounds of the increased monetary threshold of Rs.2 Crores for cases concerning indirect taxes and customs, following the Ministry of Finance's circular dated 02.11.2023. This decision effectively limits the jurisdiction for appeals below this financial threshold.
The Supreme Court dismissed the appeal due to the raised monetary limit of Rs.2 Crores for matters related to indirect taxes and customs, as per the circular dated 02.11.2023 by the Ministry of Finance.
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