Customs and excise duty revisions impose immediate rate changes and conditional concessions affecting imports, exports and EOUs. Finance Bill, 2017 changes and accompanying notifications revise customs and central excise duties, impose selected export duty, grant time-limited concessional rates and exemptions (often subject to actual user condition), and make several increases effective immediately under the Provisional Collection of Taxes Act, 1931. The measures include targeted BCD adjustments, excise increases on tobacco products and specified retrospective excise amendments, procedural obligations for manifests and filing, clarifications on EOU entitlement to concessional rates, and structural amendments to advance-ruling mechanisms and tariff classifications.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Customs and excise duty revisions impose immediate rate changes and conditional concessions affecting imports, exports and EOUs.
Finance Bill, 2017 changes and accompanying notifications revise customs and central excise duties, impose selected export duty, grant time-limited concessional rates and exemptions (often subject to actual user condition), and make several increases effective immediately under the Provisional Collection of Taxes Act, 1931. The measures include targeted BCD adjustments, excise increases on tobacco products and specified retrospective excise amendments, procedural obligations for manifests and filing, clarifications on EOU entitlement to concessional rates, and structural amendments to advance-ruling mechanisms and tariff classifications.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
