Enforcement of resolution-plan directions continues without a Supreme Court stay, preventing suspension of redistribution and escrowed-fund distributi...
Third-party ownership claims over attached property require Special Court adjudication where purchasers lack registered sale deeds and bona fides rema...
Pure-agent reimbursements in clearing and forwarding services are excluded from taxable value when qualifying third-party payments are properly record...
Customs relief for Strait of Hormuz maritime disruptions remains available, with existing conditions continuing unchanged through the extended validit...
CBIC amends the customs tariff-value notification under section 14(2) of the Customs Act, 1962 by substituting revised Tables 1 to 3 for edible oils, brass scrap, gold, silver and areca nuts. The notification keeps the tariff values unchanged for several items, including crude palm oil, palmolein, crude soya bean oil, brass scrap, gold covered by the specified import entries, and areca nuts, while setting tariff values for silver in specified forms at US$ 2,455 per kilogram and maintaining gold at US$ 1,508 per 10 grams for the listed categories. It takes effect from 20 May 2026.
CBIC amends the customs tariff-value notification under section 14(2) of the Customs Act, 1962 by substituting revised Tables 1 to 3 for edible oils, brass scrap, gold, silver and areca nuts. The notification keeps the tariff values unchanged for several items, including crude palm oil, palmolein, crude soya bean oil, brass scrap, gold covered by the specified import entries, and areca nuts, while setting tariff values for silver in specified forms at US$ 2,455 per kilogram and maintaining gold at US$ 1,508 per 10 grams for the listed categories. It takes effect from 20 May 2026.
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