Restriction of Input Tax Credit under Rule 86A applies only to fraudulently or ineligible availed credit; mere wrongful recipient availment is insuffi...
Business reorganisation requires recognition of successor's modified return; draft orders against dissolved transferor quashed and fresh review direct...
Pre-commencement R&D deduction denied where business had not commenced; deeming benefit requires tangible start of manufacture or commercial exploitat...
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Notification No. 62/2022-Customs is further amended by inserting a new entry in Table I after S. No. 825, covering tariff item 26020010 for all goods at a customs duty rate of 0.0. The amendment operates under section 25(1) of the Customs Act, 1962 and changes the duty treatment of the specified imported goods under the principal notification. It is issued as a further amendment to the existing customs exemption framework for imports from Australia.
Notification No. 62/2022-Customs is further amended by inserting a new entry in Table I after S. No. 825, covering tariff item 26020010 for all goods at a customs duty rate of 0.0. The amendment operates under section 25(1) of the Customs Act, 1962 and changes the duty treatment of the specified imported goods under the principal notification. It is issued as a further amendment to the existing customs exemption framework for imports from Australia.
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