Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
Attachment of Pre Offence Mortgaged Property remains possible under PMLA; secured creditors may pursue statutory claim and seek auction with undertaki...
Tariff values under the customs valuation notification are revised by substituting Tables 1 to 3, while many commodity values remain unchanged. The notification fixes tariff values for specified edible oils, brass scrap, gold, silver and areca nuts, including separate rates for gold and silver where the benefit of the specified customs entries is availed, and for defined forms of gold and silver imports. It also clarifies the scope of certain silver and gold categories through explanations, including exclusions for silver coins, jewellery and articles made of silver, and the meaning of gold findings. The amendment takes effect from 12 June 2026.
Tariff values under the customs valuation notification are revised by substituting Tables 1 to 3, while many commodity values remain unchanged. The notification fixes tariff values for specified edible oils, brass scrap, gold, silver and areca nuts, including separate rates for gold and silver where the benefit of the specified customs entries is availed, and for defined forms of gold and silver imports. It also clarifies the scope of certain silver and gold categories through explanations, including exclusions for silver coins, jewellery and articles made of silver, and the meaning of gold findings. The amendment takes effect from 12 June 2026.
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