Budget: Exempt entities like non-profits face hurdles due to TCS on transactions. Govt can notify exemptions/lower TCS rates for them. Effective Oct '...
Budget: Amendments clarify penalties for inaccurate info/non-compliance with due diligence under AEoI. Rs. 50K fine for errors/failures. Defense allow...
Substitution of new section for section 53 of Customs Act, 1962 - Transit of certain goods without payment of duty - to enable the proper officer to allow transit of certain goods and conveyance without payment of duty, subject to the conditions specified by the Board by regulations.
Substitution of new section for section 53 of Customs Act, 1962 - Transit of certain goods without payment of duty - to enable the proper officer to allow transit of certain goods and conveyance without payment of duty, subject to the conditions specified by the Board by regulations.
Note: It is a system-generated summary and is for quick reference only.