Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
AMENDMENTS TO THE CUSTOMS ACT, 1962 - Due to increase in Custom Duty these items will get costlier Compounded rubber, Articles made from gold bars, Electric Kitchen chimneys, Import of Electronic Vehicle, Imported bicycles and toys, Silver & Imitation Jewelry. whereas decrease in custom duty will make these items cheaper Open cell of TV Panels, Seeds of Lab-grown diamonds, Shrimp feed, Machinery for lithium ion batteries, Raw materials for EV industry & Certain inputs for mobile phone manufacturing.
AMENDMENTS TO THE CUSTOMS ACT, 1962 - Due to increase in Custom Duty these items will get costlier Compounded rubber, Articles made from gold bars, Electric Kitchen chimneys, Import of Electronic Vehicle, Imported bicycles and toys, Silver & Imitation Jewelry. whereas decrease in custom duty will make these items cheaper Open cell of TV Panels, Seeds of Lab-grown diamonds, Shrimp feed, Machinery for lithium ion batteries, Raw materials for EV industry & Certain inputs for mobile phone manufacturing.
Note: It is a system-generated summary and is for quick reference only.