Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Recommendations of 50th meeting of GST Council - GST Council recommends Casino, Horse Racing and Online gaming to be taxed at the uniform rate of 28% on full face value - Notification for GST Appellate Tribunal to be issued with effect from 01.08.2023 - Exemption from GST on cancer-related drugs, medicines for rare diseases and food products for special medical purposes - GST rates redued from 18 percent to 5 percent on 4 items i.e Uncooked, unfried & extruded snack palettes, fish soluble paste, LD slag to be at par with blast furnace slag, and imitation zari thread - Several measures for streamlining compliances in GST
Recommendations of 50th meeting of GST Council - GST Council recommends Casino, Horse Racing and Online gaming to be taxed at the uniform rate of 28% on full face value - Notification for GST Appellate Tribunal to be issued with effect from 01.08.2023 - Exemption from GST on cancer-related drugs, medicines for rare diseases and food products for special medical purposes - GST rates redued from 18 percent to 5 percent on 4 items i.e Uncooked, unfried & extruded snack palettes, fish soluble paste, LD slag to be at par with blast furnace slag, and imitation zari thread - Several measures for streamlining compliances in GST
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