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...
The notification is issued u/s 20(3) of the Competition Act, 2002 relating to Inquiry into combination by Commission. It aims to adjust the thresholds for assets and turnover for the purposes of Section 5 of the Act. - The Central Government, in consultation with the Competition Commission of India, has decided to enhance the thresholds by 150%. This means that the value of assets and turnover used to determine the applicability of Section 5 of the Act will be increased by 150%.
The notification is issued u/s 20(3) of the Competition Act, 2002 relating to Inquiry into combination by Commission. It aims to adjust the thresholds for assets and turnover for the purposes of Section 5 of the Act. - The Central Government, in consultation with the Competition Commission of India, has decided to enhance the thresholds by 150%. This means that the value of assets and turnover used to determine the applicability of Section 5 of the Act will be increased by 150%.
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