Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - The amendment Notification No. 29/2024-Customs (N.T.) updates the tariff values for commodities such as Crude Palm Oil, RBD Palm Oil, Crude Palmolein, and others, as well as precious metals like gold and silver. For example, the new tariff value for Crude Palm Oil is now set at $952 per metric tonne, an increase from the previous value. Such adjustments are crucial for calculating customs duties and have direct implications on the pricing and affordability of these commodities within the domestic market.
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - The amendment Notification No. 29/2024-Customs (N.T.) updates the tariff values for commodities such as Crude Palm Oil, RBD Palm Oil, Crude Palmolein, and others, as well as precious metals like gold and silver. For example, the new tariff value for Crude Palm Oil is now set at $952 per metric tonne, an increase from the previous value. Such adjustments are crucial for calculating customs duties and have direct implications on the pricing and affordability of these commodities within the domestic market.
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