Customs relief for Strait of Hormuz maritime disruptions remains available, with existing conditions continuing unchanged through the extended validit...
Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
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The Ministry of Finance, Department of Revenue, through Notification No. 37/2024-CUSTOMS (N.T.), has amended tariff values for various goods u/s 14 of the Customs Act, 1962. The notification substitutes Tables 1, 2, and 3 with revised tariff values for goods such as edible oils, brass scrap, areca nut, gold, and silver. The notification, effective from 22nd May 2024, maintains existing tariff values for items like Crude Palm Oil, RBD Palm Oil, Crude Palmolein, and others. It also specifies tariff values for Gold and Silver in different forms. This amendment aligns with the government's customs regulations and aims to regulate import duties accordingly.
The Ministry of Finance, Department of Revenue, through Notification No. 37/2024-CUSTOMS (N.T.), has amended tariff values for various goods u/s 14 of the Customs Act, 1962. The notification substitutes Tables 1, 2, and 3 with revised tariff values for goods such as edible oils, brass scrap, areca nut, gold, and silver. The notification, effective from 22nd May 2024, maintains existing tariff values for items like Crude Palm Oil, RBD Palm Oil, Crude Palmolein, and others. It also specifies tariff values for Gold and Silver in different forms. This amendment aligns with the government's customs regulations and aims to regulate import duties accordingly.
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