Prospective valuation amendment limits reassessment: unamended fair market value reference could not justify reopening based on a registered valuer's ...
The Special Additional Excise Duty on Petroleum Crude production reduced. The amendment, made u/s 5A of the Central Excise Act, 1944, and u/s 147 of the Finance Act, 2002, substitutes the duty rate to "Rs. 5200 per tonne" effective from 1st June, 2024.
The Special Additional Excise Duty on Petroleum Crude production reduced. The amendment, made u/s 5A of the Central Excise Act, 1944, and u/s 147 of the Finance Act, 2002, substitutes the duty rate to "Rs. 5200 per tonne" effective from 1st June, 2024.
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