Condonation of delay permits statutory appeal restoration where inadequate service explanation prevented consideration of reassessment and taxable-inc...
Limitation in customs appeals permits exclusion for bona fide refund proceedings, enabling restoration of Bill of Entry assessment challenges on merit...
Warehousing permission requires deposit at the designated bonded warehouse; unauthorised diversion triggers confiscation, redemption fine and importer...
The Ministry of Finance, Department of Revenue, u/s 14 of the Customs Act, 1962, amended tariff values for Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver. New tables substituted previous ones, specifying tariff values per metric tonne or unit. Gold and Silver values vary based on form and purity. Effective from June 1, 2024, this notification 38/2024-Customs (N.T.), aims to regulate customs duties.
The Ministry of Finance, Department of Revenue, u/s 14 of the Customs Act, 1962, amended tariff values for Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver. New tables substituted previous ones, specifying tariff values per metric tonne or unit. Gold and Silver values vary based on form and purity. Effective from June 1, 2024, this notification 38/2024-Customs (N.T.), aims to regulate customs duties.
Note: It is a system-generated summary and is for quick reference only.