Charitable registration turns on predominant purpose and genuine activities, while incidental fees and related-party rent require supporting adverse m...
MAT book-profit adjustments exclude disallowances for exempt-income expenditure and demerger expenditure unless expressly listed under the statutory c...
Omitted specified domestic transaction provision invalidates related-party expenditure transfer-pricing references and assessments based on consequent...
Preventive suspension requires an immediate continuing threat and cannot become indefinite without inquiry, fresh evidence, or proportionate safeguard...
The Ministry of Finance, u/s 5A of the Central Excise Act, 1944, has issued Notification No. 16/2024-Central Excise on 14th June, 2024, amending No. 18/2022-Central Excise to reduce the Special Additional Excise Duty on Petroleum Crude production to Rs. 3250 per tonne. This amendment, effective from 15th June, 2024, is made in the public interest. The notification was issued by the Under Secretary, and it amends a previous notification from July 2022.
The Ministry of Finance, u/s 5A of the Central Excise Act, 1944, has issued Notification No. 16/2024-Central Excise on 14th June, 2024, amending No. 18/2022-Central Excise to reduce the Special Additional Excise Duty on Petroleum Crude production to Rs. 3250 per tonne. This amendment, effective from 15th June, 2024, is made in the public interest. The notification was issued by the Under Secretary, and it amends a previous notification from July 2022.
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