Customs valuation and classification require comparable evidence and assessment of imported goods in their actual condition, invalidating related pena...
Terminal gate verification for transshipment containers shifts to operators, while Customs controls and discrepancy reporting requirements remain mand...
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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